CNBC Television Stocks open higher as health care leads the market

🎯 Загружено автоматически через бота: 🚫 Оригинал видео: 📺 Данное видео принадлежит каналу «CNBC Television» (@CNBCtelevision). Оно представлено в нашем сообществе исключительно в информационных, научных, образовательных или культурных целях. Наше сообщество не утверждает никаких прав на данное видео. Пожалуйста, поддержите автора, посетив его оригинальный канал. ✉️ Если у вас есть претензии к авторским правам на данное видео, пожалуйста, свяжитесь с нами по почте support@, и мы немедленно удалим его. 📃 Оригинальное описание: CNBC’s Bob Pisani looks ahead at the day’s market action. Health care stocks are surging. The group rallied hard Wednesday following former Vice President Joe Biden’s Super Tuesday sweep, with the Health Care Select Sector SPDR Fund (XLV) rising nearly 6% for the session and pacing for its best week since Nov. 2018. The moves were largely led by UnitedHealth Group, which had its best daily performance since 2008 with a nearly 11% gain. The iShares U.S. Health Care Providers ETF (IHF) also popped — up nearly 9%, its best day since 2008 — as did the SPDR S&P Biotech ETF (XBI), which notched a more than 4.5% gain. JC O’Hara, chief market technician at MKM Partners, saw even more room to run for the broader health-care group. “I think it behooves investors to add a little defensive tilt to their portfolio, and I think health care ... checks all the boxes,” he said Wednesday on CNBC’s “Trading Nation,” pointing to a chart of the XLV. “It has a very bullish setup right here,” O’Hara said. “Last year, it was mostly [in] a consolidation zone. Q4, we saw a strong breakout. Overall market weakness pulled health care back, but what I like is it pulled it back to major support. We believe that we should see a strong bounce here off of $90 and, truthfully, I think there’s another 6% to the upside to test the all-time highs here.” The XLV’s surge Wednesday brought it to $ by the close, not far off the all-time closing high of $ it hit in January. In Thursday’s premarket, it was down % to $. Of the health-care stocks, O’Hara recommended sticking with one of the group’s strongest long-term performers. “We focus on price action. When we look through the health-care sector, we try to identify stocks that were still in longer-term uptrends, and the recent pullback has stabilized on key support levels. And Johnson & Johnson gives us just that,” he said. For access to live and exclusive video from CNBC subscribe to CNBC PRO: » Subscribe to CNBC TV: » Subscribe to CNBC: » Subscribe to CNBC Classic: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: Follow CNBC on LinkedIn: Follow CNBC News on Facebook: Follow CNBC News on Twitter: Follow CNBC News on Instagram: #CNBC #CNBC TV