The big news for me and insignificant news for everyone else is that my tree swallows have returned! I love seeing those guys come back year after year. Then I like watching them do battle with the bluebirds for who has the best birdhouse real estate in my backyard.
Back to business, I created a separate blog to chronicle my COIN short. COIN has a very GME/AMC/BBBY feel to it, where it should be trading much lower but it's kept afloat by clowns. I'm sufficiently loaded up in COIN puts and am looking forward to the Ripple Labs decision, and Coinbase SEC complaint. I expect the Ripple decision first, followed by a Coinbase complaint which I think will happen by the end of April given everything going on in the cryptosphere.
Earnings come to a screeching halt this week, with only a handful of names reporting.
Other News: Oil related names on watch as Saudi's announce massive oil cut, sending crude up 5%; Bloomberg reporting that APLS has received takeover interest;
Follow through names to watch:
TECK: +12% AT 41 on rejecting M&A offer and general energy strength;
APLS: +12% at 73.21 on M&A interest per Bloomberg;
SLB: +6.5% at 52.28 on oil move;
OXY: +5.4% at 66 on oil move;
Follow through watch:
Day before Y'day AMC:
Y'day Other News:
2 days ago AMC: RH
2 days ago BMO:
2 days ago Other News:
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