Why the markets didn't react to Senate passing healthcare bill?

[crgarcia]

Healthcare bill comprises more than a Trillion $s.

Why the markets didn't react to it?
(either up or down)?

Maybe because everyone was focused on getting nice looking, yet cheap gifts?

 

[Random.Capital]

Quote from crgarcia:

Why the markets didn't react to it?

Perhaps because it had been in process for months and nobody was caught by surprise.

 

[DirkDigler]

Quote from crgarcia:

Healthcare bill comprises more than a Trillion $s.

Why the markets didn't react to it?
(either up or down)?

Maybe because everyone was focused on getting nice looking, yet cheap gifts?

Some might say that these stocks have reacted or have been reacting.
CNC, UNH, AGP, CI, HUM, WCG, HS, MOH, HNT, CVH, AET, WLP, MGLN, UAM

 

[stevegee58]

No surprise. Market already priced it in.
*yawn*

 

[PlusMinus]

Quote from stevegee58:

No surprise. Market already priced it in.
*yawn*

They priced in its passage perhaps, but they sure didn't price in its economic effects.

 

[stevegee58]

Quote from PlusMinus:

They priced in its passage perhaps, but they sure didn't price in its economic effects.

We won't know about that for decades.

 

[PlusMinus]

Quote from stevegee58:

We won't know about that for decades.

Sure we will. There are draconian rules in this bill that impact us immediately in the form of taxes in order to pay for some of the future benefits that kick in in 2013. These taxes will have effects that will drive markets in the near term.

 

[Random.Capital]

Quote from PlusMinus:

These taxes will have effects that will drive markets in the near term.

How lucky we at ET are to have as a poster the only person in the markets with enough insight to see this.

 

[wiesman02]

Quote from Random.Capital:

How lucky we at ET are to have as a poster the only person in the markets with enough insight to see this.

And to think he's wasting his talents daytrading. he could be doing much much more, LOL

 

[PlusMinus]

Quote from Random.Capital:

How lucky we at ET are to have as a poster the only person in the markets with enough insight to see this.

Of course I'm not the only person here who can see it, but it had to be said to the person who obviously missed this fact, and thought the ramifications of this bill wouldn't be obvious for as long as a decade.