Your daily source for trading strategies, tech news, and politically incorrect humor Nov 2, 2019 View in Browser Your daily source for trading strategies, tech news, and politically incorrect humor.
Your daily source for trading strategies, tech news, and politically incorrect humor
Your daily source for trading strategies, tech news, and politically incorrect humor.
Dear eMBers,
Your Morning Bullets are here. Let’s dig in.
INVESTOR INSIGHTS – Market Update
It was hard to decide which category to put this one in.
Because it’s great market news.
But it’s also a clear Trump Win.
The October jobs report was a HUGE victory for us all.
The economy added 128,000 new jobs in October.
And the reports for September and August were both revised up.
Despite some manufacturing losses, even those numbers were less disappointing than expected.
And the markets LOVED it.
The S&P once again broke it’s record highs. It closed at 3,067.
The Nasdaq ended at around 8,386, another record high.
And the DOW was up 301, closing at 27,347.
Read more here.
YOUR SILICON VALLEY (LIBERAL) OVERLORDS
So, what’s the only thing that could make PG&E worse than it is now?
A state takeover of the utility.
But that’s what California Governor Newsom seems ready to do.
He’s working to jump start the bankruptcy talks.
Negotiations could start early next week.
According to the article, he’s envisioning “a future in which the state takes an active role in restructuring the California’s largest utility.”
“If the parties fail to reach an agreement quickly to begin this process of transformation, the state will not hesitate to step in and restructure the utility.”
TRUMP DERANGEMENT SYNDROME
Even Democrats aren’t falling for Warren’s Medicare for All campaign push.
The more information that emerges, the less they like it.
Especially middle-American moderate Democrats that she needs to swing.
“This is going to cause down-ballot damage in swing districts and states if she’s the nominee,” one vulnerable Democrat explained.
Warren is promising that “not one penny in middle-class tax increases” will be needed to finance it.
But few are falling for it.
Source: Politico
And even Pelosi is against it.
Scott Reed had this to say. “Warren and the progressives are causing a real political problem for pro-growth, pro-business Democrats.”
Progressives don’t really seem to care what moderate voters think.
But Joe Biden had plenty to say about the plan’s weaknesses.
“She’s making it up.”
He took a look at the math and quickly saw that it spends way more than it takes in.
Find out what everyone has to say.
Read more here.
Big News from Trading Legend Jeff Clark
For the past 36 years, I’ve used options to help people make millions of dollars.
So you may be surprised to hear that I’m making a big change.
For the first time, I’m telling people to start trading a small group of tiny stocks.
That’s right… not options, but stocks.
Why on earth am I doing this? After all, don’t options offer you the biggest bang for your buck?
I explain everything here…
Trump is racking up the wins.
The recent jobs report was just one of them.
Now, his move from New York to Florida is another.
And it isn’t just his tax bill that will get relief.
There are plenty of political advantages to making the move to Florida.
Winning Florida is a must for a 2020 win.
And in addition to making a move there, he’s been pouring time and resources into the state.
He even kicked off his re-election campaign in Orlando.
This latest move (pun intended) would make Trump a for-real Florida Man. And could sway voters to get out and show their support.
Read more here.
CRAZY-INTERESTING OR RIDICULOUSLY-WEIRD
Karma has a way of catching up.
In Indonesia, one man is learning a painful lesson.
His name is Mukhlis. He’s a deeply conservative man. One of his career highlight?
Passing a draconian law that punishes adultery with a public flogging.
Source: CNN.com
Guess who just took 28 lashes in front of a large crowd on Thursday.
Yep, Mukhlis.
The lesson?
“No matter who you are… if you violate law you will be whipped.”
Wonder how he feels about the push for this law now?
Crazy or Weird?
Read more here.
ADDITIONAL READING AND RESOURCES (ARR)
Thanks for reading today and being a loyal subscriber.
Your biggest fan, Frederick Frost
P.S. We’d love your opinion.
How useful did you find today’s Morning Bullets?
Not useful – It was ok – It was good – Very Useful
12.6% 13.5% 47.1% 26.8%
Note: Percentages are updated once per week on Sundays and include all feedback since inception.
|
Author: Fredrick Frost
Fedrick Frost is the Editor-in-Chief of Morning Bullets. He mainly writes about Politics, The Economy and breaking news. With over 35 years in jounralism he has been influential in helping the morning bullets newsletter readers be informed every morning.
View all posts by Fredrick Frost