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Author:

Jester Debunker

Subject:

News

Date:

12/06/18 at 10:51 AM CST

 

 

READ: 4

RPLY: 5

0

0

RECS:0

Sentiment:

Neutral

Reply to:

MSG`#4829,`12/06/18
By LongTerm CapGains

 

Re: Huaweii CFO Arrested in Canada

What a disaster. The market is down about 3% from where the futures were before this arrest news broke.

Now the buffoon has put himself in a box. Either he releases her to save the China negotiations and with it the stock market and avoiding it being red for the entire year, or he shows he's unwilling to enforce the Iran sanctions, which he put in place when he stupidly ripped up the existing Iran deal. How ironic btw, the difference in response from Trump to Khashoggi being murdered, and a woman allegedly defying a sanction.

I'm counting on ATVI having bottomed. It's been inching up on big volume last couple of days while the market tanked. I wonder if that's short covering. I like them the best out of the three including EA and TTWO. EA for reasons already discussed, and TTWO because the monetization for RDR2 looks unclear and that's surely a big anticipated earnings driver in the next year or two  while they take forever to release games.

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