SNAP hitting public markets tomorrow.
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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

Tuesday’s Morning Look
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Tuesday’s Morning Look

Market Update: Stock futures are quiet ahead of Tuesday’s open as the market continues to flirt with record highs. Gary’s Thoughts: Very quiet but lots of  jello moving on the plate. Really watching the biotechs here after yesterday’s move. Tonight, the new president speaks. Economic Calendar: GDP 8:30 AM ET International Trade in Goods 8:30…

Thursday’s Closing Look
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Thursday’s Closing Look

Stocks were relatively quiet on Thursday after the new Treasury Secretary, Steve Mnuchin,  said a “very significant” tax reform will be passed by August. Mnuchin said, “We’ve been working closely with the leadership in the House and the Senate and we’re looking at a combined plan.” Stocks have soared since the election, thanks, in part,…