Short Term Returns From UNH

Bought on October 28, 2009 at 26.11, UNH is up 4.04% for the day (at 29.66). Over a period of 6 weeks we realized a gain of 13.60%.
I say take these short term returns and cash in the profits.
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Results for "Stocks to Watch - November '09"

For the month of November, these stocks appeared to be poised for a good performance:


Stock Symbol------11/1/09--------------11/30/09

CEPH----------------54.58----------------54.95 (up .68%)
NOC-----------------50.13----------------54.80 (up 9.32%)
UNH-----------------25.95----------------28.67 (up 10.48%)


The average return for this month was 6.83%, not bad when you consider that the S&P 500 gained 5.74% for the same period of time. In any case, a very good month at the market.
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Stocks to Watch - November '09

Watch List for November '09

CEPH----54.58
NOC-----50.13
UNH-----25.95

These stocks should outperform the market provided the latest sell off is a temporary correction.
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UNH - A Health Care Play

Trying to figure out the future of health care in the U.S. is beyond me. I am not keen to the idea of politicians trying to fix anything, regardless of party affiliation. Hopefully, something good will come out of the proposals now on the table.

Meanwhile, many of the insurers, pharmas and health care facilities have been beaten down for the past two years. There is a chance that in the future their recovery will materialize.

Unitedhealth Group (UNH) is showing signs of life. UNH provides health care services in the United States.

Positives are:

•Fair chart pattern.
•Support at the 23.50 level.
•Average daily volume of over 12.5 million shares.
•Healthy fund ownership.
•Forward P/E ratio is at about 8.

Trading this morning at 26.11, I expect UNH to bounce up and cross the 50 dma (now at 27) in the next few weeks, if so, the next resistance level would be at 30.
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