As many investors enjoy the final weeks of summer, some optimistic bulls seem to be positioning themselves well ahead of Labor Day in anticipation of a fall rally. Indeed, last week’s action was impressive

Except for one gas utility fund (GASFX), only Health Care mutual funds outperformed the S&P 500 over multiple long and short periods (including 2008) with “reasonable” volatility for return generated.

Keep your eyes on the healthcare sector in the coming 3-6 weeks as this could provide some decent swing trading opportunities. Nearly all of these charts have had follow through since their breakout, but I want to see additional strength on these daily charts before I attempt to buy a pullback.