Haaaaaaa haaaaaaaaaa Wow really "BIG" GDP #!!!! Missed missed missed 2% ...watch out...I even think hat number is made up....slow down is coming...China slows and the rest of the world follows!!!!! Guess mnuchin was looking for a 3 handle....oooops Treasury Secretary Mnuchin says he's expecting a 'big' GDP number Tae Kim | @firstadopter Published 8:13 AM ET Wed, 27 June 2018Updated 21 Hours AgoCNBC.com Treasury Secretary Steven Mnuchin says the U.S. economy is strong due to President Trump's tax plan and deregulation initiatives. Mnuchin expects a "big second quarter GDP number." https://www.cnbc.com/2018/06/27/treasury-secretary-mnuchin-says-hes-expecting-a-big-gdp-number.html
He knew what the # was, and most likely positioned accordingly. Look at that guy, i mean come on, hes no Paul O'Neill
So amazon buys a small company for probably a billion bucks and CVS and wallgreens lose billions in value..... Not for nothing but this whole amazon taking over the world thing is getting very very very very redundant...... The amount of loss market cap on these two today is quite ludacris.... Walgreens, CVS and Rite-Aid lose $12 billion in value after Amazon buys online pharmacy PillPack Shares of Walgreens Boots Alliance, CVS Health and Rite Aid plung as investors worry a new deal by Amazon to acquire online pharmacy PillPack will disrupt the drugstore market. PillPack is licensed to ship prescriptions in 49 states and likely booked more than $100 million in revenue last year. The three pharmacy stocks collectively lost $12.8 billion in market value on Thursday alone.
Still though....just that headline from yesterday made it appear that third quarter estimates should have been well above 2.5%
Shorting oil.....will continue to do so...high oil prices are a joke with the amount that they are pumping out here and abroad....all a joke....and Im sure if oil gets too high Mr president will step in ....
A possibility however with so many bulls and no bear market in 10 years I don't know how likely that is...