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Super Tuesday Results Spark Life To The Largest Health Care ETF
Wednesday, March 4, 2020 - 2:50pm | 497Some votes are still being counted, but one thing is clear: Super Tuesday provided banner results for former U.S. Vice President Joe Biden's hopes of securing the Democratic presidential nomination. In some prediction markets, Biden's odds have vaulted as high as 85% compared to a meager 10...
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This ETF Has A Clean Bill Of Health For Now
Tuesday, December 17, 2019 - 10:40am | 582The iShares U.S. Healthcare Providers ETF (NYSE: IHF) has shaken out its politically-induced doldrums experienced earlier this year, rallying 30.44% off its 52-week low to cobble together a year-to-date gain of almost 18%. Some analysts believe managed care and health insurance providers, including...
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Health Care ETFs Are Breaking Out, But Political Risks Linger In 2020
Wednesday, November 27, 2019 - 10:35am | 550The health care sector has shed its laggard ways as highlighted by the Health Care Select Sector SPDR (NYSE: XLV). The largest exchange traded fund dedicated to the S&P 500's second-largest sector weight is up nearly 7% this month and is flirting with a year-to-date gain of 15%. While...
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Why Mark Cuban, Bill Gates And Leon Cooperman Object To Elizabeth Warren's Wealth Tax Proposal
Tuesday, November 12, 2019 - 5:11pm | 896Elizabeth Warren's plan for a 2% tax on wealth over $50 billion is unworkable, over-reaching, and morally wrong, if you listen to a trio of people who'd have to pay it. Warren has proposed paying for a Medicare for All health care system by putting a 2% tax on wealth over $50 billion and an...
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What You Need To Know About Elizabeth Warren's Plan To Pay For 'Medicare For All'
Friday, November 1, 2019 - 4:59pm | 397Democratic presidential candidate Sen. Elizabeth Warren proposed Friday to pay for a "Medicare for All" health care system without raising taxes on most people. Warren said she could raise more than $20 trillion over a decade for the system through charges levied on large employers, a...
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Time For A Checkup On This Health Care ETF
Friday, October 4, 2019 - 8:00am | 440The Health Care Select Sector SPDR (NYSE: XLV), the largest health care exchange traded fund by assets, is up a piddly 2.58% year to date. Said differently, the SPDR S&P 500 ETF (NYSE: SPY) is beating XLV by a margin of about 7-to-1. Whether it has been the Medicare For All debate or the push...
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More Problems Emerge For This Health Care ETF
Tuesday, August 27, 2019 - 7:41am | 535The iShares U.S. Healthcare Providers ETF (NYSE: IHF) has spent plenty of time in the spotlight this year and for all the wrong, though easy to explain reasons. What Happened Somehow, IHF is clinging to a modest year-to-date gain, but that 1.43% uptick is less than half the S&P 500 Health Care...
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It's Still All About Politics For This ETF
Tuesday, August 20, 2019 - 9:19am | 553The health care sector and the related exchange traded funds have been mired in political controversy this year and that is particularly true of health care services providers. What Happened As has been widely noted, Dow component UnitedHealth (NYSE: UNH) and the iShares U.S. Healthcare Providers...
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It Could Be A While Before This ETF Really Bounces Back
Friday, August 9, 2019 - 2:45pm | 526Plenty of health care exchange traded funds can be dubbed disappointing this year. The iShares U.S. Healthcare Providers ETF (NYSE: IHF) is one fund that belongs in that group. What Happened While IHF's year-to-date gain of 5.88% is tepid at best, the fund's lethargy is not its fault....