Tuesday, January 30, 2018 11:50:13 AM
This morning, almost every leading health care stock is coming under major selling pressure. The weakness in the health care stocks comes after an announcement was made by Amazon.com (NASDAQ:AMZN) boss Jeff Bezos, Berkshire Hathaway (NYSE:BRK.a) boss Warren Buffett and JPMorgan Chase (NYSE:JPM) Chairman Jamie Dimon announced Tuesday morning that they are "partnering on ways to address healthcare for their U.S. employees, with the aim of improving employee satisfaction and reducing costs." Leading health care stocks such as UnitedHealth (NYSE:UNH), Aetna (NYSE:AET), Cigna Corp (NYSE:CI), Humana Inc (NYSE:HUM), Express Scripts Holdings Co (NASDAQ:ESRX), CVS Health (NYSECVS), and others are tumbling on the announcement.
As a trader we must look at this decline in the health care stocks as a trading opportunity. Cignal Corp (CI) is an equity that is now on my radar. The daily chart is showing very good support around the $205.00 level. This is where the stock formed a solid chart base in late December before breaking out to new highs. Often, a retest of this area will lead to a solid bounce for the stock. I will be finding more levels for other health care stocks in the coming days, but Cigna Corp (CI) is one stock that has caught my eye right now.
Nicholas Santiago
InTheMoneyStocks
Recent CI News
- The Cigna Group Reports Strong First Quarter 2024 Results, Raises 2024 Outlook • PR Newswire (US) • 05/02/2024 10:00:00 AM
- Anglo American Rejects BHP Group’s Offer, Toyota Invests $1.4 Billion in Indiana, and More News • IH Market News • 04/26/2024 11:48:07 AM
- New Report: Employers Play Critical Role in Curbing Today's Youth Mental Health Crisis • PR Newswire (US) • 04/26/2024 11:00:00 AM
- Evernorth announces Humira biosimilar available at $0 out of pocket for Accredo patients in June • PR Newswire (US) • 04/25/2024 08:30:00 PM
- AM Best Affirms Credit Ratings of The Cigna Group and Its Subsidiaries • Business Wire • 04/25/2024 03:50:00 PM
- The Cigna Group Declares Quarterly Dividend • PR Newswire (US) • 04/24/2024 08:30:00 PM
- The Cigna Group Announces Appearance at the BofA Securities 2024 Health Care Conference • PR Newswire (US) • 04/23/2024 01:00:00 PM
- The Cigna Group Foundation Announces New Grant Program To Address Youth Mental Health Crisis • PR Newswire (US) • 04/18/2024 11:00:00 AM
- The Cigna Group's First Quarter 2024 Earnings Release Details • PR Newswire (US) • 04/11/2024 01:00:00 PM
- The Cigna Group Named Among Best Employers for Health and Well-Being • PR Newswire (US) • 04/09/2024 05:16:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/07/2024 11:55:12 AM
- The Cigna Group Raises Long-Term Growth Target, and Launches New Innovative Solutions at 2024 Investor Day • PR Newswire (US) • 03/07/2024 11:45:00 AM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 02/29/2024 07:48:05 PM
- The Cigna Group Announces Appearance at Barclays 26th Annual Global Healthcare Conference • PR Newswire (US) • 02/27/2024 02:00:00 PM
- The Cigna Group Announces Pricing Terms of Tender Offers • PR Newswire (US) • 02/20/2024 09:30:00 PM
- The Cigna Group Announces Early Results of Tender Offers and Upsize of Maximum Tender Offer • PR Newswire (US) • 02/20/2024 12:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/15/2024 11:16:03 AM
- The Cigna Group Announces $3.2 Billion Accelerated Stock Repurchase • PR Newswire (US) • 02/15/2024 11:00:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/13/2024 09:06:45 PM
- Cigna Healthcare and HelloFresh Team Up To Expand Access to Affordable, Healthy Meal Choices • PR Newswire (US) • 02/13/2024 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/07/2024 01:27:39 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 02/07/2024 01:13:57 PM
- SEVENTH ANNUAL "VINCENT COUNTRY SAFE ZONE ACTIVITY DAY" THEMED DREAM BIGGER, ACHIEVE GREATER HELD AT MATT KELLY ELEMENTARY DURING SUPER BOWL LVIII WEEK IN LAS VEGAS, NV • PR Newswire (US) • 02/06/2024 07:00:00 PM
- The Cigna Group Named No. 6 Among Best Corporate Citizens by JUST Capital and CNBC • PR Newswire (US) • 02/05/2024 06:00:00 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 02/05/2024 01:18:24 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM