18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
18,595 Blog Posts

Morning Poppers (everyone goes to jail edition)

Good morning lads, it looks like AG Sessions is going to appoint another special prosecutor, this time to go after the real crooks. That’s the rumor, which was cryptically supported by this tweet by Trump.

As far as I am concerned, the more Muellers the better. Everyone gets a turn and no one is denied an opportunity to go directly to jail. This is America, after all — land of the free and the brave.

European stocks had been rallying earlier today, but now their mired in mud. The Eurostoxx 50 is lower by 0.36%.

WTI -0.5%
Copper -0.4%
Eur/Usd +0.5%
BTC -1.95%
US yield curve 70bps

Nasdaq futures are -4.

As of now, it looks like the bounce you’ve been looking for has been delayed. Here are some other headlines.

Stratasys beats by $0.04, misses on revs; raises FY17 EPS above consensus, narrows rev midpoint below consensus
Loxo Oncology enters into global collaboration with Bayer (BAYRY) to develop and commercialize larotrectinib and LOXO-195; Loxo will receive a $400 mln upfront payment (shares halted
Kulicke & Soffa beats by $0.14, beats on revs; guides Q1 revs above consensus
Transocean target raised to $13 at RBC Capital Mkts — Number Revisions and Floater Market Update
Qualcomm target raised to $77 at RBC Capital Mkts — Tgt upped as RBC sees potential for higher bid
WisdomTree upgraded to Mkt Perform from Underperform at Keefe Bruyette
Delek US Holdings upgraded to Outperform from Market Perform at Wells Fargo
JD.com downgraded to Equal-Weight from Overweight at Morgan Stanley
Deutsche Bank upgraded to Buy from Hold at HSBC Securities
Home Depot beats by $0.02, beats on revs; guides FY18 EPS above consensus, revs above consensus
Softbank and Uber UBER) have come to a basic agreement on a process for the SoftBank Group to make a future investment in Uber

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  1. sarcrilege

    Let’s hope we’re not being teased by that fool Sessions and the bitch gets finally locked up. She’ll look so stylish in orange jumpsuit.

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    • numbersgame

      She’ll never wear that jumpsuit. That’s not how things work.

      Snowden reveals the NSA’s illegal surveilance of Americans. No one from the NSA goes to prison, but Snowden is charged. Gen Petraeus leaves TS-SCI information – including information about the identity of covert officers and National Security Council Meetings in his house for his biographer, and gets probation.

      You are naive if you think someoen at Hilalry’s level will spend 1 day behind bars.

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      • sarcrilege

        I am afraid you are correct. However, one is allowed to daydream, no?

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      • moonshot

        If Trump intends to follow through with draining the swamp, locking her up would be a massive step in that direction. It would also send a massive shockwave through the rest of corrupt D.C. that no one is untouchable.

        No one thought Trump could beat Hillary either. Past performance does not guarantee future results. Especially with Trump.

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        • joshua

          There is no swamp draining, never was, never was going to be. Just new and improved swamp creatures. Just a lot of people that got played and can’t let it go.

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