Eat My Shorts, Wall Street! UnitedHealth's Wild Ride!

Uh Oh! UnitedHealth Gets a Beating

Ay caramba! So like UnitedHealth (UNH) stock got totally pantsed recently. Down almost 50%! That's like Milhouse losing his glasses and his lunch money TWICE! Apparently some 'news driven gaps down' happened whatever that means. Even I know that's not good. It's even worse than when Bartman dropped that ball! Long term support near $447? Gone! Poof! Like my chances of ever getting a good grade. This is gonna sting!

Possible Rebound? Don't Have a Cow Man!

But wait! Before you start blaming everything on Comic Book Guy there's hope! Apparently this UNH stock is like me after detention – ready to cause some trouble... I mean rebound! Some fancy indicators like these DeMARK thingamajigs say it's 'oversold.' Translation: it's due for a comeback baby! Though if I were a shareholder I might take this opportunity to sell. Just sayin'.

Healthcare Sector Blues – Itchy and Scratchy Style!

Turns out UNH isn't the only one feeling the pinch. The whole healthcare sector is like Springfield – full of problems! Big shots like Amgen (AMGN) Eli Lilly & Co. (LLY) and even Johnson & Johnson (JNJ) are having a bad time. It's like when Mr. Burns tries to be nice – it just never works out!

Amgen's at the Bottom of the Barrel

Amgen though is extra pathetic. It's like when I got detention for pranking Skinner with a bullhorn during a school assembly. It's back to its long term support area near $260. Apparently even Amgen is getting a four week stabilization period which should help it perform better. I bet Millhouse is jealous.

Defensive Properties Huh?

But here's the kicker these healthcare stocks are supposed to be 'defensive.' Like Lisa's saxophone skills warding off boredom. So if the market tanks even more they should do better. Maybe. Or maybe not. I wouldn't bet my skateboard on it.

Caveat Emptor Dudes!

So there you have it. UNH's stock is like a rollercoaster – down now maybe up later. But remember I'm just a ten year old cartoon character not a financial advisor. Don't blame me if you lose your shirt! Doh! And always remember these opinions are solely those of the CNBC Pro contributors and not of CNBC NBC Universal or any of their affiliates and they may have been previously disseminated by them on television radio internet or another medium. The views expressed herein are solely those of the author. This material should not be construed as a recommendation or advice or an offer or solicitation with respect to the purchase or sale of any investment. The information is not intended to provide a basis on which you could make an investment decision on any particular security or its issuer. This document is intended for CNBC Pro subscribers only and is not for distribution to the general public. Certain information has been provided by and/or is based on third party sources and although such information is believed to be reliable no representation is made with respect to the accuracy completeness or timeliness of such information. This information may be subject to change without notice. Fairlead Strategies undertakes no obligation to maintain or update this material based on subsequent information and events or to provide you with any additional or supplemental information or any update to or correction of the information contained herein. Fairlead Strategies its officers employees affiliates and partners shall not be liable to any person in any way whatsoever for any losses costs or claims for your reliance on this material. Nothing herein is or shall be relied on as a promise or representation as to future performance. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. Opinions expressed in this material may differ or be contrary to opinions expressed or actions taken by Fairlead Strategies or its affiliates or their respective officers directors or employees. In addition any opinions and assumptions expressed herein are made as of the date of this communication and are subject to change and/or withdrawal without notice. Fairlead Strategies or its affiliates may have positions in financial instruments mentioned may have acquired such positions at prices no longer available and may have interests different from or adverse to your interests or inconsistent with the advice herein. Any investments made are made under the same terms as nonaffiliated investors and do not constitute a controlling interest. No liability is accepted by Fairlead Strategies its officers employees affiliates or partners for any losses that may arise from any use of the information contained herein. Any financial instruments mentioned herein are speculative in nature and may involve risk to principal and interest. Any prices or levels shown are either historical or purely indicative. This material does not take into account the particular investment objectives or financial circumstances objectives or needs of any specific investor and are not intended as recommendations of particular securities investment products or other financial products or strategies to particular clients. Securities investment products other financial products or strategies discussed herein may not be suitable for all investors. The recipient of this information must make its own independent decisions regarding any securities investment products or other financial products mentioned herein. The material should not be provided to any person in a jurisdiction where its provision or use would be contrary to local laws rules or regulations. This material is not to be reproduced or redistributed absent the written consent of Fairlead Strategies.