The Healthcare legislation was signed into law by President Obama on March 23rd 2010. XLV is an exchange traded fund that represents the healthcare sector in the S&P 500 index. Notice how this ETF starts to slide down on the very next day of the President signing the bill, but how it was rising prior to the signing of the bill - is this what they call "Pump and Dump".
While Ford holds its "Swap your Ride" sales event, Investors are not swapping this stock out of their portfolios. Notice how Ford is nicely supported above its 50 day moving average of price. The blue line represents the 50 day moving average of the stock price. Each time the stock dips to its 50 day moving average, investors are stepping in to send it ascending again.
OpenTable provides solution that forms an online network connecting reservation-taking restaurants and people who dine at those restaurants. Notice how investors are having "NO RESERVATIONS" about buying this stock and how it has kept abrest its 30 day moving average. The blue line below represents the 30 day moving average of the price of the stock. This stock has doubled since its debut in May 2009.
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Healthcare goes on a Diet
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Ford Investors enjoy a "Tough Ride"
Notice how Ford is nicely supported above its 50 day moving average of price. The blue line represents the 50 day moving average of the stock price. Each time the stock dips to its 50 day moving average, investors are stepping in to send it ascending again.
Disclosure: No Positions
No Reservations - Open Table
Disclosure: No Positions