Event: United Health (UNH) reports Q1 results tomorrow before the open. The options market is implying about 3.3% one day move. The April 17th $117 straddle (the call and the put premium) is offered at …
Continue readingUNH
A fortnight ago we considered portfolio protection using the SPY (read here). Since that time the S&P 500 is up about 2%, and once again threatening to make a new all time high, now just 1% …
Continue readingThe UNH chart is a great example of the importance of looking at multiple time frames. The short-term chart looks quite broken. The stock broke down below $70 support on huge volume after earnings: The …
Continue reading
While there has been a rotation from defensives to cyclicals in the past month, health care is still the best performing sector in the U.S. market this year (up about 22% when measured by XLV). …
Continue reading
Health insurance is not a glamorous business. It’s widely blamed, rarely praised, and viewed as a scourge on the American economy. It’s believed to drive up costs for all, and encourage suboptimal health outcomes at …
Continue readingHere’s a preview of what I’ll be discussing on Talking Numbers today between 3:20 and 3:30 pm EST on CNBC: Within health care, the managed care space is on fire today. (These days, health care …
Continue readingDan and I have been debating the merits of the Staples sector for the past week. Dan’s been harping on the recent weakness of some of the former darling safe haven names, like KO or …
Continue reading