The Inside Scoop (07-29-2022)

From the Desk of Steve Strazza @Sstrazza

As this summer’s relief rally gains momentum, the new highs list is gaining and growing along with it.

For long-only universes like The Hot List, this is great news.

Why?

Because we finally have a good amount of bullish chart setups to choose from again. For a few months there, we were struggling to find solid opportunities for putting on long exposure.

We’ve been patiently waiting for evidence that the market is turning. And while we’re not out of the woods yet, conditions have improved significantly since June.

Let’s dive in and talk about some health care stocks that have our attention right now.