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
23,445 Blog Posts

Morning Poppers (Get Ready Russia Edition)

The President of the United Steaks.

In other news, futures are +120 — but copper is off by 2.2%. Gold is also down 0.8%, and cryptos are thru the fucking roof.

BTC +13%
ETH +12%
IOT +18%

Perhaps the cryptos are now being recognized as safe havens in lieu of a Syrian attack?

In spite of weakness in commodities, today should be a bullish day.

Here are some other morning headlines.

Gapping up

Gapping up
In reaction to strong earnings/guidance/SSS
:

  • QNST +11.9%, (also says Kerrisdale claims in negative report are inaccurate), OZRK +3.3%, MDR +3.3%, ZUMZ +3%, (Zumiez reports March comps of +12.6 %vs +1.1% year ago and +9.2% last month), CBSH +3%, RAD +3%, DAL +2%, BLK +1.5%, BKE +1.1%, CBI +0.5%, COST +0.5%, LB +0.5%

Other news:

  • CYRN +23.6% (discloses that it has signed a material contract with one of the world’s largest technology companies)
  • BLCM +22.6% (FDA has lifted the clinical hold on studies of BPX-501 in the U.S. )
  • RETA +11.6% (provides update on the Phase 2 portion of the CARDINAL study of bardoxolone methyl in patients with Alport Syndrome; treatment produced significant increase in kidney function maintained through week 36)
  • ALRN +5% (continued strength — company confirmed after the close the publication of nonclinical results in Science Translational Medicine demonstrating the anti-cancer potential of ALRN-6924 in models of Acute Myeloid Leukemia)
  • OSTK +4.3% (stronger with Bitcoin +12%)
  • ABUS +2.8% (Arbutus Biopharma and Roivant Sciences entered into an agreement to launch Genevant Sciences; Roivant will contribute $37.5 million in transaction-related seed capital)
  • CLDR +2.4% (Director disclosed the purchase of 25k shares)
  • FEYE +1.1% (continued strength)
  • GSK +1.1% (signs strategic agreement to transfer rare disease gene therapy portfolio to Orchard Therapeutics)

Analyst comments:

  • FTI +4.6% (upgraded to Buy from Neutral at Goldman)
  • INCY +2.3% (upgraded to Buy from Neutral at UBS)
  • MYL +1.1% (upgraded to Outperform from Mkt Perform at Leerink Partners)
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4 comments

  1. sarcrilege

    Does Trump write his own tweets? This one might be legit. The “animal Assad” tweet,… not so much

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  2. masteroneass

    my shitcoins plays are up 15 % since i rolled back in last week. i see internet 2.0 faangtech losing momentum.the legend says a new kind will take over. a decentralized system full of security and power to the people. and so it will the cryptos will rise. and a dark sides returns. Trump likes crytpos

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  3. ferd

    “…or not so soon at all!”

    If they let him back us down from the precipice it is due to so many people finally calling BS on the warmongers. Congrats!

    But the neocons will not stop. Always remember that, with the exception of Tucker Carlson, 100% of MSM read their war script without hesitation.

    Perhaps the best contribution president Trump has made to our democracy is putting out the “fake news” label …if that label causes people to question everything they are fed.

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