Monday, July 15, 2019 12:34:19 PM
In 2019, all of the leading managed health care stocks have been very volatile. Political pressure from both sides of the aisle have been the catalyst for the excessive whipsaw in this industry group. Stocks such as Humana Inc (NYSE:HUM), Cigna Corp (NYSE:CI), UnitedHealth Group Inc (NYSE:UNH) and others have been very susceptible to political news on a daily basis. Last week, the sector rallied sharply higher after the White House abandoned its plan to eliminate rebates from government drug plans. Unfortunately, these stocks are pulling back today after Presidential candidate Joe Biden proposes a public option for health insurance for anyone who wants it and will give power to Medicare to negotiate drug prices.
Last week, the managed health care stocks all broke out on a technical basis. Humana Inc (NYSE:HUM) is one stock that should have more upside despite today's pullback. Today, HUM stock is falling by $4.48 to $286.77 a share. Traders and investors should now watch and see if this stock can consolidate on the charts as last week's break-out pattern suggests a move back up to the $310.00 level. This major resistance level is where the stock sold off in late February 2019. I will be be keeping this leading heath care stock on my radar for a bullish pattern development.
Nick Santiago
InTheMoneyStocks
Recent HUM News
- Texas A&M University Mays Business School and Humana Launch Annual Nationwide Healthcare Analytics Case Competition • Business Wire • 09/19/2024 03:00:00 PM
- Humana Earns 2024 Great Place To Work Certification • Business Wire • 09/19/2024 02:10:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/04/2024 02:22:05 PM
- New Study from Humana Healthcare Research and Harvard University Reveals Better Access to Primary Care for Seniors Receiving Care from Senior-Focused Primary Care Organizations • Business Wire • 09/04/2024 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/03/2024 11:27:27 AM
- Humana and Evergreen Nephrology Introduce New Specialized Care Program for Patients Living with Kidney Disease • Business Wire • 08/29/2024 02:05:00 PM
- CenterWell Home Health Launches 20th Food Fundraising Drive • Business Wire • 08/28/2024 02:00:00 PM
- PEOPLE Magazine Recognizes Humana as one of the Top “100 Companies That Care” • Business Wire • 08/22/2024 02:13:00 PM
- Humana Inc. to Present at 2024 Wells Fargo Healthcare Conference • Business Wire • 08/19/2024 08:15:00 PM
- Inaugural Humana Community Day Promotes Health Benefits of Volunteerism • Business Wire • 08/19/2024 01:00:00 PM
- Humana Announces New Veteran Hiring Strategy and Recognition as Top Veteran-Friendly Company • Business Wire • 08/16/2024 01:30:00 PM
- Humana Board Declares Payment of Quarterly Dividend to Stockholders • Business Wire • 08/15/2024 10:30:00 AM
- CarePlus Launches User-friendly Community Navigator to Help Expand Access to Essential Resources in Florida • Business Wire • 08/08/2024 01:40:00 PM
- The Trust for the National Mall and Humana Announce New Programming and Advance Court Reservation Sign-up Date for National Mall of Pickleball 2024 • Business Wire • 08/08/2024 12:00:00 PM
- Humana Foundation Announces 2024 Scholarship Awards • Business Wire • 08/07/2024 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/02/2024 10:49:17 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/02/2024 09:03:26 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/31/2024 06:08:48 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/31/2024 10:41:24 AM
- Humana Reports Second Quarter 2024 Financial Results; Affirms Full Year Adjusted 2024 Financial Guidance • Business Wire • 07/31/2024 10:30:00 AM
- US Index Futures Up Ahead of Fed Decision; Oil Prices Surge Amid Middle East Tensions • IH Market News • 07/31/2024 10:01:30 AM
- Humana and Google Expand Partnership to Help Reduce Cost of Care and Improve Member Experiences • Business Wire • 07/25/2024 12:00:00 PM
- Humana Inc. Class Action: The Gross Law Firm Reminds Humana Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of August 2, 2024 - HUM • PR Newswire (US) • 07/25/2024 09:45:00 AM
- Humana Healthy Horizons Commits to Increasing Healthcare Access for Oklahomans • Business Wire • 07/24/2024 02:20:00 PM
- CenterWell Announces Plans to Open 23 Senior Primary Care Centers at Walmart Locations in Florida, Georgia, Missouri and Texas • Business Wire • 07/24/2024 12:00:00 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM