Healthcare sector (XLV)
Can the Dow Theory for the 21st
Century (DT21C) be successfully applied to the healthcare sector (XLV)? Yes,
and it works great. In a future post, I will explain why the Dow Theory works
with sectors and what sectors stand to profit most from the Dow Theory. Today,
I applied the Dow Theory to XLV (Health Care Select Sector SPDR ETF). The
results are amazing:
1) The Dow Theory increased
total profits by 51.46%
2) Maximum drawdown was cut by 40.14%. On a close trade
basis, it was cut by 80.63%
If you want to see the outperformance when applied to
XRT (retail sector ETF):
http://www.dowtheoryinvestment.com/2022/06/can-dow-theory-be-applied-to-sectors.html
More to follow soon.
Sincerely,
Manuel Blay
Editor of thedowtheory.com
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