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%

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

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

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

$LLY is going too. Yields about 4.7%

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