Healthcare stocks hit record highs. The Investing Club owns three of them. They released an afternoon update called the Homestretch to tell you this matters.
It doesn't.
Every stock that goes up was bought by someone who will later claim they saw it coming. Every stock that goes down was owned by someone who will explain why the thesis was still correct. Healthcare caught fire the same way tech caught fire last year and energy caught fire before that. Random walks look like trends to people who need them to be trends.
The Investing Club sends daily updates just in time for the last hour of trading. Perfect timing for people who want to feel productive while losing money faster. You could set your portfolio on fire in the morning like a civilized person. Instead you wait until 3pm to get actionable insights from people who will never mention these stocks again if they drop forty percent.
Record highs mean nothing except that the previous record is now lower than the current price. This will continue until it stops. Then everyone will explain why healthcare was obviously overvalued. The same people celebrating today will call the top perfectly in retrospect.
Three stocks going up at the same time is not a sector rotation or a trend or a signal. It's three numbers getting bigger. The Investing Club could own three restaurant stocks or three semiconductor stocks or three companies that all start with the letter P. They would send the same email with different tickers.
Retail traders will read this update and buy healthcare stocks tomorrow morning. They'll pay more than today's record high because that's what record highs are for. Institutions sell into strength. You buy into newsletters.
Photo by Markus Winkler on Unsplash
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