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