***PRIORITY: watch UVE, BCRH, HCI, FNHC, HRTG, AHL, VR, UIHC, RE, GLRC, IBKC, CSFL***
Just saying the word ‘nothing-burger’ instantly makes you a dick. I find it to equal the use of the word ciao, especially for non-Italians.
Insurance stocks are going to pop the fuck off today. In the pre-market, UVE is +13.5%. Wait until normal people arrive to work and do some lines of cocaine off their desks and then apply some real money into these stocks. Shorts are going to rue the day they turned on the fucking weather channel.
Over in Europe, shit is getting sporty, with the IBEX leading the charge higher by 1.48%. The Eurostoxx 50 is higher by 1.2%. Expect this enthusiasm to transfer here at the open. Dow futures are higher by 127.
The only notable weakness is in gold, off by 0.77%.
Here are some analyst moves, courtesy of my god damned Twitter account. I have no reason to be this angry so early — but I am so don’t fuck with me.
Some quick items that just hit the tape.
Teva Pharma upgraded to Buy from Neutral at BTIG Research
NVIDIA: SepQ GPU and Ryzen pricing strong; positive for NVDA/AMD. data center remains key – Mizuho
Kroger: Spending forces Kroger off long-term guide – RBC
MasterCard upgraded to Buy from Neutral at Guggenheim
Gapping up:
IDRA +13.8%, TEVA +11.2%, ZUMZ +11%, BV +8.4%, ARRY +7%, KURA +6.4%, RDFN +4.3%, AGX +4.1%, OKTA +3.2%, AMD +2.6%, REVG +2.4%, YNDX +2.3%, CLDR +2.3%, INCY +2%, EXEL +2%, TSLA +1.8%, CLF +1.8%, MZOR +1.6%, AZN +1.6%, ACH +1.5%, GRFS +1.4%, AAPL +1.3%, OPK +1.3%, EA +1.3%, MU +1.2%, MT +1.2%, WB +1.1%, NFLX +1.1%, NVDA +1%, MOMO +1%, FB +0.8%, RIO +0.8%
Gapping down:
IDRA 13.8%, AOBC -17.2%, CHKE -16.1%, TNTR -13.9%, ACHN -13%, SAIC -5.9%, PAY -5%, PAY -5%, GG -2%, HMY -1.9%, CYAD -1.8%, FIZZ -1.8%, UTHR -1.7%, SIGM -1.6%, GOLD -1.3%, GDX -1.3%, SLV -1.2%, TLRD -1.2%, RGLD -1.1%, ABX -1%, AG -1%, NEM -0.8%, GLD -0.8%, NEM -0.8%
DEVELOPING…
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props on the UVE purchase
happy Dov Zakheim day!
What’s a missing $2.3T among zionist friends when one has dual national zionist and also a Rabbi Zakheim in charge of the Pentagon’s money supply (Comptroller) and Chertoff, another dual nationality zionist filth, in charge of Homeland Security to let dancing Israelis, Mossad assets, wire WTC for demolition and let them slip away?
https://tinyurl.com/a669z
careful you don’t get “suicided” with that talk! The machine is so good at what it does, and the apathy surrounding the event is so potent that no one even cares about who did it, and any talk about it other than Osama being the culprit is religated to “conspiracy theory nut”…
Killer call on UVE
Well done!
Time for TWTR yet?
What an all-wise market! The USA loses 500 billion in two
consecutive hurricanes; insurance companies are gonna pay
out hundreds of billions – so their stocks are UP – and
Home Depot which will have to supply much of the material
to rebuild the mess is one of two DOW stocks down today.
Or is the Plunge Protection Team rigging the game?
Was at HD today buying bunks of OSB sheeting for a new house and prices on all commodity type building supplies are already moving up due to demand from Harv and Irm.