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
17,243 Blog Posts

Morning Poppers (Pop, Pop, Pop, Pop, Pop Edition)

Are you ready for another day of blissful trading, equivalent to free money? Dow futures are +100 and I’m sure the news is truly important, but I couldn’t care less. Whilst drinking my morning glass of coconut cream, I saw from one of the corners of my eye something ado regarding S. Korean balking about banning cryptos and also JP Morgan’s earnings.

What’s important to know is that markets prefer higher and that if you’re long — you’re indeed smiling right about now.

Ripple is +20%, Bitcoin is +3.5%.

Here’s some MOAR news.

JPMorgan Chase beats by $0.07, misses on revs
PNC beats by $0.09, beats on revs
Energous prelim Q4 revs $0.03 mln vs $0.45 mln Capital IQ Consensus Estimate; entered into a distribution agreement pursuant to which Energous may offer and sell, from time to time shares of its common stock for an aggregate gross proceeds of up to $40 mln
eBay upgraded to Buy from Hold at SunTrust
FuelCell Energy upgraded to Buy at B. Riley FBR, Inc.; tgt raised to $3.50 — Multiple opportunities not fully reflected in the stock
Etsy downgraded to Equal-Weight from Overweight at Morgan Stanley
Mosaic resumed with a Neutral at JP Morgan; tgt $26

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  1. Cricket

    “I’m sure the news is truly important, but I couldn’t care less”

    I’ll paraphrase today’s news for you: Everything you always needed to know about sh*tholes.

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  2. thehouse

    SEII blockchain news.

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  3. ferd

    CNN anchor got all shelter-in-placey when he reported that Trump called Haiti what Haitians I’ve known called Haiti – I thought the reporter was gonna cry.

    In Libtardia, launching missiles against random brown people is presidential, calling Haiti what it is is racist.

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    • sarcrilege

      That’s how it rolls. If low-IQ retards cannot argue facts they attack the messenger with meaningless, marxist, politically correct labels.

      Holocaust is a fraudulent claim to fleece Germany by reparation payments and distract from ~65MM russians butchered by filthy murderous jewish bolsheviks. Moreover, US government is a filthy zionist occupied territory.

      And now lets watch the labels fly…

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  4. ericbakerbruce

    I farted in the elevator at work this morning. I was alone. I figured WTF I was only going from the 6th to 4th floor. Door opened at floor 5 and a woman said before entering – “that was good timing”. I thought – “not really”

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  5. truth or consequences
    truth or consequences

    MARA the early chainblock popper today on purchase of 1300 mining devices (up 30%) to $5

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