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Posts: 2,074
Location: 17 Oaks Ranch Tx
Joined: 12/20/12
Gender: Male
04/16/19 at 13:40:06
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This is a market report I subscribe to.  The Take Away is if a Bernie or worse win the market could lose as much as 10,000 points or more.

I will prob cash out of the market completely fairly soon.  I think there is a run up right now and by summer it will be gone, Wall Street (in spite of how liberal they are) knows they will.  Socialism and free markets do not work very well together...

"Healthcare Destabilization

By &*__**(_(* , CEO & Principal Analyst
4/16/2019 1:17 PM

Although it was unlikely the major indices would hit new highs today, the market surged out of the gate and then stumbled, as one of the biggest positive news stories became the biggest losing story and a sober reminder of what’s at stake in the next presidential election.

Bernie Sanders could become President of the United States.  I’ve already written that Bernie is the only candidate Wall Street is taking seriously.  When Bernie Sanders unveiled "Medicare for All" plan on April 10, shares of UnitedHealth Group (UNH) were $248.78.

This morning's share price bounce on its earnings beat, sending the stock to $238 a share, +$8.00, before fading on comments from CEO David Wichmann who warned “Medicare for All” would “destabilize the nation’s health system.”

His comments are also sending shares of others in the Healthcare Insurance industry:

HCA -7.0%
HUM -6.9%
ANTM -6.1%
CI -5.1%
UNH -3.0%"


Don:  Got here thru God, Guns and Guts, I speak John Wayne, Johnny Cash and John Deere; this make ME: Christian, Conservative, Capitalist, Constitutionalist...any questions?
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