SuffelStocks™ Day 14

By Brandon M. Suffel Contributor for Breakfast at Midnight April 21, 2020

Netflix reports a gross number of new subscribers–setting a new record–despite share price fall-out after hours. Snap Inc. reports strong Q1 earnings alongside Netflix. And, North Korean Leader Kim Jong Un’s health is deemed questionable after a reported previous heart surgery.

Follow the Twitter for live posts @SuffelStocks

Big Numbers for Netflix

Netflix Jobs

Netflix reported anew 15.77 million subscribers in their Q1 ER. Analysts expected only 8 million new subscribers. The COVID-19 (coronavirus) pandemic–affecting nations worldwide and forcing folks to stay home–is a catalyst to $NFLX and their record breaking results.

Netflix Q4 results of 2019 reported their first record of new subscribers projecting an estimate of 9.6 million new subscribers. Q1 of 2020 has now shattered that record.

$NFLX shares–despite the record breaking subscriber commendation–have dropped after-hours to almost $430 a share. And shares currently idly flow around $432.90 (-1.05%).

The Sydney Morning Herald

SNAP Inc. Soars

Snap Inc. to reportedly cut about 100 engineers, its largest ...

Even though $SNAP suffered a loss of 8 cents per share, shares after hours have soared in the market as investors suddenly want a slice of the pie. Wall Street estimated a lower; but near loss similar to today’s, only to be 7 cents a share, however $SNAP proved Wall Street wrong deliriously.

$SNAP reports Q1 revenue of $462.48 million – according to Investor Place.

$SNAP shares are volatile — reading $14.88. Shares have jumped $1.96/share (+15.90%) moving into after hours.

‘Grave Danger’ for North Korean Leader

Kim blasts officials during 'field guidance' visits | The Star Online

After missing his deceased Grandfathers celebration of birth on 15 April, Kim Jong Un, the ruthless leader of North Korea, has been said to be in grave danger after a previous coronary operation.

US Intelligence officials are closely monitoring the entire debacle resting on the leaders health. This is a challenging time and a test of Kim’s health in the midst of a worldwide pandemic. Meanwhile his people fight vigorously against the coronavirus pandemic. North Korea has reported zero-to-none coronavirus cases.

Closed as North Korea already is, it will be hard to tell or have real-time updates on Kim’s health. Military generals and officers–arguably the closest to him–will definitely know the entirety of his current condition.

CNN Politics

SuffelStocks™ Day 13

By Brandon M. Suffel Contributor for Breakfast at Midnight April 20, 2020

Netflix shares have an excellent day. They report their earnings for Q1 after the closing bell tomorrow 21 April. Pot stocks amid 4/20 display high results after the bell. And Oil futures–extraneous to the bullish volatile jerks today–experience their worst day since 1982 and the egregious Oil futures bottoms of then.

Follow me on Twitter @SuffelStocks

‘Netflex’

Kryptowaluty w serialu Netflixa - bitcoinpl.org Kryptowaluty Blockchain

Netflix-flexing on the other stocks on the market today on 20 April before their Q1 ER which are to be reported after the closing bell on 21 April. It isn’t uncommon or be-known that almost everyone is at home glued their favorite shows on Netflix. I for one am merely doing the so simple, accompanying the 167 million subscribers doing just that. It is certain there will be more subscribers using streaming platforms like Netflix since cable lacks sportscasting–now becoming almost extinct to the world of television approaching May. Albeit a new sports related documentary miniseries stunted enormous attention. A new release highlighting the Chicago Bulls 1997-1998 roster, The Last Dance, attracted positive reviews since its airing last night on ESPN 19 April. Since the debut, The Last Dance has earned itself a prosperous score of 100% rotten tomatoes. And eight episodes still remain in the miniseries. Devoted sports fanatics and religious basketball followers await for the next two episodes, airing late Sunday, 26 April. In the meantime, make sure to binge your ideal Netflix series until then.

Netflix $NFLX share prices elicited-enormous-exultation from investors after shares topped $442.31 after hours, consequent of a price/share incline of $19.35 (+4.54%).

Are you high right now?

Even though we’re experiencing arguably the worst period of time in our lives, it’s certain that today’s still the beloved holiday for weed-loving-and-smoking stoners world-wide, 4/20. Dispensaries nationwide are crowded with enthusiastic pot lovers who wish to let loose and get high then think about the good times. As I’ve mentioned before, “pot stocks” have experienced abeyance from the rest of the market crew. Their nimble ER’s and infelcitious performances have drawn the ensconce of abandonment. Today, however, my favorite pot stocks performed exquisitely. And hopefully, I won’t give up on them after today, since the weather has significantly turned beautiful from distasteful.

Aurora Cannabis Inc. $ACB shares broke $0.71/share overall jumping (+3.47%) today. Canopy Growth Corporation $CGC almost broke $15.25 a share (+0.99%). And the best report comes from Tilray, Inc. $TLRY (+4.44%).

Yes, I’m asking you, Oil.

US oil companies race to restructure debt | Financial Times

How do you explain what happened to Oil futures today, in one word?

Contango.

The future prices of our Oil fell negative as speculations burst. Some consisting of outrageous claims our storage of oil’s run out… Give me a break.

The oil contracts are negative. Period. And these contracts have a specific date for delivery. Companies who use oil, rely on these contracts. For instance, the airline companies who use oil to fuel their jets and airplanes!

NOT ALL OIL IS FREE. NOTHING IS FREE.

Oil (WTI) = Western Texas Intermediate crude Oil contract.

CNBCWith the coronavirus pandemic leading to unprecedented demand loss, and with storage tanks quickly filling up, there is no demand for this oil contract expiring Tuesday (MAY 2020 CONTRACT). That’s why it turned negative, meaning producers would pay to get this oil off their hands because there is no one that needs that crude this week with the country shutdown.

CNBCFutures contracts trade by the month. The contract for June delivery was 16% lower at $21.04 per barrel.

CNBCSo after the May contract expires on Tuesday, oil could be back above $20.

OIL (WTI) $CL_F rests at

$13.10

Dropping (-172.30%) or

$31.1000

Markets Insider Commodity Prices

SuffelStocks™ Day 12

By Brandon M. Suffel Contributor for Breakfast at Midnight April 16, 2020

Roku is going wild. Rumors of a Gilead Sciences Inc. and Acrus Biosciences Inc. merger parabolically affect their share prices.

Follow me on Twitter @SuffelStocks

Let’s go Roku!

Roku – Streaming players, smart TVs, wireless speakers & audio | Roku

Roku is known for their digital media players providing a variety of streaming services in each of their products. Roku’s been around since 2008, and they’ve been in homes competing with the $AAPL Apple TV and the Smart TV’s. Maybe you’ve never had a Roku device, or even seen one. I on the other hand, was fortunate to have one. My grandpa bought us a Roku to stream our favorite $NFLX Netflix movies and Hulu TV shows. And since then, Roku continues to provide a wide variety of new and improved products. If you want to stream your favorite movies and TV shows – on a reasonably priced device – I highly recommend a Roku! Let’s see how their share prices did today.

Roku share prices surged today, at a boost of $13.60 (+12.18%) a share. Last year, shares were only half of what they are now — approximately standing at $63.44 a share. A friend of mine who day trades professionally, finds Roku to be a religion of day trading. The stock continues to prove bears wrong, no matter the circumstances in the markets, be it bad or good. I find Roku to be a strong momentum player for day traders, and a superb investment for someone like me who wishes to compound interest with their savings – a bull.

It’s a Race with These Guys…

How remdesivir limits replication of coronavirus: New study shares ...

Remdesivr, a medicine being used by Gilead $GILD Sciences to treat coronavirus patients has been showing positive results fighting against the virus. Sending almost all patients home in less than a week – according to STAT. If the pace continues, and the treatments continue to successfully work, we’ll be out of lockdown in no-time. As Gilead Sciences continue to fight against the coronavirus, they’re also conducting business, as executives are rumored to be talking of a merger or accumulating a Bioscience company known as Acrus Biosciences Inc. $RCUS. I only know of this as a rumor, and I know these rumors caused both Gilead and Acrus shares to jump in price as bullish investors found this to be a good buy – and on the speculations.

Gilead Sciences Inc. $GILD shares rose $12.77 (+16.75%) a share today and Acrus Biosciences Inc. $RCUS shares went a littler higher, as share prices rose $14.12 (+90.06%) in trading hours and after hours ($GILD). Unbelievable. If $GILD continues to release positive news regarding their treatment for the virus, I wouldn’t be surprised if share prices continued to surge in the market in the following weeks… And if rumors are to be true, and $GILD is planning on purchasing or merging with $RCUS, shares could even reach even higher points. I’m keeping a close eye on these guys.