Bookkeeping: Adding to Healthcare Stocks (Mostly)

I am going to take some more profits out of Sequenom (SQNM) which has been a big winner for us this week and sprinkle buys in among a plethora of other healthcare stocks which for the most part just sit there and are immune to the big selloff days. They lag on days the market goes up, but in this type of market I'll take that trade off. I'm cutting Sequenom further, down to a 0.8% position - a chart like this is tricky - we either want to see a new high (north of $29 for example) or a fill of the gap down in the $20 range to add to the position. Sort of in no man's land for now as it has a 50/50 chance of going either way.

I'm adding (in $5K-$10K swatches) to

1. NuVasive (NUVA)
2. Luminex (LMNX)
3. Genoptix (GXDX)
4. Kendle International (KNDL)

All have a similar looking chart to this


I also added to Thoratec (THOR) yesterday in the same space

While the volatility in the commodities and financials space might be fun for daytraders, it has long become wearing from this seat and I'd rather focus on stocks that seem to trade somewhat in line with their fundamentals and not be awash in the daily battles between bulls and bears.

I also added to retailer Buckle (BKE) here as it acts as if it is a healthcare stock. There are very few good charts out there, so I'm going to use methods that work in a normal non-insane market, and add to the stocks with relative strength.


Long all names mentioned in fund; no personal position