Wednesday Morning Reads

Wednesday Morning Reads

Reads:

  • Starboard Value has taken a stake in MGM Resorts (MGM) and HG Vora has taken a stake in Caesars (CZR). NY Post Report
  • Tencent Music Entertainment Group (TCEHY) plans to cut its IPO listing by $2 bln. Reuters Report
  • AstraZeneca (AZN) wants to become broader healthcare company in China using robotics. Reuters Report
  • India plans to increase duties on steel (SLX). Reuters Report
  • Goldman Sachs (GS) was also subpoenaed in DoJ investigation into Tesla (TSLA). NY Times Report
  • Shipments of Apple (AAPL) iPhone XR could reach 20 mln in October. Digitimes Report
  • China will not weaken its currency to increase exports (FXI). Reuters Report
  • North Korea has agreed to allow outside inspectors to visit missile test sites (EWY). WSJ Report

News:

Futures:

Known to most as Uranium Pinto Beans, Jason has more than 15 years under his belt of trading stocks, options and currencies. His expertise primarily lies in chart analysis, and he has a strong eye for undervalued stock. Because he’s got the ability to identify great risk/reward trades he usually enjoys taking the path less traveled and reaping the benefits from the adventure.

He is a co-founder of Option Millionaires, and he is best known for his weekly webinars with Scott, as well as his high level training webinars and charts found in the forums.

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