This morning's trading has marked a bad day for the market so far. The Nasdaq has decreased 0.4%; the S&P 500 has slipped 0.2%; and the Dow is trading down 0.2%. 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) is currently ahead of the overall market, down only 0.2%, and its biggest movers are currently:

Company Market Cap Percentage Change
Questcor Pharmaceuticals (Nasdaq:QCOR) $1.63 billion -6.4%
Puma Biotechnology (NYSE:PBYI) $529.4 million +6.4%
Regeneron Pharmaceuticals (Nasdaq:REGN) $16.84 billion -3.7%
WuXi PharmaTech (Cayman) Inc (NYSE:WX) $1.15 billion +3.1%
Salix (Nasdaq:SLXP) $2.43 billion +2.9%
Dr. Reddy\'s Laboratories Limited (NYSE:RDY) $5.43 billion +1.9%
Pharmacyclics (Nasdaq:PCYC) $3.72 billion -1.8%

Forex Broker Summary: UFXMarkets

Slipping 6.4%, Questcor Pharmaceuticals (Nasdaq:QCOR) is currently trading at $26.36 per share. The company's volume is currently 2.5 million shares for the day, 1.6 times its current three-month average.

After rising 6.4%, Puma Biotechnology (NYSE:PBYI) is currently trading at a share price of $20.73. So far today, 33,340 shares of the company's stock have changed hands. Yesterday's volume was only 2,920 shares.

At $180.81, Regeneron Pharmaceuticals (Nasdaq:REGN) has slipped 3.7%. The company's volume is currently 531,970 shares for the day, in line with the current daily average.

WuXi PharmaTech (Cayman) Inc (NYSE:WX) has increased to a share price of $16.93, a 3.1% rise. The company's volume for the day so far is 480,308 shares.

Increasing 2.9%, Salix (Nasdaq:SLXP) is trading at $42.44 per share. So far today, the company's volume is 338,256 shares, 0.6 times the current three-month average.

Dr. Reddy's Laboratories Limited (NYSE:RDY) is up 1.9% to reach a current price of $33.49 per share. The company is trading at a volume of 59,606 shares. At this rate, trading activity will likely be down from yesterday when 169,266 shares changed hands.

Pharmacyclics (Nasdaq:PCYC) has decreased to $53.13 per share, a 1.8% fall. At 90,469 shares, the company's volume so far today is 0.2 times the average daily volume.

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. Keep in mind that all these ratios should be compared against historical numbers and industry information in order to get a more complete picture.

Related Articles
  1. Stock Analysis

    Will J.C. Penney Come Back in 2016? (JCP)

    J.C. Penney is without a doubt turning itself around, but that doesn't guarantee the stock will respond immediately.
  2. Stock Analysis

    Allstate: How Being Boring Earns it Billions (ALL)

    A summary of what Allstate Insurance sells and whom it sells it to including recent mergers and acquisitions that have helped boost its bottom line.
  3. Economics

    Long-Term Investing Impact of the Paris Attacks

    We share some insights on how the recent terrorist attacks in Paris could impact the economy and markets going forward.
  4. Options & Futures

    Cyclical Versus Non-Cyclical Stocks

    Investing during an economic downturn simply means changing your focus. Discover the benefits of defensive stocks.
  5. Investing Basics

    How to Deduct Your Stock Losses

    Held onto a stock for too long? Selling at a loss is never ideal, but it is possible to minimize the damage. Here's how.
  6. Economics

    Is Wall Street Living in Denial?

    Will remaining calm and staying long present significant risks to your investment health?
  7. Stock Analysis

    When Will Dick's Sporting Goods Bounce Back? (DKS)

    Is DKS a bargain here?
  8. Investing News

    How AT&T Evolved into a Mobile Phone Giant

    A third of Americans use an AT&T mobile phone. How did it evolve from a state-sponsored monopoly, though antitrust and a technological revolution?
  9. Stock Analysis

    Home Depot: Can its Shares Continue Climbing?

    Home Depot has outperformed the market by a wide margin in the last 12 months. Is this sustainable?
  10. Stock Analysis

    Yelp: Can it Regain its Losses in 2016? (YELP)

    Yelp investors have had reason to be happy recently. Will the good spirits last?
  1. How do dividends affect retained earnings?

    When a company issues a cash dividend to its shareholders, the retained earnings listed on the balance sheet are reduced ... Read Full Answer >>
  2. What is the difference between called-up share capital and paid-up share capital?

    The difference between called-up share capital and paid-up share capital is investors have already paid in full for paid-up ... Read Full Answer >>
  3. Why would a corporation issue convertible bonds?

    A convertible bond represents a hybrid security that has bond and equity features; this type of bond allows the conversion ... Read Full Answer >>
  4. How does additional paid in capital affect retained earnings?

    Both additional paid-in capital and retained earnings are entries under the shareholders' equity section of a company's balance ... Read Full Answer >>
  5. What types of capital are not considered share capital?

    The money a business uses to fund operations or growth is called capital, and there are a number of capital sources available. ... Read Full Answer >>
  6. What is the difference between issued share capital and subscribed share capital?

    The difference between subscribed share capital and issued share capital is the former relates to the amount of stock for ... Read Full Answer >>

You May Also Like

Trading Center