Use available weakness to go long or add to longs.
CVS Health states that the chain has kept its stores open as an 'essential' retailer through this pandemic.
Technical analysis and trading strategy on the healthcare stock
The charts of CVS are in good shape, so expect renewed strength in the weeks ahead.
Eagle Pharmaceuticals, Biohaven Pharmaceuticals and Acadia Pharmaceuticals are names to consider on a 10% move down in equities.
Trading volume in the disinfectant maker's shares has been very active since February, which coincides with rising coronavirus fears.
I'm long GILD, but the fact is that the firm is not trying to make money off of Remdesivir at this point.
Quotient Limited and Redhill Biopharma could deliver for shareholders, while Novavax Inc. and Inovio Pharmaceuticals may not in the end.
Overall the charts of CNC are constructive but I would still want to buy strength.
Money movers are not buying protection for individual names, but they are starting to bet against the market en masse, while the Russell 2000 ran up 4% on Monday.