All things STOCKS

bignewt

VN's Resident Windbag
Lab Rat
Joined
Aug 13, 2007
Messages
21,800
Likes
25,955
Well everything was going great till our commander in chief got on TV and opened his mouth...market tanking for the second day.
 

Vol8188

revolUTion in the air!
Joined
Mar 19, 2011
Messages
26,736
Likes
14,346
My account is up. Ari and BTI have both been doing great for me. I’m sure my retirement account is down though because I just use an s&p 500 index fund for it
 

1972 Grad

Well-Known Member
Joined
Oct 29, 2012
Messages
29,588
Likes
26,811
Coincidence? I think not.
It has to do with the new higher China tariffs set to take effect on March 1, and people expecting Trump to meet Xi after his meeting with Kim in Vietnam at the end of Feb. , and Kudlow saying he didn't expect a meeting between Trump and Xi before the March 1 deadline. The market was expecting a deal before then, and it's apparently not going to happen.
 

GoVolsDR

Well-Known Member
Joined
Apr 11, 2018
Messages
885
Likes
949
Big news in the healthcare space today. Centene announced that they've bought WellCare Health Plans in a $13.5 billion cash and stock deal. This trend of consolidation that you've seen in healthcare will only continue, and you know have the largest government health insurance provide in the US via Centene.

I've talked a lot about CVS and Walgreens, and their relationships with Aetna and Humana respectively. Humana especially seems to be lagging behind their competitors. Just speaking anecdotally, I was at a large value based healthcare conference in Nashville last week, and we saw large national health plans like Blue Cross Blue Shield plans, United/Optum, Cigna, but I didn't see anyone from Humana which was really surprising to me. Plus Centene will most likely move the WellCare pharmacy business away from CVS to their own PBM platform. Very interesting development in the payer space, and WellCare shareholders had a great day yesterday.
 

GoVolsDR

Well-Known Member
Joined
Apr 11, 2018
Messages
885
Likes
949
There's a trading opportunity both ways. I'd short it, but I'd imagine a short this soon after the IPO, borrowing shares might be a little pricey. Under their current business model, Uber will continue to haemorrhage cash.

They need an inflection point, and have been searching for one in their ill-fated pipedream of autonomous vehicles. Now if they in fact are considering going the FB route and selling user data to become an ad platform much like FB, that would be a much more interesting business to look at.
 

VN Store



Sponsors
 

Top