Health Care Sector Showing Strength

The Health Care Sector is the strongest area of the market in today's trading session, currently up 0.5% on the day. The best performing stocks in the S&P 500 Health Care Sector currently are: 1) Forest Laboratories FRX: Shares of Forest Laboratories are currently trading up 1.8% from Friday's close to $38.65. The stock hit a 52-week high of $39.14 in today's session. The year-to-date performance of Forest Laboratories has been a gain 20.9%. 2) Pfizer PFE: Shares of Pfizer are currently trading up 1.6% from Friday's close to $20.43. The stock is looking to break above its 50-day simple moving average (one year daily chart), which is currently at $20.54. 3) Quest Diagnostics DGX: Shares of Quest Diagnostics are currently trading up 1.2% from Friday's close to $59.17. The stock is nearing its 52-week high of $59.39, which was set on April 19th. 4) Abbot Laboratories ABT: Shares of Abbot Laboratories are currently trading up 1.1% from Friday's close to $51.45. The stock has lost 5% since hitting a 52-week high of $54.24 on May 13th. 5) Varian Medical Systems VAR: Shares of Varian Medical Systems are currently trading up 1% from Friday's close to $66.10. The stock broke above its 200-day simple moving average (one year daily chart) in today's session. Weakness in the Sector: The following stocks are showing signs of weakness, despite overall sector strength 1) Boston Scientific BSX: Shares of Boston Scientific are currently trading down 1.1% from Friday's close to $6.68. The stock broke below its 200-day simple moving average (one year daily chart) in today's session. 2) Gilead Sciences GILD: Shares of Gilead Sciences are currently trading down 0.9% from Friday's close to $39.87. The stock is looking to test its 200-day simple moving average (one year daily chart), which is currently at $38.56. 3) Thermo Fisher Scientific TMO: Shares of Thermo Fisher Scientific are currently trading down 0.7% from Friday's close to $62.38. The stock has strong support around the $62.15 level. After that, the next support comes into play at $59.53.