Sick of saying this, but no stock picks today – I really don’t see any values outside of the Gilead Sciences trades I already have in place. Hopefully September brings in a nice fat correction – so we can start making picks of undervalued companies again. It should be pointed out that September is traditionally the worst Month of the Year for Equities.
Speaking of getting sick – Healthcare in this country is going to be even more expensive in 2017. Even Slate Magazine is now admitting the short comings of Obamacare:
- Slate – How the Democrats Are Failing Obamacare
- Slate – Why Isn’t Obamacare Working the Way It Should?
Of course, being a progressive magazine – the solution pushed in both articles is a public option – an idea that is totally discredited in this Bloomberg article:
Bottom line – costs for Healthcare are going up dramatically in 2017 – Obamacare is not working – and neither party has a solution. So – time to get in shape!
https://www.youtube.com/watch?v=rwAwuhvhLPU
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