Disappointment Sinks In

There was quite a bit of conflicting information about the Supreme Court's Obamacare decision, but the core of the health care law was upheld. Chief Justice Roberts created some confusion by saying that the mandate was invalid under the commerce clause but valid under the taxing power. It doesn't much matter what the reason is. The bottom line is that the health care bill is essentially upheld. What is ironic is that the Obama administration was adamant in claiming that this wasn't a tax, but the Supreme Court says the only reason the mandate is valid is because it is a tax.

The market jumped around a bit on the news and there is big movement in hospital and health insurance-related stocks, but the market is rolling over again as I write and disappointment over the ruling sinks in. As I discussed earlier, there shouldn't be any lasting impact on the market as this news is digested. Many will consider it a negative for business, but the election in November will be the final arbiter of the health care law....47 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

Read the full story and get access to the Real Money Pro trading floor.

There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.

Already a Subscriber? Please login.

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.