Dow on pace for BEST June since 1938! Jun 24, 2019 View in Browser Your daily source for trading strategies, tech news, and politically incorrect humor. Dear eMBers, I got back from my NYC on Saturday.
Your daily source for trading strategies, tech news, and politically incorrect humor.
I got back from my NYC on Saturday. It was a great trip.
I met with various media companies and I saw a few of my friends.
But the weirdest thing I saw was this:
A weed candy bus…
Now, let’s dig in.
INVESTOR INSIGHTS – Markets are UP
Dow is up near its all-time high.
Gold is up over $1,400.
Oil is up over $57.
Bitcoin is up over $10,000.
It seems like all markets are rallying.
President Trump is going to the G-20 meeting later this week.
The G-20 meeting will be held on June 28 & 29, 2019 in Japan.
I expect it will dominate the news next weekend.
And I think we’ll hear a lot about the ongoing U.S / China trade talks.
In the meantime, enjoy the rally.
Stocks Are Sitting Pretty Heading Into Summer
YOUR SILICON VALLEY (LIBERAL) OVERLORDS
Slack started trading on Thursday, June 20, 2019.
The reference price was set at $26. But Slack opened much higher and climbed as high as $42.
Slack’s market cap now sits well above $20 billion, or nearly 3 times its most recent private valuation of $7 billion.
According to Tech Crunch, Slack co-founder and chief executive officer Stewart Butterfield is now a billionaire (he’s worth $1.6 billion).
And other key shareholders also made billions.
That’s incredible. Investing in private companies could lead to home runs.
On Saturday, I talked about a private placement I’m personally watching.
If you want to watch the presentation on Wednesday, June 26, automatically sign up here.
TRUMP DERANGEMENT SYNDROME
Jim Acosta’s new Anti-Trump book called Enemy of the People is not doing well.
After less than two weeks in release, the book has plummeted to #453 on Amazon.
Take a look…
Jim Acosta is the White House correspondent for CNN aka Crappy News Network.
He’s been caught lying many times. And he prides himself on dishonesty.
He publicized his book all over CNN… but unfortunately, no one watches CNN.
By comparison, Mark Levin’s Unfreedom of the Press book is #5 on Amazon Top 100.
Good job, Jim. Now you know it isn’t just Trump supporters who think you’re a joke.
CRAZY-INTERESTING OR RIDICULOUSLY-WEIRD
Avengers Endgame is going for the record…
Avengers Endgame: $2,749,603,966
Avengers need $38.4 million to pass Avatar’s total.
And they are planning a re-release on Friday. They will add a deleted scene, a little tribute, and a few surprises at the end.
And now take a look at Adam Savage.
He built a real Iron Man suit that flies…
Crazy or Weird
ADDITIONAL READING AND RESOURCES (ARR)