Morning Poppers (Trade and Die Edition)

Last night I found myself in front of Sears trading crypto currencies like some sort of degenerate, waiting out the cold, as my family made their way out from the god forsaken mall. If trading from 9:30 to 4 wasn’t enough, I’ve committed myself towards the small bucket list goal of converting a small sum of money into a very large one. I’ve dedicated a few clam shells into the cryptos with the intent of making it much larger. From my vantage point, one could quite easily turn, say $10k into $10 million over a period of a few short months.

Case in point, Bitconnect. I recently discussed this coin because state administrators shut them down for securities violations. The price, subsequently, drilled down from $350 to $5, and then the MUH community came together and quite literally said ‘just because the business is worthless, doesn’t mean it can’t be used as a MUH currency.’ The next day, Bitconnect swam higher to $50, a 10x move in a few short hours.

How wonderful.

Futures are pointing higher. I’m listening to WQXR classical FM (my morning ritual) with a hot hot cup of black coffee — eagerly awaiting the trading day.

Here’s some other shit that crossed the tape.

Kohl’s target raised to $100 from $66 at Jefferies
Helios & Matheson’s MoviePass unveils MoviePass Ventures, a wholly-owned subsidiary founded to co-acquire films with film distributors
HCLP +4.2% (increases quarterly distribution to $0.20/unit from $0.15/unit )
SQ +3.8% (Nomura raised tgt to Street high $64 (from $48))
FORD +75% (acquires product design and development company Intelligent Product Solutions)
NVIDIA target raised to Street high $275 (from $251) at BofA/Merrill on higher estimates following strong NPD gaming data; continued strength from crypto
Overstock.com: Kroger (KR) may be weighing a deal with Overstock.com, according to the NYPost