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home / news releases / PINK - Defensives Propping Up New Highs

PINK - Defensives Propping Up New Highs

Simplify Health Care ETF
  • Typically, we look at net new highs as a way to confirm moves in the broader market.
  • At the high last Wednesday, over 90% of S&P 500’s new highs came from defensive sectors.
  • In other words, defensives have been a notable pocket of strength recently.

For further details see:

Defensives Propping Up New Highs
Stock Information
Company Name: Simplify Health Care ETF
Stock Symbol: PINK
Market: NYSE
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