Short Health Insurers

Probably going to say short everything soon, but there are potential double tops in this sector with the sector itself already rolling over in a broadening megaphone pattern. I included stocks with large weights in the sector even if their charts aren't terribly bearish.

Stock Screen Results: Biotech is Doomed

I went looking for stocks with new 52-week lows and some volume indicators. Ended up with a list of 10 stocks when I searched for double normal volume. These seven looked like the most interesting of the bunch. Biotech pops up several times and looks extremely ugly.

The Entire Health Insurance Sector Gets Blasted

Supposedly because of Humana's medicare advantage news, but the market ignored the drop until the noontime hour, when suddenly the whole sector started a vertical decline. My take: this is what the entire stock market will look like soon. This is panic reflective of the overall market's true psychology. Maybe Pelosi's gift (the ACA) of billions of dollars each year, ripped from middle class pocketbooks and the U.S. treasury, has run out. Bad news for the rest of the economy if USG is trimming subsidies for Medicare too, since it means the money printer may be dialing down.

Healthcare Targets

Found in the medical devices or healthcare provider ETFs. Might add some of these todayif the prices are right.

She's Out Back Counting Stars

11/6/2019: Maybe a shooting star...the whole sector of healthcare providers is worth getting acquainted with if only because it's likely the Democrat nominee in 2020 will cause at least one panic for the industry.

11/7/2019 Update: Looks like more room for a bullish thrust

She Thinks She Missed the Train to Mars

Supporting trendline from 2008 low.