The Home Stretch for Baby Boomers

Father Time always wins. 

Despite astonishing advances in the medical field with respect to managing chronic diseases and other discoveries related to longevity, Father Time and Mother Nature are in very little danger of being defeated, just yet. 

And with the Baby Boomer generation now reaching a certain age, we simply must hone in on stocks like Addus HomeCare. Although ADUS has been providing professional and reliable in-home care services for the elderly and indeed any persons with disabilities since 1979, the issue for us, once again, is the aging Baby Boomer population reaching that age where in-home care becomes a reality to be faced. 

ADUS, by most accounts, has market share for this segment and figures to benefit the most. 

On the daily timeframe, below, we can see Addus flagging tightly on light volume this week. I view any further strength above over $66 as a long trigger, going forward. 

Elsewhere, we have a mixed tape early on, but underlying strength in biotech and retail, and AMZN again, are giving bulls a familiar look of rotation to keep things afloat.