Amazon and Facebook both had blow-out numbers. But they got hit by day traders. Here’s the last five days.
Both companies’ stocks are now officially “on sale.” They’ll be higher in coming months.
I don’t know about Snapchat, the app (I personally think it’s stupid), or Snap, its parent. I do like this:
Snap lost $514 million last year and warns that it “may never be profitable.”
That’s something to be proud of?
Ask your kids about Snapchat. I bet they like it. This is what it can do:
Trump is loosening Dodd-Frank and doing away with the financial advisor fiduciary rule that says clients come first. (Strange idea?) Doing away with this rule will allow higher fees for advisors, banks, et al.
Banks are flying. I like JPM. The financial ETF is called XLF. It’s easy. A no-brainer. It’s also flying.
More on the fiduciary rule here.
You’re no longer a spring chicken
Don’t Do Stupid.
He is 47. He goes to the gym. He lifts weights. He’s been lifting them for eons. This time he hurts his back.
Is the damage forever? He doesn’t know. But it could be.
Time to lay off the weights. He’s no longer a spring chicken.
Watch out for the last step. Hold the banister/railing. Another friend just reported a painful fall on the last step.
LA LA Land is a great movie
It’s a love story with a happy ending — if you’re my wife — or a sad ending — if you’re me. But whoever you are, you’ll love it. Clean. No sex. No violence. An old-fashioned wonderful family movie. Take the kids. great dancing.
Farmers and technology
+ A man asks a farmer, “Sir, would you mind if I crossed your field instead of going around it? I must catch the 4:23 train.”
The farmer says, “Sure, go right ahead. If my bull sees you, you’ll even catch the 4:11 one.”
+ The farmer is holding the pig up to the tree while the pig eats the acorns on the tree.
A city slicker passing by says “Sir, there’s a better, more efficient way. We shake the tree. The acorns fall to the ground. The pig eats the acorns. This way you’ll save time.”
The farmer keeps holding the pig up to the tree replies, “What’s time to a pig?”
+ A farmer ordered a high-tech milking machine. He decided to test it on himself.
So, he inserted his “manhood” into the equipment, turned on the switch.
Quickly he found the equipment gave him more pleasure than his wife did. When the fun was over, though, he discovered he couldn’t remove his member from the machine.
He read the manual but didn’t find any useful information on how to disengage himself. He tried every button on the instrument, but still without success. Finally, he calls Customer Service with his cell phone (Thank god for cell phones!).
“Hello, I just bought a milking machine from your company. It works fantastic, but how do I remove it from the cow’s udder?”
“Don’t worry,” replied the customer service rep, “The machine will release automatically once it’s collected two gallons. Have a nice day! “
Donald’s favorite word seems to be “disaster.” Other than my tennis game yesterday, nothing in my life is remotely a “disaster.”
People in Australia, however, are pleased that Mr. Trump “is getting things done.”