Bloomberg Market Wrap 3/4: S&P 500 Technicals, Target, Medicare Dialysis Plan

The video covers three main topics: an analysis of the S&P 500's technical chart, highlighting market trends and potential volatility; a discussion on Target's financial performance, focusing on sales growth and profitability challenges; and an examination of the Medicare budget's impact on the kidney disease market, with a focus on cost reduction strategies and market dynamics.

What is the significance of the 2800 level in the S&P 500 chart discussed in the video?

• It is a support level where buyers step in.

• It is the average level of the S&P 500 for the year.

• It is a resistance level where sellers push in.

• It is the highest point reached by the S&P 500.

What is one of the main challenges Target is facing according to the video?

• Decreasing sales growth.

• Increasing competition from online retailers.

• Declining customer satisfaction.

• Rising freight and wage costs.

How many consecutive quarters of same-store sales growth is Target expecting?

• Seven

• Six

• Five

• Eight

What percentage of the US Medicare budget is spent on treating kidney disease?

• 20%

• 15%

• 25%

• 10%

Which company is mentioned as a potential beneficiary of the shift towards in-home kidney treatments?

• DaVita

• Fresenius

• CVS Health

• American Renal