“Providing” Value:

The healthcare provider ETF is an illiquid one, but one can gauge effectively from its PRICE action what is happening within. Like many funds, it is top heavy with the top three components in UNH CVS and ANTM making up nearly one half of it. The IHF is higher by almost 20% in the last one year period, and there is some interesting charts within its top ten. CVS for one has now completely recaptured the AMZN news punch it received back on 11/17. Monday recorded a bearish harami candle, which could see some mild softness the rest of the week, but as long as it remains above 68 remain bullish. TDOC is now grappling with the very round 200 number, and a downward sloping 50 day SMA, a line which it has been swimming beneath for 6 weeks. HUM is displaying some bifurcation down 14% from most recent 52 week highs, while peers UNH and ANTM are both 5% off from their recent annual peaks. 

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