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DRUG STORES Stocks Expected To Be Down After Top Correlated Stocks Fire Sell Signals.


Published on 2011-09-30 05:40:32 - WOPRAI
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September 30, 2011 / M2 PRESSWIRE / BUYINS.NET / http://www.squeezetrigger.com is monitoring the top most highly correlated DRUG STORES stocks and the majority have fired a Sell signal as of today. CHINA BCT PHARMA GROUP INC (OTCBB:CNBI), WALGREEN CO (NYSE:WAG), RITE AID CORP (NYSE:RAD), BIOSCRIP INC (NASDAQ:BIOS), PHARMERICA CORP (NYSE:PMC), CHINA NEPSTAR CHAIN DRUG-ADR (NYSE:NPD) are all expected to be Down as the top stocks in the sector have fired Sell signals. Group rotation is a phenomenon where institutions exert buying or selling pressure in an industry group, pushing prices of the group higher or higher relative to the general market. An industry can often lead or lag the market, and the most highly correlated stocks (mirror closest to the overall move in that group) usually move in unison. The technology used to make these predictions is available for a low monthly fee at http://www.squeezetrigger.com/services/strat/mh.php . The chart below displays the correlation, beta and relative strength of the top most highly correlated stocks in the highlighted industry group:

     Symbol     Company                             Correlation     Beta        RelStr      Sector 
     CNBI       CHINA BCT PHARMA GROUP INC          0.13            1.73        1.09        DRUG STORES
     WAG        WALGREEN CO                         0.87            1.34        0.96        DRUG STORES
     RAD        RITE AID CORP                       0.18            1.28        0.95        DRUG STORES
     BIOS       BIOSCRIP INC                        0.43            1.09        1.09        DRUG STORES
     PMC        PHARMERICA CORP                     0.39            0.36        1.03        DRUG STORES
     NPD        CHINA NEPSTAR CHAIN DRUG-ADR        0.34            1.01        0.92        DRUG STORES
We automatically calculate correlation to help find the stocks that most closely match their groups movement and generate powerful group consensus trading signals to profit from the herd mentality. When multiple stocks in a group turn at the same time and the rotation of that group is confirmed, an explosive move typically occurs. Correlation measures the tendency for a symbol to move in unison with the group, beta measures the amount the symbol is expected to move relative to the group and relative strength looks back at the recent past to show how the stock has been moving relative to the group.

CHINA BCT PHARMA GROUP INC (OTCBB:CNBI) - China BCT Pharmacy Group, Inc. engages in pharmaceutical distribution, retail pharmacy, and manufacture of pharmaceuticals and medical-related products primarily in the Peoples Republic of China. It distributes pharmaceutical and healthcare products, including branded and generic prescription medicines, over-the counter medicines, and Western and Chinese medicines, as well as personal care products and medical supplies, Chinese herbs, and medical instruments to hospitals, retail drug stores, other pharmaceutical wholesalers, clinics, medical centers, and individuals located primarily in the Guangxi Province. As of March 31, 2010, the company operated 96 directly owned retail stores in Guangxi province under the name Baicaotang. Its retail stores provide convenient and professional pharmaceutical services, and supply a range of medicines for selling prescription medicines, over-the-counter medicines, Chinese herbal medicine, roughly processed Chinese herbal medicine, family planning products, and other pharmaceutical products and healthcare products. The company also produces and sells pharmaceutical products under the name Asio in anti-inflammatory and antibacterial drugs, cancer treatment drugs, cardio-vascular disease drugs, and hepatitis drugs. Its products include Tabellae Sarcandrae, Corydalis Saxicola Bunting, Hydroxycamptotbecine Injection, Yinge Tongmai Tea, and Levodopa. China BCT Pharmacy Group, Inc. is based in Liuzhou City, the Peoples Republic of China.

WALGREEN CO (NYSE:WAG) - Walgreen Co., together with its subsidiaries, engages in the operation of a chain of drugstores in the United States. The companys drugstores sell prescription and non-prescription drugs, and general merchandise. Its general merchandise comprises household products, convenience foods, and seasonal items, as well as personal care, beauty care, candy, and photofinishing products. The company offers its products and services through drugstores, as well as through mail, telephone, and the Internet. As of December 17, 2010, it operated 7,650 drugstores in 50 states, the District of Columbia, and Puerto Rico. The company also owns 37 strip shopping malls. Walgreen Co. was founded in 1901 and is based in Deerfield, Illinois.

RITE AID CORP (NYSE:RAD) - Rite Aid Corporation, through its subsidiaries, operates retail drugstores in the United States. The companys drugstores primarily offer pharmacy services. It provides prescription drugs and front end products, which include over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, beverages, convenience foods, greeting cards, seasonal merchandise, and various other everyday and convenience products, as well as photo processing products. The company sells its products under the Rite Aid brand. It offers its products to customers covered by third party payors, such as insurance companies, prescription benefit management companies, government agencies, private employers or other managed care providers. As of February 27, 2010, the company operated 4,780 retail drugstores in 31 states, as well as in the District of Columbia. It has a strategic alliance with GNC to operate GNC stores within Rite Aid stores. The company was founded in 1927 and is headquartered in Camp Hill, Pennsylvania.

BIOSCRIP INC (NASDAQ:BIOS) - BioScrip, Inc., a specialty pharmaceutical healthcare organization, provides medications and management solutions for chronic and other healthcare conditions in the United States. It operates through two segments, Specialty Pharmacy Services and Traditional Pharmacy Services. The Specialty Pharmacy Services segment provides specialty pharmacy distribution and therapy management services. Specialty pharmacy services distribution occurs locally through community pharmacies, centrally through mail order facilities, and through its infusion pharmacies for patients requiring infused medications in the home or infused at various sites, including the companys ambulatory infusion sites. As of December 31, 2009, it owned and operated 43 specialty pharmacies comprising community, mail order, and infusion pharmacies. This segment primarily focuses on serving patient populations with chronic health conditions, including psoriasis; growth hormones, thyroid cancer; sickle cell anemia/thalassemia, myelodysplastic syndromes, and bleeding disorders/hemophilia; multiple sclerosis and neuropathies; in office infusions and oral oncolytics; rheumatoid arthritis, osteoarthritis, and osteoporosis; solid organ and bone marrow transplant; and HIV/AIDS, hepatitis, and respiratory syncytial virus. The Traditional Pharmacy Services segment consists of traditional mail service pharmacy fulfillment, prescription discount card programs, and pharmacy benefit management services. This segment offers clinical, formulary, benefit design, drug usage evaluation, pharmacy data, and mail order pharmacy dispensing services; and discount prescription card programs. The company distributes pharmaceuticals, and provides clinically focused case and disease management programs to healthcare payors, including managed care organizations, government-funded and/or operated programs, third party administrators, and self-funded employer groups. BioScrip, Inc. was founded in 1993 and is based in Elmsford, New York.

PHARMERICA CORP (NYSE:PMC) - PharMerica Corporation operates as an institutional pharmacy services company in the United States. It offers services to healthcare facilities and provides management pharmacy services to hospitals. The company purchases, repackages, and dispenses prescription and non-prescription pharmaceuticals in accordance with physician orders and delivers such medication to healthcare facilities for administration to individual patients and residents. PharMerica Corporation also provides pharmacy products and services to residents and patients in skilled nursing facilities, assisted living facilities, hospitals, and other long-term alternative care settings. In addition, it offers consultant pharmacist services for customers to comply with the federal and state regulations applicable to nursing homes. Further, the company offers various ancillary services, such as infusion therapy products and services; and hospital pharmacy management services, including hospital pharmacy operations, regulatory and financial management services, and clinical pharmacy programs to various hospitals. As of December 31, 2009, it operated 98 institutional pharmacies in 41 states and provided pharmacy management services to 86 hospitals. The company is headquartered in Louisville, Kentucky. PharMerica Corporation (NYSE: PMC) operates independently of Kindred Healthcare Inc. and Amerisourcebergen Corp. as of August 1, 2007.

CHINA NEPSTAR CHAIN DRUG-ADR (NYSE:NPD) - China Nepstar Chain Drugstore Ltd. operates retail drugstores in the Peoples Republic of China. The companys drugstores provide pharmacy services and other merchandise, including prescription drugs; over-the-counter drugs; nutritional supplements, such as healthcare supplements, vitamins, minerals, and dietary products; herbal products, including drinkable herbal remedies and packages of assorted herbs for making soup; and private label products. Its stores also offer personal care products, such as skin care, hair care, and beauty products; family care products, including portable medical devices for family use, birth control products, and early pregnancy test products; and convenience products, such as soft drinks, packaged snacks, other consumables, cleaning agents, and stationeries, as well as seasonal and promotional items. The company operates its stores under the China Nepstar brand name. As of December 31, 2009, its store network comprised 2,479 retail drugstores located in approximately 71 cities in Guangdong, Jiangsu, Zhejiang, Liaoning, Shandong, Hunan, Fujian, Sichuan, and Hubei provinces, as well as in Shanghai, Tianjin, and Beijing municipalities of the Peoples Republic of China. The company was founded in 1995 and is headquartered in Shenzhen, the Peoples Republic of China.

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