Jan 27 Healthcare insurers take a big hit on lower Medicare payment increases

$MELI $RYAAY $UPS

Market

“India and European Union closed a landmark trade deal lowering tariffs for many autos, pharmaceutical and other products to 10% - 40%. The deal has been in the works for 20 years” 😊 😋

Tech and NASDAQ in particular was strong ahead of tech earnings

$UNH ( ▼ 19.61% )  $HUM ( ▼ 21.13% )  $CVS ( ▼ 14.15% ) and other medicare insurers lost between 15% to 20% of their market capitalization today as United alone lost 22% on news that Medicare payments for the year were going to increase 0.9% vs the 4%-5% expected.

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Today’s video is on Mecardo Libre $MELI ( ▲ 3.72% ) the Latin American eCommerce company.

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