PRE MARKET
Another gap to the upside today. Yesterday, late day buying stepped in to halt early selling. Nothing wrong with that.
It is earnings season. Lots of jello moving on the plate. BAC not so good this morning. GS not so good yesterday. JPM good on Friday. Expect a lot of that.
NETFLIX upgraded this morning. NETFLIX had a bad reaction to Disney’s news on streaming. What interests us is this upgrade comes this morning even though NETFLIX reports after the close. Really! This analyst knows what they will report and how it will react.? Don’t you love a 50-50 coin flip, guessing game on Wall Street?
LYFT closes near $56…a continued disaster that will not help UBER.