Another Approach to Healthcare Reforn

• There was not much movement in the stock market on Friday. If you were buying options expecting the movement we had on Wednesday you would be disappointed. This often happens ahead of President Trump speaking.
• Healthcare and pharmaceutical companies were up to start the day on Friday. Trump spoke about reducing the cost of prescription drugs by eliminating the middle man along with allowing Medicare to be able to set price limits on medication. I have believed for a number of years that it is necessary to bring down the cost of Healthcare before providing it for all. I believe the health insurance companies like United Healthcare will continue to rise on the news and the drug companies will not fair as well.
• Tech companies cooled off on Friday after Nvidia mixed earning report on Thursday afternoon. Monday should resume the tech run by Amazon, Google, Netlix, Apple and Nvidia. Because these companies ran up so much over the past 2 weeks, Thursday and Friday was a pause in the market.
• Home Depot has been up for the past 2 weeks and they report earnings Tuesday morning before market open. I don't know that they will go up that much after the run it has been on. Walmart is almost opposite case of Home Depot. Walmart had a great 4th quarter earnings report but the market was expecting more online revenue growth which beat the stock down and Home Depot went down with it. Walmart closed some Sam's stores and is in the process of buying India's Flipkart which will hugely boost online business. Walmart has nowhere to go but up after they report earnings on Thursday.