This post was just published on ZYX Buy Change Alert.
Minutes after the last post on hospital stocks, the news broke that the Supreme Court will hear a new challenge to Obamacare subsidies. Hopefully the last post prepared you to start capturing the opportunity. Hospital stocks have dipped on the news. The two most attractive hospital stocks continue to be THC and CYH. As we stated in the last post the plan is to accumulate slowly on bad news. With this bad news, our models can provide better guidance.
Consider buying a 10% tranche in CYH in the zone of $46.32 to $47.78. … Please click here or the title below to read more.
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. )
October non-Farm Private Payrolls came at 209K vs. 230K consensus. For the last several years, such below consensus numbers have been treated positively by stocks, bonds, and gold. The reasoning has been that weaker numbers meant more QE. Now that the QE is over, we will be carefully observing the internals of various markets in the aftermath of this employment number.
Gold is staging a rally on the weak number.
This post was just published on ZYX Buy Change Alert.
THC and CYH are two major hospital chains. Hospital chains have been major beneficiaries of Obamacare. These two stocks have pulled back significantly due to the Republican victory. The conjecture is that Republicans will repeal Obamacare.
However, the evidence is that Republicans do not have a large enough majority to overcome an Obama veto. So Republicans will make a lot of noise but in the end Obamacare is here to stay. If Republicans win both Houses and the presidency in 2016, then theoretically they will be in a position to repeal Obamacare. … Please click here or the title below to read more.