iBankCoin
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
23,411 Blog Posts

Morning Poppers (We’ve Got a Mess on Our Hands Edition)

Nasdaq futures have worsened overnight, now off by 77. Over in Europe, the FTSE is lower by 1.24% — but the pound is higher by 0.95%, so it isn’t really down in absolute terms — is it? Bitcoins are bouncing in value along the bottom of the ocean floor, now higher by 7.2% to $8,200.

Authorities in Austin have increased their rewards to $115k for their local terrorist in the prowl — who just injured two additional people via a FUCKING TRIP WIRE. This is the absolute state of America right now. Go out and walk your dog — fall into a god damned trip wire and get your legs blow off. God damn it — fuck this country, fuck this country, fuck this country.

Oh, I’m sorry — I meant to say God Bless America — I enjoy our many freedoms and everyone is just jealous of out liberty and democracy. It’s so fucking great.

Speaking of which, the government is gonna shut down again because MUH Congress. They have until midnight on Friday to come up with a spending bill else the whole kit and caboodle is gonna be shut the fuck down. Good, I hope it shuts down and never opens back up again.

I’m sorry, what I meant to say is — gee, I hope the Congress can come together with a bipartisan plan that helps all Americans and does it in a responsible, yet compassionate, way.

Here are some other morning headlines.

The UK and EU reach Brexit transition agreement
Arista Networks downgraded to Sell from Hold at Deutsche Bank
NXP Semi resumed with a Equal-Weight at Morgan Stanley
GrubHub downgrade details — to Hold at Stifel on valuation; tgt raised to $110
OLED -9.3% (Bloomberg details that Apple (AAPL) is developing its own iPhone screen)
Orbotech to be acquired by KLA-Tencor (KLAC) $38.86 in cash and 0.25 of a share of KLA-Tencor common stock in exchange for each ordinary share; implies approx. $69.02/share; expected to be immediately accretive to KLA-Tencor’s revenue growth model; announced a $2 billion share repurchase authorization
Stewart Info to be acquired by Fidelity National Financial (FNF) for $50.20/share in cash and stock
Jazz Pharma upgraded to Overweight from Equal-Weight at Morgan Stanley
HD Supply Holdings resumed with a Neutral at Goldman
Cummins upgraded to Hold from Sell at Deutsche Bank

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11 comments

  1. sarcrilege

    The break-even for mining BTC is just around $8K. It would be glorious to see btc shut-down along w/ USG because it would make no sense to keep the machines on.

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    • numbersgame

      Yes, then people will realize how inefficient an idea BTC is and a better cryptocurrency can emerge as the leader.

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  2. ericbakerbruce

    Take your lithium dude

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  3. acehood

    How long does this MUH thing last?

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  4. NON Solo

    I know it’s from the election, but what does the MUH acronym stand for?

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  5. TJWP

    German authorities arrested a cell of radical left terrorists with over 400lbs of bomb making materials over the weekend, they were in the final stages of preparing a campaign. It didn’t make the national or international news because its the wrong kind of terrorism.

    Gee now fuck me sideways if Austin doesn’t have a very active Anti-fa chapter?

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    • numbersgame

      An Anti-fa group that targets minorities (Austin victims)? I’ll take the over on the killer being a White Male Trump supporter.

      Wait, I get it, it’s a false flag operation like 9/11, right?

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  6. TJWP

    Such a sad pathetic world you live in where everything revolves around race.

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