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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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