Morning lads,
I actually got a decent night’s sleep last night, perhaps drifting away at around midnight, waking up at exactly 4:56AM like a god damned lunatic. There I was traversing the house like a phantom in odd hours of the night in search of my an internet mobile device. Alas, here I am now, fully stocked and loaded with coffee as black as Africa, relaying the news to underserving wenches.
OPEC is meeting today, which is providing succor to oil. WTI is higher by 1%. Europe is higher by 0.7% and Nasdaq futures are +8.
Over in Bitcoin land, admittedly I am rather obsessed by the whole ordeal, prices have reversed earlier strength and are now plunging lower.
BTC is now at ~9,500, off by 2%.
I’m expecting a snap back rally because investors are fat and decadent. We are in the final stages of hedonism, a time and place that shall be look upon as where it all went wrong. Societal upheaval is often met with deranged decadence and we are currently in the midst of the very worst of bubbles. I know, chicken little — the sky is falling. But most people aren’t aware of the bubble until after it popped. Bear with it, we’ll get there soon.
Here are some other headlines to peruse.
Universal Display initiated with a Outperform at Evercore ISI; tgt $225
Michaels Stores sees Q4 $1.15-1.18 vs $1.16 Capital IQ Consensus Estimate; sees comps +1.5-2.5%
Express misses by $0.01 including hurricane impact, beats on revs; guides Q4 EPS in-line
Wesco Aircraft upgraded to Hold from Sell at Deutsche Bank
HCA upgraded to Overweight from Neutral at JP Morgan
Gap downgraded to Sell from Neutral at Citigroup
Goldcorp upgraded to Buy from Neutral at Citigroup
Agnico-Eagle Mines upgraded to Neutral from Sell at Citigroup
Barrick Gold downgraded to Sell from Buy at Citigroup
Sears Holdings Q3 adj. loss of $2.64 was better than the ($4.46) single est, GAAP EPS was ($5.19)
Juniper Networks: After rising as much as 25% last night on reports of takeover interest from Nokia (NOK), shares are now down almost 6% after Nokia (NOK) denied it is weighing an approach
i had to create an account for this shit lmaaao
“Hey Faggots, i was a trader on wall street for 150 years, my experience makes you all FAGS, FAGS FAGS”
And still you are emotionally involved (rage levels) in something that is not in your portfolio and has no consequences for you.
As you say yourself, you have the dumbest readers, ask yoself why 🙂
Let’s examine the levels of stupidity it took to post your comment.
Poor syntax and punctuation.
Abhorrent grammar.
Flawed logic and conclusion.
Lack of basic understanding of what fellow human beings find interesting, most likely a sign of extreme anti-social behavior.
Felt the need to inform the Blog Father that he had to create an account to comment, as if that actually meant something, a sign of narcissism.
Exaggeration of Blog Father’s rhetoric in an attempt to demean him, most likely a result of poor self confidence.
I can go on.
Blog Father? More like Blog Faggot.
FIG
So salty
Classic …especially referring to yourself as “the Blog Father” while calling him on his narcissism.
May as well delete that account now, you’ve been bitched.
such rhetoric. trying to find a flawed personality but not poking holes in the argument in itself. thanks blog father, it’s clear now
btw, syntax & punctuation, like you deserve dat much, blog father
Blog father!!!! hahahhaaaaaaa… Fly you sick bastard I love it