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Tickers in this Article: ACOR, MASI, MYGN, OFIX, MDVN, QCOR, BIIB
This morning, the market has been relatively quiet. The Nasdaq remains relatively unchanged; the S&P 500 is unchanged; and the Dow has moved little. The healthcare sector is the category of stocks relating to medical and healthcare goods or services. This sector includes hospital management firms, health maintenance organizations (HMOs), biotechnology and a variety of medical products. Stocks in the healthcare sector are often considered to be defensive because the products and services are essential. Even during economic downturns, people will still require medical aid and medicine to overcome illness. Having a consistent demand for goods and services makes this sector less sensitive to business cycle fluctuations.

The Healthcare sector (XLV) has fallen 0.1% despite little change in the market overall. The biggest movers in the sector so far are:
CompanyMarket CapPercentage Change
Acorda Therapeutics (Nasdaq:ACOR)$1.01 billion+8.1%
Masimo (Nasdaq:MASI)$1.22 billion-5.9%
Myriad Genetics (Nasdaq:MYGN)$2.25 billion-5.1%
Orthofix (Nasdaq:OFIX)$771.7 million-4%
Medivation (Nasdaq:MDVN)$3.83 billion+3.9%
Questcor Pharmaceuticals (Nasdaq:QCOR)$1.52 billion+3.8%
Biogen Idec (Nasdaq:BIIB)$35.49 billion-3.4%
Software Summary: Stock Screener

Acorda Therapeutics (Nasdaq:ACOR) is at $27.20 per share after an increase of 8.1%. The company is trading at a volume of 284,055 shares.

Masimo (Nasdaq:MASI) has decreased to $20.08 per share, a 5.9% fall. So far today, the company's volume is 841,796 shares, 2.1 times the average daily volume.

Slipping 5.1%, Myriad Genetics (Nasdaq:MYGN) is currently trading at $26.28 per share. So far today, the company's volume is 922,230 shares.

Currently trading at $38.34 per share, Orthofix (Nasdaq:OFIX) has fallen 4%. With 26,480 shares changing hands so far today, the company's volume is 0.3 times its average over the past three months.

After rising 3.9%, Medivation (Nasdaq:MDVN) is currently trading at a share price of $53.50. The company's volume is currently 490,266 shares. This is on pace to reach yesterday's trading volume of 1.1 million shares.

Questcor Pharmaceuticals (Nasdaq:QCOR) is up 3.8% to reach a current price of $26.99 per share. At 933,181 shares, the company's volume so far today is in keeping with its current daily average.

Falling 3.4%, Biogen Idec (Nasdaq:BIIB) is currently at a share price of $144.89. This morning, the company is trading a volume of 2.8 million shares.

The Bottom Line No matter the economic climate, Wall Street will always have stocks that make major moves each week. It is important to weigh current activity against historical performance when making any investment decisions. Tools like valuation ratios and profit margins, however, are only as useful as the context you put them in; remember to take historical data and competitor performance into account.

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