From Mundane to Momo, Pharma Has Karma

Something big has been going on in Big Pharma . The sector is no longer boring and the group is blowing higher out of multi-year down trends. Most pay a sweet dividend. Keep them on your radar for 2012, especially if things get ugly in the general market. You may want to wait for pullbacks to enter.

$BMY has broken out of a four year base on volume. Yields about 4%

bmy1 300x198 From Mundane to Momo, Pharma Has Karma
BMY

$MRK also breaking out of a four year base and downtrend line on volume. Yields about 4.5%

mrk 300x202 From Mundane to Momo, Pharma Has Karma
MRK

$ABT also is breaking out of a four base and downtrend line. My subscribers own this one. Looks much higher. Yields about 3.5%.

abt 300x196 From Mundane to Momo, Pharma Has Karma
ABT

$PFE has also exploded out of a four year base and downtrend. Yields about 3.7%

pfe 300x202 From Mundane to Momo, Pharma Has Karma
PFE

$LLY is going too. Yields about 4.7%

lly 300x198 From Mundane to Momo, Pharma Has Karma
LLY

For more detailed recommendations you can subscribe here. Have a great weekend.

Joe Donohue

Joe is a full time trader with 25 years experience. He is a senior contributor and investor in Stocktwits and has been seen on CNN Money and quoted in Marketwatch, Forbes, Reuters, NY Times and Wall Street Journal.