Pharma Stocks (DRG) Break Higher Today

Please see my blog entry from Monday April 18 here

Today the AMEX Pharmaceutical Index (DRG) is breaking out and higher above the $320 discussed on Monday.  Individual names like Pfizer (PFE) are acting well of course.

This all goes in my theme of non-cyclicals/defensive stocks starting to outperform the broader tape, as discussed here:

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