Swing Trading
 
 
Market Review December 21, 2009     
 
Senate voted to advance the healthcare legislation so that hopefully it will be approved by Christmas, healthcare shares rose sending stocks on a rally. Morgan Stanley Healthcare Payors Index was up 2.9% to 1,517, the index is up 13% for the month and 31% for the quarter. Humana rose 3.4% to $45.01, and Aetna rose 4.5% to $33.98, UnitedHealth rose 1.7% to $32.07. Dow Jones Industrial Average rose 85 points, the Nasdaq Composite Index rose 25 points and the Standard and Poor’s 500 Index rose 11 points. Bond prices fell, the yield on the benchmark 10-year note rose to 3.68 from 3.54 Friday. Commodities fell, gold fell $15.50 to $1,096.00 and crude oil fell $0.89 to $72.47.

Free Daily Stock Picks activity and results for December 21, 2009:

CAG - position entry at 23.07, Stop hit for a loss of 1.00 point
NWSA - position entry at 13.49, 1st Target Level hit for a gain of 0.34 points
DM - position entry at 10.65, 3rd Target Level hit for a gain of 0.53 points
NGLS - position entry at 22.98, EOD price hit for a loss of 0.67 points

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