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Wednesday, February 7, 2024

Another Busy, Busy, Busy Day -- February 7, 2024

Locator: 46755B.

Sports Streaming Alliance (SSA):

  • none of is own sports content
  • simply an aggregator of other streaming networks
  • think of it this way:
  • "water hoses in": from multiple sources, EPSN, Fox,
  • "a virtual black box on top of your TV": "water hoses in, a single water hose out
  • "a single water hose out through your monitor
  • basically Fubo TV or Pluto
  • cost to replace free Fubo TV or free Pluto for sports: $40+
  • this $40 is on top of:
  • copper, fiber, satellite hook-up
  • a la carte for Hulu, Peacock, Netflix, Max
  • the $40+ fee for that virtual black box
  • and, then, get this, it's very possible one could pay twice for same streaming sports event
  • pay for the "water hose" coming in (ESPN, Fox, etc)
  • then paying for the "virtual black box," the SSA

SSA: later in the day -- it was reported that both the NBA and the NFL were "blindsided" on this announcment.

Economy on fire:

  • GDPNow
  • Liz Sonders
  • JPM 
  • market today -- apparently traders / investors seeing same thing
    • pre-market:
      • S&P up 21 points!
      • NASDAQ up over 100 points despite tech taking a breather
    • at the open
      • YUM up 10%
      • S&P 500 opens higher; nears 5,000
      • TGT at 9-month high
        • considers membership program like Amazon
        • suggests TGT's boardroom is "concerned, anxious

The downfall of Trump:

  • those appeals?
  • to appeal, the court requires cash to be deposited in escrow
  • as one example, that $83-million (possibly to be increased) judgment; to be appealed, that $83 million must be placed in a court-monitored bank account at 9% interest (NY -- needs to be fact-checked)
  • and that's just tip of the iceberg
  • and then there's Philip Esformes; wow 

House GOP now owns it:

  • the Southern Surge

EVs

  • Ford's wake-up call
  • Toyota: surging

Wind

  • Europe's wake-up call

Personal investing: bought ABBV today.

Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. 

All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them. 

Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.

Reminder: I am inappropriately exuberant about the US economy and the US market.

2 comments:

  1. Nice call on ABBV! Now, what ABBV should do is to buy out BMY. ABBV has a P/E of over 60; BMY a mere 12 or so. Would be immediately accretive to ABBV even at double BMY's current quote. And what do I know? Bupkis.

    ReplyDelete
  2. Yes, ABBV has been on my "bucket list" for awhile. Keep accumulating.

    ReplyDelete

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