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
18,093 Blog Posts

Long America; Short Russia

Russian markets are down 1.4% today, after losing World War 3 to America this past weekend. Our futures are +140. It just so happens I am completely long, aside from my ‘fuck Russia’ trade — long RUSS — which is a play on betting against the GIGANTIC slavic nation of ice people.

Fun fact about Russia: back in the 1200s, the Mongols conquered them and are the reason why the entire land mass eventually united. Also, the Russian royal family is said to have ~15% mongol blood in them, from all of the cross-breeding done between the two people’s when the Golden Horde ruled over them.

Oil is -1.2%, probably because of lack of happenings in the Middle East. We were hoping to rope both Iran and Russia into armed conflict, which would’ve killed scores, but also have been boolish for WTI and Brent.

European markets are lower, most likely due to the fact that Russia might decide to freeze the entire continent to death next winter. But I suppose we’ll cross that bridge when we get there.

This could be viewed as dovish.

And then there’s this.

Here are the other headlines littering my fucking screen right now.

Gapping up/down: BAC +1% after earnings, ULTA +2% and COST +1% after upgrades; JBHT -1% after earnings, KHC -1% after downgrade

Gapping up
In reaction to strong earnings/guidance
:

  • BAC +1.0%

M&A news:

  • ERI +7.3% (to acquire Tropicana Entertainment (TPCA) in a cash transaction that is valued at $1.85 bln)
  • IEP +1.7% (confirms agreement to sell Tropicana’s real estate to Gaming and Leisure Properties)

Other news:

  • ALKS +18.7% (announces that the FDA has accepted for review the NDA for ALKS 5461)
  • ACRX +8.9% (announced the successful completion of the human factors (HF) study performed to validate the effectiveness of the revised DSUVIA directions for use)
  • IDRA +4.3% (enters into a clinical development support agreement with Pillar Partners Foundation)
  • ALNY +3.6% (presents new clinical results for Givosiran)
  • INFY +2.9% (rebounding following Friday’s post earnings decline)
  • SHPG +2.5% (announces sale of oncology business to Servier for $2.4 bln)
  • JD +0.8% (clarifies potential confusion caused by certain statements made by CEO Richard Qiangdong Liu in a recent event)
  • GOOG +0.6% (positive article from Barrons), .

Analyst comments:

  • LOXO +6.1% (upgraded to overweight from equal-weight at Morgan Stanley)
  • ULTA +2.3% (upgraded to Buy from Neutral at Guggenheim)
  • BCS +2% (upgraded to Buy from Hold at Jefferies)
  • COST +1.2% (upgraded to Outperform from Market Perform at Wells Fargo)
  • AWK +0.7% (upgraded to Buy from Neutral at Janney)

Gapping down
In reaction to disappointing earnings/guidance
:

  • HCSG -1.7%, (guidance), JBHT -1.3%

Other news:

  • CLDX -45.6% (reports that the randomized Phase 2b METRIC Study of glembatumumab vedotin compared to Xeloda in patients with metastatic triple-negative breast cancers that overexpress gpNMB failed to meet its primary endpoint)
  • WPP -4.8% (announces Sir Martin Sorrell has stepped down as Chief Executive Officer of WPP with immediate effect)
  • BPMC -3.5% (reports proof-of-concept data for highly selective RET Inhibitor BLU-667)
  • NLNK -3.4% (reports initial data from Phase 1 NLG2105 study )
  • CLVS -3.4% (commences separate underwritten public offerings of convertible senior notes and common stock)
  • JMEI -2.5% (CFO Yunsheng Zheng resigned effective April 11 for personal reasons)
  • HTHT -2.4% (reports blended occupancy rate of 83.7% versus 83.9% last year; reports Q1 blended RevPar of RMB 173 mln versus RMB 152 mln)
  • BUD -0.5% (negative article from Barrons)

Analyst comments:

  • KHC -1.2% (downgraded to Underperform from Neutral at Credit Suisse)
  • CROX -2.7% (downgraded to Negative from Neutral at Susquehanna)
  • SJM -1.1% (downgraded to Underperform from Neutral at Credit Suisse)
  • DF -1% (downgraded to Sell from Neutral at Goldman)
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10 comments

  1. sarcrilege

    Do you want me to tinyURL you with a fun fact about the current England royal family and relatives as well as USG/banking/media/etc. leadership and with what tribe their bloodlines were tainted with from all of the cross-breeding done between the natives and slithering invaders that “care not who makes the laws for as long as they can print filthy confetti”? Let me know so I can be of service.

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  2. chuck bennett

    15% mongol, 45 % German, 10% Viking (masters of the Slavs) 30 % Russian Slav

    They are no more.

    Regards

    Chuck Bennett

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    • chuck bennett

      I’m counting all Slav as Russian, sorry Poles.

      There was a Greek Princess two in the past as well.

      Regards

      Chuck Bennett

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  3. dragun

    Putin Warns Of Global “Chaos” If West Hits Syria Again

    stop, or I’ll say stop again …

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  4. infinitezuul

    As I have been saying for weeks now, this Syrian nonsense is literal Fake News. Nothing new is happening in Syria. ISIS is being destroyed. CIA and their buddies outside the US Military are faking gas attacks to provoke Trump into following their agenda, but all that’s happening is more ISIS pockets, or if you would like – Friendly Moderate Rebel Dentists – are being sent to Allah.

    What was actually bombed? Clearly nothing of importance to Russia.

    ISIS positions?

    Just remember it’s all Fake News and Trump isn’t winning. He’s already won.

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    • juice

      nothing was bombed!? so then how do you explain that mushroom cloud of chemical and nerve agents blowing sky high, killing scores of civilians within a 2 mile radius?

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      • infinitezuul

        Nothing of value to Russia was bombed. I didn’t see anything regarding a mushroom cloud of nerve agents and scores of civilians dying, but if that did happen then it would seem a local moderate rebel dentist hangout was destroyed along with the friendly moderate dentists and their chemical weapons.

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        • juice

          exactly , no chemical or nerve cloud because there were none in those facilities bombed

          that’s what I call ‘mission accomplished!’

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          • sarcrilege

            You’re missing the point. The whole idea, as envisioned by that filthy hellhole Israel, was to hit nerve gas storages and kill as many untermenschen as possible. So, as far a Israhell is concerned, “failed mission”. Nobody died. That makes jews in Israel sad. Very sad.

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  5. juice

    @frog asked me to post for him/her this am .. he/she said “Fly is only posting this so no one would think he was Putin’s puppet”

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