McKesson Corporation (NYSE:MCK)
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- ReneeH: $MCK more value play nice move out of base
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StockMarketMentor: ...
Going forward, I'll be looking at some healthcare stocks like $MCK and $DGX, both of which have some strong uptrends. One name that some of you are familiar with is Cal-Maine Foods ( $CALM). The stock is in a steady uptrend, and it sports a divide ... - woodman: @DavidK $LLY - Something that could come from this, and it would be a good thing for consumers, IMO, is transparency in drug pricing and, particularly, exposing the drug pushers - $MCK $CAH, et al. - and get them to bring down their take. I say that even as I own some $MCK.
- DavidK: @woodman $LLY $MCK $CAH the big issue being brought up is the exorbitant cost for the exact same drug in the USA as opposed to other countries . He mention Ozempic. which is a $NVO drug .
- woodman: @DavidK $LLY $MCK $CAH $NVO - Bringing down the price of GLP-1s would be a huge victory for consumers. The more testing they do and the more data that come in on them, the more they are finding these to be wonder drugs with so many benefits - not just weight loss itself. $LLY's Zepbound (aka Mounjaro for diabetes), which is superior to $NOV's Wegovy (aka Ozempic for diabetes) is currently $449 per month for private pay without insurance coverage for 5mg, which is on the low end of the dosing (it starts at 2.5mg, which is meant as a starter from which to move up) and goes to 15mg. Insurance doesn't cover it for the great majority of consumers.
- joelsg1: @woodman $LLY $MCK $CAH $NVO $NOV Interesting that now the GLP-1 stocks have reversed and moved higher. Maybe they know this executive order lacks teeth, or that they'll make it back with volume, $AMGN, $LLY and $HIMS.
- woodman: @woodman $LLY $MCK $CAH $NVO $NOV - EDIT: Zepbound is $499 (not $449) per month for the 5 mg dose via LillyDirect Self Pay Program.
- joelsg1: @woodman $LLY $MCK $CAH $NVO $NOV Or duct tape mouth when hungry, much cheaper :)
- woodman: @joelsg1 $LLY $MCK $CAH $NVO $NOV - For some, yes. For others, they simply can't lose the weight despite working out, maintaining good nutrition, and not over-eating. Plus, like I said, there are so many additional health benefits to taking the drug.
- woodman: $CAH (np) and $MCK (long) continue to work. MCK isn't anything wild and crazy, but just slowly chugs along higher. It reports 5/8. CAH had a wild day when it reported bmo on 5/1, but it resolved strongly upward.
- woodman: $CAH $MCK - continue to work.
- woodman: $CAH $MCK - the "drug pushers" are doing nicely both on the daily and weekly charts.
- scottrades: My notes: $SPY First time at the 200 since March $QQQ In the channel $UUP Tame along the 8EMA $TNX Still in an uptrend $GLD The Monthly is money $GDX Watch for consolidation next week $XLE Back to support $GBTC Working $ETHE Touched resistance $TSLA At the 200 Day $GOOGL Breaking $META looks the same $COIN Under the 50 Day $TDW Holding the 21 EMA $FRO In an uptrend $PUMP Watch 11 $PDD Flag. China Stock $MCK Above the 21 EMA $CCJ Above the 50 Day $UEC Flag $NXE Near the 50, in a good group
- oldtimer: using @Dan simple formula on TC2000 of above the 200ma, above the 50ma above the 21ma and above the 8ma in the Nasdaq 100 there are three stocks . .$ATVI, $AMGN, $SGEN per my screen. the DOW has one $AMGN, S&P has 16. $PKG, $WDC,$AIZ, $CF, $CBOE, $MOH, $MCK, $TXT, $WRK, $HAL, $ACGL, $XOM, $PSX, $ATVI, $AMGN, $REGN Slim Pickings
- camaro69: $MCK ATH np I usually get stopped out on this one.
- joelsg1: $BFLY Down 9% today and Speculative for sure, and under the 200d at $2.58 where nothing good happens, but I thought the E call was fine, new CEO in charge, distribution deal with $MCK will boost sales of their device and appears to open source the associated software. Few analysts cover, Opp. at $3.75 and B. Riley $4 targets. Tiny add.
- scottrades: $MCK Earnings August 2, Holding up above the MAs
- camaro69: @scottrades. Scott any update on your thoughts on $MCK
- scottrades: @camaro69 $MCK Breakout is working!
- scottrades: My video notes: COTD: Breaking down the $BLOK $SPY Holding the 8EMA $QQQ Above the 8EMA $IWM Want to see the low hold. $MDY Under the 8EMA $DIA Closed below the 8EMA $XBI Watch today’s low $XHB In trend $SMH Above the 8EMA $BLOK EDX crypto exchange goes live offering bitcoin and ether trading, backed by Schwab and Fidelity. $TNA Sitting on the 200 Day $BITO Biggest Short Squeeze in a month. $TSLA Can’t stop and won’t stop. $AMZN In trend $META Working $JPM Watch 144 $MSTR Volume! $MARA Added to the ATL $RIOT Just under the 50 Day $CLSK through the 50 Day $RBLX At the 8EMA $CRM Flag $SWAV Washout $DNKG At the 21 EMA $MCK Breakout in motion $MNST Pretty clear resistance. $MDB Flag $FROG Watch 28
- scottrades: Mentioned $MCK last night, trying to break out today
- scottrades: My notes: $SPY / $QQQ Breakout! Watch your FOMO $UUP Breaking Down $IWM Holding the 8EMA $MDY Nice volume pickup $XLF Just under the 200 Day $XBI Holding the 8EMA $XHB Still working $ARKK Trending $TNA Holding the 200 Day $AAPL New ATH $AMZN Good volume $GOOGL Holding the 21 EMA $JPM Right at Resistance $MS Holding the 200 Day $META Trending $MSFT Great volume $TSLA Watch for Consolidation $CRWD Mentioned in the forum $FTNT Finally moving $AI Squeezing Shorts $DT At resistance $BA Holding the 8EMA $MCK Watch 400 $HUBS Support at the 21 EMA $MDB Flag $MNDY Bounce off the 21 EMA $SWAV Tentative.
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Rockstar: ...
So what do we do now. I was long the semis ($ON and $NVDA) on Monday, as mentioned in my missive on that day, and sold my positions on Tuesday. In hindsight it would have been a nice hold through yesterday's numbers, but I did not want to hold ... - jwstich: @Rockstar and @DAN $SPY $DIA $QQQ $IWM $ON $NVDA $SMH $XLV $AMGN $MRK $VRTX $MCK $XLE $CVX $XOM $DVN $OXY $XLF $GS $MET $AFL Do you still plan on combining SMM and OMM in some fashion? If so, when might this happen? I would be very much interested at looking at the combination. BTW, nice note this am Rocky.
- DAN: @jwstich $SPY $DIA $QQQ $IWM $ON $NVDA $SMH $XLV $AMGN $MRK $VRTX $MCK $XLE $CVX $XOM $DVN $OXY $XLF $GS $MET $AFL We are just working on the pricing now. I'm hoping that we can even get it done in time for Black Friday...and if not, then early December. It's a priority...there are just some complexities that are under the hood. Sorry for the delay.
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Rockstar: ...
The $XLV is a sector I like as well with $MCK, $UNH,$VRTX,$AMGN and $LLY being my stocks to watch. Dan has had $LLY on the ATL and it is continuing its breakout. $VRTX reversed after earnings and is poised to make new highs. $UNH is pushing again ... -
DAN: ...
$MCK -- Still going on Phase 1. Too late to buy here!
$SRTS -- Alert $14.20
Other stocks I am watching.
Oil & Gas Refining & Marketing / Basic Materials
$DINO -- Drew horizontal line on 10/14. Now starting to break out. High C&H t ... - scottrades: $MCK Holding the 8EMA.
- scottrades: @majida_perveen Sure, I posted like 10 ideas below. I think $IBB looks good. I think $MCK looks good. $BJ Looks good. $SHLS has clear support at the 21 EMA but it's an early entry.
- scottrades: $MCK Holding up ok in the opening minutes. Watching the 8EMA. This is my only open position right now.
- scottrades: Just stopped out of the last of my $MCK
- scottrades: My video notes: $SPY/$QQQ Follow the Bouncing Ball $UUP Breaking out $TNX Still high. $ARKK Hammer? $TAN Channel? $XLE Steep fall $SMH Hammer? $XLY Holding the 50 Day $IBB Good volume. $IGV Watch for a rebound #Bitcoin 20K-ish $AAPL At the 50 Day $AMZN Same $TSLA Needs to hold the low $MSFT Same $ENPH Watching Solar $SHLS/$ARRY COTD $CSIQ Basing $FSLR Holding the 8EMA $MCK Sold this but still decent $CI Holding near the 21 EMA $COST Holding some MAs $BJ Still in an uptrend. $VRTX Another slope
- scottrades: Buying a starter in $MCK. Stop at LOD.
- scottrades: @scottrades $MCK Filled at 364.94
- BobG: @scottrades $MCK Following you. Wow, low volume. Stop LOD?
- vcondry: @BobG $MCK ex dividend today I think n
- AboveWater: @scottrades $MCK Thank you Scott, with you on a $365.00 fill with stop at LOD
- GEMSTrader: Getting back in at $365.22. @scottrades $MCK
- scottrades: @BobG $MCK Strong volume to end the session yesterday. Nice short term volume today. Early entry, small with a clear stop. Look at the 10 Min chart. No real selling today.
- scottrades: Consider a partial stop on $MCK at break even as protection in case this follows the market lower. No reason to have a lot of risk on right now in my opinion.
- scottrades: @scottrades $MCK This is now up $4 from my entry and at HOD. Won't let it turn into a loss now. You could sell a few shares into move as protection or put it all at Break Even and roll the dice, your call. If we close strong, I'll look to swing.
- GEMSTrader: Locked in 1% gain. Thank you for brining this back on my radar. @scottrades $MCK
- scottrades: @GEMSTrader $MCK Make it rain brother! :)
- scottrades: Swinging a small bit $MCK. I've already taken partials.
- scottrades: @scottrades $MCK LOL! The old last minute ramp...
- vcondry: @scottrades $MCK one of the only things to ramp in the right direction!
- GEMSTrader: Out of my $sqqq at $45.30. Sold into strength. Helped me break even for the day after a few failed SwingTrades $F $MCK and day trade (going long) $PANW $TAN (and $OXY $DVN seeking reversal). I overtraded on $OXY and $DVN. I am out until 3pm.
- scottrades: My notes: COTD: Bad day in the market, good day for this Stock. $MCK $SPY /$QQQ Cash is not only a position… $UUP …It's been the best performing asset all year. $TLT Some green $VIX Above 20 $XLE / $OIH In consolidation $DBC Back to the 50 Day $URA Great volume $ARKK Needs some strength $TAN Still watching this space $CCJ Look for a PB $UEC Low Dollar Stock $UUUU Watch for it to hold the 200 Day $NXE A Canadian Spec $XOM Look for the GD Bounce $DVN Watch today’s low $OXY Needs a base $TNK Base. Watch 25.60 $SHLS Watch 27.70 $ARRY Basing $ENPH Watch 306 $CISQ Needs to tighten up. $RUN High Flag but sloppy.
- scottrades: My notes: $SPY Working $QQQ Working $IWM Working $DIA Testing recent resistance. $UUP Sitting on the edge $TNX-X Closed below support $TLT Basing under resistance $SMH Down a bit on INCT Earnings $XHB Working $IGV Flagging. $XBI Basing $TAN Watch for a Pullback Buy $URA Still long a slug. $ARKK Notably flat today. #Bitcoin / #Ethereum ETH is out performing leading up to the Merge. $AAPL Watch tomorrow. $AMZN Earnings Pop $TSLA Working but extended. $GOOGL Sitting on the 50 Day $MSFT Working but extended $NFLX Watching for a Gap Fill $NVDA At resistance. $AMD Earnings Next week $ON Long slope, earnings Next week $TXN watch the 200 Day $TWTR Coming out of a flag $FNKO Earnings Next week. $ZM Right under the 50 Day $META Near a floor? $ENPH Watch for a Pullback $PLTR Earnings Next week $MCK Earnings Next week
- Nepenthe: @scottrades $SPY $QQQ $IWM $DIA $UUP $TNX $TLT $SMH $XHB $IGV $XBI $TAN $URA $ARKK $AAPL $AMZN $TSLA $GOOGL $MSFT $NFLX $NVDA $AMD $ON $TXN $TWTR $FNKO $ZM $META $ENPH $PLTR $MCK #Bitcoin #Ethereum SMH down on INCT(?) earnings? Incapta?
- Mpower27: @Nepenthe $SPY $QQQ $IWM $DIA $UUP $TNX $TLT $SMH $XHB $IGV $XBI $TAN $URA $ARKK $AAPL $AMZN $TSLA $GOOGL $MSFT $NFLX $NVDA $AMD $ON $TXN $TWTR $FNKO $ZM $META $ENPH $PLTR $MCK #Bitcoin #Ethereum Probably intel $INTC
- Nepenthe: @Mpower27 $SPY $QQQ $IWM $DIA $UUP $TNX $TLT $SMH $XHB $IGV $XBI $TAN $URA $ARKK $AAPL $AMZN $TSLA $GOOGL $MSFT $NFLX $NVDA $AMD $ON $TXN $TWTR $FNKO $ZM $META $ENPH $PLTR $MCK $INTC #Bitcoin #Ethereum Right. I started hitting the bottle early today; should have figured that out. Cheers.
- jpoko13: $MCK is breaking out (I almost feel like it's a, "So what?" deal anymore).
- jwstich: @jpoko13 $MCK Earnings Aug. 3 after m.c. Prob pre earnings rise
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DAN: ...
$MCK -- Holding up ok. Still in a tightening pattern.
$CI -- one to watch.
$AI -- stocks coming out of bases have a lot of shakeouts.
$SNAP -- Probably the best example of why it’s not wise to hold over earnings. Snaptwitters are having a ... -
DAN: ...
$MCK -- Holding the 50-day MA. Volume is light here. Several failed breakouts from current levels, so this doesn’t look ready to move. Alert $335
$TSLA -- Bulls scrambling. This happened this morning. Last night the stock was volatile for a ... -
DAN: ...
$MCK
$CLFD
Strong trends:
$GO
Breakouts (some are failures. This market is not good for breakouts);
$VIVO
$TAP
$SWIR
--Dan - vcondry: @DAN $AMN $ENPH $LLY $DQ $OTTR $OPCH $JAZZ $JKS $FNKO $HALO $TAP $RBLX $TAN $CLTR $NTLA $EDU $SHOP $BZUN $WKHS $PWR $HHS $MCK $CLFD $GO $VIVO $SWIR awesome thank you
- vitoB: @DAN $AMN $ENPH $LLY $DQ $OTTR $OPCH $JAZZ $JKS $FNKO $HALO $TAP $RBLX $TAN $CLTR $NTLA $EDU $SHOP $BZUN $WKHS $PWR $HHS $MCK $CLFD $GO $VIVO $SWIR ; within the $TAN complex any thoughts on $SHLS showing some outperformance over the past two months?
- DAN: @vitoB $AMN $ENPH $LLY $DQ $OTTR $OPCH $JAZZ $JKS $FNKO $HALO $TAP $RBLX $TAN $CLTR $NTLA $EDU $SHOP $BZUN $WKHS $PWR $HHS $MCK $CLFD $GO $VIVO $SWIR $SHLS It's not really tending higher at all, and not looking like it's going to break out. The support level is the 50-day moving average. It wouldn't be something I would buy here...but it could be a low risk trade for you, vito. You just keep your stop below yesterday's low. Make sense?
- vitoB: @DAN $AMN $ENPH $LLY $DQ $OTTR $OPCH $JAZZ $JKS $FNKO $HALO $TAP $RBLX $TAN $CLTR $NTLA $EDU $SHOP $BZUN $WKHS $PWR $HHS $MCK $CLFD $GO $VIVO $SWIR $SHLS ..copy that. Also think you meant $CLR
- bwcarnation1: @DAN $MKC I think you meant $MCK
- DAN: @bwcarnation1 $MKC $MCK YEp. I meant $MCK. That's for catching that.
- scottrades: $MCK Watch for a move over the slope on volume.
- AboveWater: @scottrades $MCK - still testing 50d on low volume
- scottrades: My notes.. $SPY Sellers out of Gas or just taking a pit stop? $QQQ Lowest Volume since April $IWM Back above the 21 EMA $DIA Same $GLD Holding the 200 Day $UUP Still above the 50 Day $XLE Extended $TAN Trying to get back above the 50 Day. $BOAT Sailing to new highs $GBTC Bounce. $AAPL Bullish Engulfing, but will it be enough? $NVDAGreat volume and earnings reaction. $USO Breaking out of a base $AR Took paritals today, nice work team! $DVN Know your time frame. $PBT Stagger stops $MRO Extended $RRC Nice pop off the 50 Day $CVX Working $COP Extended $OLN C&H $AMR Great volume $ARCH Great volume $ARLP Inside Day $GOGL Nice move out of a flag $EGLE Holding the 8EMA $ZIM Rising Wedge or handle? $LLY Working $MCK Trending. $SEDG Still under the MAs $ENPH Right at the 200 Day $JKS This is how I want the other 2 to look.
- wanda1616: @scottrades $SPY $QQQ $IWM $DIA $GLD $UUP $XLE $TAN $BOAT $GBTC $AAPL $NVDAGreat $USO $AR $DVN $PBT $MRO $RRC $CVX $COP $OLN $AMR $ARCH $ARLP $GOGL $EGLE $ZIM $LLY $MCK $SEDG $ENPH $JKS great video thank you. had bought $MCK earlier today. $SLB breaking out also.....still holding $AAPL since big hammer, added more today. ready to bail on it all. also a tiny bit of DIS and BA to see if they can dead cat a bit.
- ProfMike1: @scottrades $SPY $QQQ $IWM $DIA $GLD $UUP $XLE $TAN $BOAT $GBTC $AAPL $NVDAGreat $USO $AR $DVN $PBT $MRO $RRC $CVX $COP $OLN $AMR $ARCH $ARLP $GOGL $EGLE $ZIM $LLY $MCK $SEDG $ENPH $JKS Not sure if there is any prognostication value, but there is a fractal C&H pattern from 5/4 through today within the months long C&H for $OLN
- woodman: $MCK finding support at the 20d. Reports 5/5.
- woodman: $ABC $MCK $HSIC, most notably - the drug pushers remain strong.
- wanda1616: @woodman $ABC $MCK $HSIC just unreal. im sure if i step in and buy them they will collapse. : )
- woodman: @wanda1616 $ABC $MCK $HSIC - Sometimes you can cause it by typing in your order and just hovering over the enter button without actually hitting it. Stocks can sense it.
- wanda1616: @woodman $ABC $MCK $HSIC haha ive noticed that
- wanda1616: @wanda1616 #feeling how much more piling in to $HSY and $MCK can there be? rhetorical.
- woodman: $ABC $MCK - a couple medical distribution stocks doing well.
- issues: @woodman $ABC $MCK Thank you Woody! I am buying $NVO, $MRK, $BMY, $ABBV & $ABC! This is where the action is headed.
- wanda1616: @wanda1616 $MCK $ABC meanwhile raging on. drugs
- Chaficp: $MCK is trying to breakout the ATH.
- scottrades: @Chaficp $MCK Working well today.
- Chaficp: @scottrades $MCK I opened a small position. Let´s see if it will work.
- PhooeyQuai: @scottrades $SPY $SSO Scott watch $MCK. Good trending health care stock. Near break out. Wish to two red towers weren't there.
- scottrades: @PhooeyQuai $SPY $SSO $MCK Good volume today.
- PhooeyQuai: $MCK Good up trending stock to watch. McKesson Corporation is an American company distributing pharmaceuticals and providing health information technology, medical supplies, and care management tools. The company delivers a third of all pharmaceuticals used in North America and employs over 78,000 employees. McKesson had revenues of $238.2 billion in its fiscal year ending March 31, 2021.
- Kckc: $MCK at a long and solid resistance level around $188. NP yet
- HGIGuy: $MCK Holding support at rising 21ema. LT support along 50-dma that is only 2.25% below. Declining volume on pullbacks. Benefits from rollout of Moderna vaccine. Long from 172.
- HGIGuy: $MCK Coming out of a VS close to 50dma as support for entry. Today topped 21ema on slightly above average volume. Not a rocket, but well positioned in Moderna vaccine distribution.
- debeers: Covid update-we've now lost 250,000 in this country as of today.. FDA expected to decide quickly (for them) 2 dose vaccines with headache apparently being the biggest side affect. Hospitalizations up again and New York shutting down. $NVDA down an expected couple of per cent after report. Now we wait for the new estimates. $MCK/$BNTX seem to be responding well for reviews. The problem is that any delay in distribution will result in more fatalities. ICU beds devoted to Covid i expect will cause deaths when unrelated medical emergencies cannot be accommodated. In southern California recently a heart attack victim could not be accepted because there wasn't a bed in the facility closest to him and he passed away. So terribly sad.
- agiaccag: @debeers $NVDA $MCK $BNTX I am hoping in the morning for a gap down based on after hours trading and then a recovery. Could make a nice 59min trade tomorrow. we'll see. Like you said "buckle up" we are going for a ride.
- champ: @debeers $NVDA $MCK $BNTX --- I never heard of that before, a hospital ER, not treating a heart attack patient, don't need a bed to be treated, there is a lot wrong with that, for sure because that is against the law, even in California, even if that ...
- tartan: @scottrades $PYPL $SQ $BABA $CLX $ROKU $W $PTON $QCOM $WING $SWKS $CVS $GOLD $NET $SPCE $GM $HZNP $LL $MPC $AZN $WM $TTD $EL $DBX $AYX $ON $ZNGA $CWH $AMCX $MELI $SEDG $REGN $CPE $LDOS $AMRN $UBER $BMY $KPTI $LITE $HUM $WEN $BHC $MCK $CPLP Always appreciate a heads up on earnings I think $BILL is due to report this week also
- scottrades: Some Earnings to be aware of this week. $PYPL $SQ $BABA $CLX $ROKU $W $PTON $QCOM $WING $SWKS $CVS $GOLD $NET $SPCE $GM $HZNP $LL $MPC $AZN $WM $TTD $EL $DBX $AYX $ON $ZNGA $CWH $AMCX $MELI $SEDG $REGN $CPE $LDOS $AMRN $UBER $BMY $KPTI $LITE $HUM $WEN $BHC $MCK $CPLP
- traderbren: $MCK - need spices for your grub? Back above the 50d. NP
- jvee: @traderbren $MCK mck is mckesson which is above the 50d. mkc is mccormick.
- traderbren: @jvee $MCK - correct, thanks....meant McKesson as McCormick is still below the 50d.
- Hans_Schultz1: $MCK spiked the last few minutes
- lostsheep: $MCK Chosen by the administration to distribute the vaccine. Should the winners be picked or bid if deemed able to complete the process?
- ikkyu000: @scottrades $CLX $BYND $SQ $MRNA $ROKU $FSLY $TSN $ATVI $CHGG $CVS $W $DIS $MELI $GPN $SPCE $TWLO $CMS $LVGO $MCK $AMRN $ETSY $PLUG $NET $BMY $RACE $TTWO $MPC $MPLX $ZNGA $DBX $DDOG $UBER $WIX $KOS $TTD $ENPH $CRON $BP $TEVA $PENN $FVRR $RNG #Earnings Thanks so much for the list. If you could post a list every week during earnings season, that would be great. I plug the symbols into a watchlist to watch for intraday snap-back reversals (my favorite kind of trade).
- scottrades: Some #Earnings to be aware of next week. $CLX $BYND $SQ $MRNA $ROKU $FSLY $TSN $ATVI $CHGG $CVS $W $DIS $MELI $GPN $SPCE $TWLO $CMS $LVGO $MCK $AMRN $ETSY $PLUG $NET $BMY $RACE $TTWO $MPC $MPLX $ZNGA $DBX $DDOG $UBER $WIX $KOS $TTD $ENPH $CRON $BP $TEVA $PENN $FVRR $RNG
- traderbren: #Spice_rack -- $MCK continues to walk up the 8 ema.
- just4mo: @traderbren $MCK #Spice_rack I think you mean $MKC. the other one is headed the wrong direction :)
| Stock Price | $813.80 |
| Change | -0.21% |
| Volume | 1,010,290 |
McKesson Corporation delivers pharmaceuticals, medical supplies and healthcare information technology that make healthcare safer while reducing costs.
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Past Month
Leading Peers
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$76.55 4.26%
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$813.80 -4.21%
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$198.18 -4.22%
Past Month
Lagging Peers
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$198.18 -4.22%
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$813.80 -4.21%
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$76.55 4.26%
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