Big bull market in private prisons!
SOURCE: http://www.foxbusiness.com/markets/2017/02/28/private-prison-firms-gain-as-trump-plans-to-crack-down-on-crime-illegal-immigration.html
SNAP hitting public markets tomorrow.
SNAP loses lots of money. Business has been slowing. If this was a pipe company, it would be coming public at 1/4 of the price but it is not a pipe company. Valuation is out there but emotion is emotion and price is price. We shall see tomorrow. SOURCE: http://www.foxbusiness.com/markets/2017/03/01/snap-to-price-long-awaited-ipo-amid-signs-brisk-demand.html
More pre-market thoughts
Remember that good looking bottom bonds have been making. Bonds gapping down today. Remember our reporting of subtle distribution with small caps under-performing. Well…they still are but we get a decent sized gap to the upside this morning. We guess speeches do have consequences. The market is not even open yet but nice start. Gaps…
Carryn Owens…May your husband Ryan rest in peace!
SOURCE: https://www.youtube.com/watch?v=z_3FR6FrTEk
Tax cuts? Not so soon?
SOURCE: http://nypost.com/2017/02/28/jamie-dimon-trump-wont-get-tax-reform-done-this-year/
PRE MARKET NOTES
Futures up nicely coming off of President Trump’s address to the nation. This occurs often as the nation comes together (hopefully) for at least a day. All major indices remain above support and moving averages. Until that changes, market gets benefit of the doubt. Blow up du jour: Palo Alto Networks (PANW) down a whopping…
Tuesday’s Closing Look
Stocks fell on Tuesday as the world waited for President Trump to deliver his first official speech to Congress. Economic news was mixed. The second reading on Q4 2016 GDP came in at 1.9%, missing estimates for 2.1%. The S&P Corelogic Case-Shiller Home Price Index came in at 0.9%, beating estimates for 0.7%. Elsewhere, Chicago PMI…
Listen To Tuesday Investor’s Edge Radio Show: 02/28/2017
Listen To Tuesday Investor’s Edge Radio Show: 02/28/2017 Click Here: https://archives.warpradio.com/btr/investorsedge/022818.mp3
Keep mandating higher wages!
SOURCE: http://www.dispatch.com/news/20170221/wendys-to-install-ordering-kiosks-in-1000-stores-this-year
‘Authentic’ Food Is Not What You Think It Is
https://www.bloomberg.com/view/articles/2017-02-24/-authentic-food-is-not-what-you-think-it-is