Market Update – Tone Improving After Mostly 1-Day Oversold Signal Yesterday
1:04 PM ET UnitedHealth’s (UNH -22%) drop after reporting earnings feels to me like we’re watching a key pivotal moment in market history, or at least this cycle’s. Before the open, UNH reported weaker-than-expected Q1 results and issued a significant downward revision to its full-year guidance, citing higher-than-expected Medicare needs. It may not have been…