Your daily source for trading strategies, tech news, and politically incorrect humor.
Fellow eMBers,
Your Morning Bullets are here. Let’s dive in.
INVESTOR INSIGHTS – Bitcoin rally continues…
Bitcoin is up 10 day in a row.
Take a look:
And Mike Novogratz is excited.
He is a former Goldman Sachs partner and Fortress fund manager.
And 2018 might have been one of his toughest years in investing.
Why?
His crypto fund, Galaxy Digital, has finally released the 2018 financial results.
And it’s not pretty.
Total loss (realized and unrealized) has grown to $272.2 million.
Can he turn it around?
He believes so.
In fact, he expects Bitcoin to triple over the next 18 months.
And return to its all-time high around $20,000.
Both Novogratz and I hope the rally will last…
YOUR SILICON VALLEY (LIBERAL) OVERLORDS
Over the past decade, Uber revolutionized transportation.
Interesting stat: Uber is the largest IPO since Alibaba in 2014. Of U.S.-based companies, it’s the largest since Facebook in 2012.
The opening price was $42.
And then the stock tumbled… which was quite unusual.
These are generally carefully calibrated offerings…
And when they don’t perform, it raises questions about investor appetite for money-losing tech start-ups.
By the end of the day, Uber’s market capitalization stood at $76.5 billion.
Let’s see if Uber is built to last…
TRUMP DERANGEMENT SYNDROME
The U.S. hiked China tariffs from 10% to 25% yesterday morning.
And it wasn’t a surprise.
But this week’s talks have amplified the differences between the two governments.
And securing a trade deal might get harder from here…
CRAZY THINGS LIBERALS SAY
SleepyCreepy Joe is in the news (almost daily).
And I read scary headlines about him.
Take a look at this one:
“Joe Biden Claims U.S. ‘Obligation’ to Give Illegal Aliens Free Health Care”
THE WRAP UP
I work 24 hours a day finding these stories for you, but I don’t want to charge for this service (unless you think I should… should I?)… the way you can help is by clicking below on some of partner offers I’ve hand-picked for you:
D1-z Income Streams – What You Need to Know
These Warehouses Hold the Key to a $3.1 Trillion Dollar Revolution…
The Clock is Ticking for America’s Most Hated Company
Have a great day,
P.S. We would love to hear from you. Please REPLY to this email and let us know if you find any interesting stories or if there’s anything different you’d like to see. Of course, if you want to say how much you love us, feel free to do so as well.
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