The temptation to walk away from this madness is palpable. Gazing into the pre-market quotes and seeing KODK up another 120% could make any reasonable man, or woman for that matter, cringe at the idea that this could all continue. But you’d be wrong. Thanks to our wonderful President Trump, all of the jobs are coming back and America is, once again, becoming grandiose and great again.
Any ideal suggestion that China might, in fact, stop buying US bonds is utter nonsense. No one should ever be scared of that, since we’re more likely to BOMB N.KOREA into the stone age, forcing our Chinese friends to do exactly what they’re told, OR ELSE!
What’s important to note is oil, higher by another 1%, encroaching on $63.
On news that China might stop buying American bonds, TLT is lower by 1.3% and futures are -100.
In other news, Princeton based company AMRH is now a blockchain company and the shares have doubled. More on that later.
In the meantime, here are some other headlines.
Sirius XM Radio added approx 1.56 mln subs in 2017; expects to meet or exceed 2017 guidance for revenue, adjusted EBITDA, and free cash flow
Acuity Brands downgrade details — to Hold at Williams Capital Group following earnings; tgt lowered to $175
SVB Financial Group target raised to $300 at Maxim Group — Raising EPS ests mainly due to new tax law
China New Borun announces receipt of preliminary non-binding going private proposal for $1.67/share in cash
AMERI Holdings to expand offering with blockchain solutions
Wells Fargo upgraded to Neutral at Atlantic Equities
Morgan Stanley upgraded to Overweight from Neutral at Atlantic Equities
Workday upgraded to Overweight from Equal-Weight at Morgan Stanley
Moviepass ico? That should send it to 20 before the day is over