With the great vote on Cutting Taxes, this could be a big day for the Stock Market – and YOU!
— Donald J. Trump (@realDonaldTrump) December 4, 2017
I didn’t sleep all of last night — because I couldn’t. Instead, I wrote chapter X of my story and mapped out how the whole thing will end. I’m thinking the story of Ghetto Fabulous and then into the depths of hell, circa 2002, and end it right near the god damned bottom of the whole kerfuffle. It’s a fine book, much better than the first — and it was written by a madman who didn’t sleep — because he couldn’t.
In you’re interested in part 1 of the three part story, you can buy it here for a song.
Admittedly, I’ve been rather obsessed with my excel spreadsheets, creating risk analysis spreadsheets, scoring Sharpe, Sortino, Treynor and other risk measurements — because I call it fun and love to analyze things that most people don’t. This doesn’t make me special or smarter, just different. Funny thing, my step father is had a Phd and three masters in mathematics and he couldn’t care less about this sort of stuff — which is puzzling to me. I always figured he’d want to partake in a little numbers crunching — but maybe this is too rote for his insane brain.
The DAX is higher by 1.47% and Dow futures are +240. It’s worth noting, the Nasdaq is only +37.
WTI is lower by 1% and the dollar is +0.4% v the Euro.
The big story of the day: CVS is buying AET for $207 or $77 billion. Clearly, the anti-trusters should be shitting their pants over the audacity of this deal, protesting to block it — but it’ll pass. We’re in an age of robber barons and big business can do as they like.
Did you know the average savings account in America is $500?
Here are some other headlines of splendor.
Finisar downgraded to Buy at Needham; tgt $25
Ultra Clean Holdings upgraded to Buy at Stifel after the pullback
Teck Resources downgraded to Neutral from Buy at Citigroup
UPS upgraded to Buy from Hold at Deutsche Bank
Charter Comm downgraded to Underweight from Equal Weight at Barclays
DPW holdings subsidiary Coolisys technologies unveils cryptocurrency hardware