π Biotechnology Hits All Time Highs
It could be one of the greatest beneficiaries of AI.
π Daily ETF Overview
Looking at our sector list this week, we can't help but notice that Small Cap Health Care $PSCH has transitioned from red to green.
When looking at PSCH, the chart is incredibly constructive.
This makes sense considering just how well Biotech $IBB is setting up.
IBB is on the cusp of breaking out of this major base to all time highs.
As AI begins working its way into the economy, it is finally beginning to touch biotechnology and healthcare research. This group could be one of the largest beneficiaries of AI technology.
And the chart only confirms it.