Market Update: Quadruple Witching…

Quadruple Witching today, the Third Friday of the month, on which contracts for stock index futures, stock index options, stock options and single stock futures are all expiring…we usually see good volume and an up day…

An hour to the close and markets are mixed…

DOW down 37 to 8518

S & P flat at 918

NAS up 14.47 to 1822..

Gold flat at 935.20, rest of precious metals are flat to down slightly..

Oil down, yay!, down 1.74 to 69.63

HEALTH CARE SECTOR of all things is what is pulling us up, LOL! Thiss off rumors the Senate is pulling the public option off the table…call Critters anyway, could be a head fake….

Via CNBC health care stock recovery  in past 4 days:

Cigna up 22%

HealthNet up 19%

Coventry up 18%

Aetna up 15%

Humana up 13%

UnitedHealth up 10%

*Eagles courtesy of rebelyeller987

June 19, 2009. Tags: Economy, health care stocks, Obama Health care plan, The Eagles, Wall St. Entertainment, Finance. Comments off.