Anthem (NYSE: ANTM) Stock's Breakdown Could Result in a Fast Drop

Health care is one investment theme that's certainly in vogue right now. While traditionally considered a defensive sector, I've heard numerous pundits declare its classification has changed from defensive to growth.
I always find it interesting when people change their long-held assumptions about the market. Think about what happened when traders began to substitute "eyeballs" for "earnings" in the P/E ratio during the dot-com bubble, for example. Eventually, the market usually reminds them who's boss.
Health care has been leading the market for many months, with the Health Care Select Sector SPDR ETF (NYSE: XLV) posting an 8% gain year to date as the broader market has moved sideways. Plus, the relative performance charts of most health care indexes versus the S&P 500 continue to point higher.  (more)

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