@deftrades I appreciate the heads up here on healthcare, I will increase my TRowe Health Sciences fund on the close today by 6%, $PRHSX . It hasn't been great the last few years though long term it has been a very big winner for us.
Traders And Investors Are Winning With #Biotech Stocks $ABT $PRHSX $IBB $GILD $ISRG https://talkmarkets.com/content/etfs/traders-and-investors-are-winning-with-biotech-stocks?post=543294
$PRHSX time to take some great gains from over the years off the table and reduce our allocation to 10% in the one long term account on the close. Was prior overweight for some years as mentioned. Great fund.
Chart is now wildly overbought shorter term: https://schrts.co/zzbVfCJy
Confucius says stupid investors sell their winners and marry their losers (including us)
selling / exchanging $ACWX clone at $TROW
moving MORE money to $XLV CLONE AT TROW
$RPgEX PUT 100% OF TROW MONEY hERE ! 5/14 39.89
6/24 TRIMMED A PIECE 40.83 (went elsewere)
9/12 trimmed another piece 41.92 (went elsewhere)
10/26 trimmed another piece 43.20 (went to $XLV clone at trow
for 12/16 moving a 2nd piece to $xlv clone at trow
12/13 price was 44.28; of course we will get 12/16 price
buy price of $XLV CLONE at trow on 10/30
actual symbol $PRHSX 96.49
12/13 price, 92.03 ouch !! = losing money here, got it ?
of course, we will get 12/16 price for the additional buy of $PRHSX
$XLV has been consolidating the last few years though a consistent long term performer with a lot less volatility in downturns. It is getting overbought currently, here's the chart: https://schrts.co/vAENDXvV , the last really good buying opportunities for my standards were this past April and November 2023 before that. Otherwise, cost averaging is fine. Allocation % is a big part of things for me as well.
I've owned a health sciences fund with TRowe price for many years that has been very good to me. I'll continue to own it as I think healthcare will breakout sooner than later and have good years ahead of it.
$PRHSX
https://finance.yahoo.com/quote/XLV/performance/
Risk/reward
$XBI $XLV $PRHSX my point made in regards to the rotation, fantastic performance since I mentioned this when it was at depressed levels in November last year for example. Never really different. Risk/reward.
$PRHSX One of my favorite funds that I've owned for many years. I've bought on dips over the years, last significant adds were in 2016 when Hilary Clinton was running for president and the scare was put out at that time for health related companies. Did add some on the 2022 dip as well. Incredible track record and a smoother long term ride than some others. Love the fact that these are needs based businesses as well. https://www.troweprice.com/personal-investing/tools/fund-research/PRHSX
Healthcare, health sciences, and biotech are all long term underowned. I believe this will be another area that will outperform when nobody expects it. Rotations are powerful. I will continue to own these areas at depressed levels in a reasonable allocation and accumulate further into deep oversold areas.
$XLV $PRHSX $XBI
IT'S OFFICIAL. Healthcare funds haven't been performing.
$FPHAX 7/6/22 25,000 7/11/22 20,000 => 3/4/23 value including cap gains reinvested in December 44,267
in my $TROW ira where I enjoy nearly totally unfettered ability to day trade: $PRHSX bot 2/23 87.73 sold 3/3 87.81 (ytd -2.24%)
moved money to $PRASX new asia 16.96 (YTD 6.20)
I CAN'T GO BACK INTO CHINA FOR ANOTHER 2.5 WEEKS CUZ I JUST TRADED OUT OF IT IN FEBRUARY.
also 3/3 gave up selling final half of my underperforming $TRAMX africa and middle east
(ytd .92)
3 #Healthcare #MutualFunds That You Should Certainly Buy $FSMEX $PHLAX $PRHSX https://talkmarkets.com/content/mutual-funds/3-healthcare-mutual-funds-that-you-should-certainly-buy?post=328595
wow, I picked a great day to get out of $PRHSX + 1.28% today. a nice sweet goodbye. 117.14
Only bought it 8/16 at
08/16/2021
EXCHANGE FROM AFRMIDEAST
Health Sciences PRHSX
$111.28 + 5.26% in 17 days.
moving to $traox got in today at 20.59 it was down 6 pennies today or
-0.29% which actually helps.
* * * * *
ancient history on traox
s 1/14/21 21.28
cap gains paid 12/27/20
div paid 12/16/20
b even more 12/11 20.37
b 11/30 19.70
* * * * *
s 6/16 15.81 ouch ! -2.22% (I only make small mistakes)
b 6/8/20 16.17
selling a clone of $IYH today. doing a simultaneous, same day swap from $PRHSX to $TRAOX within the $TROW family of funds
ancient history
bought $PRHSX 8/16 111.28
price on 9/1 was 115.65
of course, I will get the 9/2 selling price on prhsx
what a difference a day makes (not so much, but it makes a good headline)
$TRAMX sold monday 8/16 10.03 sold the rest tuesday 8/17 9.99
almost all of the 8/17 tramx proceeds went into $XLY at 175.20 on 8/16
right now it is 177.00
proceeds from the 8/16 tramx sale at 10.03 immediately and simultaneously went into $PRHSX a clone of $XLV at 111.28
the closing price on 8/17 was 112.46 +1.06% for the first day I owned it
* * * * *
new topic $DTIL 8/16 b 9.52
right now 9.30 ugh !
