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The free press that the progressive push for Medicare got on Tuesday morning is hurting the healthcare sector.
It becomes difficult to own for anything other than a trade, managed care stocks and those that most benefit from Medicare expansion.
These big stocks are teetering on the edge of breakdown territory.
S&P Capital IQ has identified several potential stock losers for 2017 if Obamacare is repealed, including Tenet Healthcare and HCA Holdings.
Caution, have a plan to exit WWAV if it breaks support.
Questions still remain after the late-August swoon.
Its chart tells us that it's positioned to catch up to its peers.
Stuart Sweet, Pres., Capitol Analysts examines short and long term affects of the fiscal cliff and debt ceiling.