Head Fake, The Healthcare Votes Gives The Markets A Lift (UNH, HUM)

Traders were caught off guard this morning as the futures were indicating -8 points on the S&P500. From the opening print on the markets ripped higher on what I believe is a well orchestrated short squeeze combined with the euphoria of an up market where buying highs is rewarded.

Wellpoint (NYSE: WLP) and United Healthcare (NYSE: UNH) opened higher today pulling on the index's, though both names as of 2 pm eastern are negative. This is a tell that the vote was priced in many weeks ago.

The Chicago Volatility index is up .04 as of 3 pm eastern, it was up as much as 1 point on the opening print.

WLP 52wk Range: 35.00 - 70.00
UNH 52wk Range: 19.85 - 36.07