More Portfolio Changes!

Introduction To start, I was not expecting to be this busy in back to back days.  I made more portfolio changes this month.  I highlighted the changes I made on the 27th – adding more Ameriprise and starting a position in Williams-Sonoma.  On Friday the 28th, much of the healthcare sector was in an uproar after McKesson (MCK) reported much lower profits than expected. So after reading their quarterly and…

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Huge Early Drop For Generic Healthcare Companies

Quick Look At Earnings There was a huge early drop for generic healthcare companies.  It took down McKesson (MCK), Cardinal Health (CAH) and AmerisourceBergen (ABC). Losers: OPXA -68%. STON -44%. SNMX -43%. CEMP -20%. MCK -17%. NVO -14%. ABC -13%. CAH -11%. GT -9%. TDOC -6%. ABBV -6%. AMZN-5%. I will keep an eye on this, I own Cardinal Health and they are due to report on Monday.  All three rank…

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