Oprah Doin' the Roy Purdy


...okay maybe not literally but her bank account is surely dancing.

Monday, August 19th | Issue No. 89

MARKET MOVES...

S&P 500: 2,888.68 +41.08 (+1.44%)

Dow Jones: 25,886.01 +306.61 (+1.20%)

Nasdaq: 7,895.99 +129.37 (+1.67%)

PRE-MARKET PLAY...

Quality Control feat. Offset and Playboi Carti - "100 Racks"

NOW WATCH ME WORK...

On helping kids form healthier eating habits.

That's who at least the company formerly known as Weight Watchers (NASDAQ: WW) is now targeting. The "feel the burn" company is now trying to get a lil sizzle among adolescents ages 8 to 17 years old with its newly acquired app, Kurbo, but nutritionists ain't bout that life.

WHY THIS IS HAPPENING...

With a cosign by Stanford University's pediatric obesity program, Kurbo helps kids track their food consumption using a red light green light framework so they know if they're living their best life or no longer approaching #HotGirlSummer levels. They can even consult a virtual coach but mom and pops are going to have to come off some coins ($69/mo) for these sessions.

On the flip side, nutritionist believe this may promote bad relationships between kids and food and doesn't provide any receipts in regards to what truly makes food choices good or bad.

THE RETURN...

WW's stock is down 30% so far this year.

KEEPIN' IT REAL...

Mergers and acquisitions (M&A) refers to the consolidation of companies to form one whether both companies combine into one entity or still remain separate businesses in the public eye.

BOYZ N THE GOOD...

Either they don't know...don't show...or don't care about what's going on with The Bean Bag Boys.

Comcast's (NASDAQ: CMCSA) Universal Pictures is winning big time after the release of Good Boys this past weekend which became the first R-rated comedy to top the box office since 2016 beating out its play cousin Hobbs & Shaw. Rumble, young men, rumble.

WHY THIS IS HAPPENING...

The last time a R-rated comedy hit numero uno at the box office was Melissa McCarthy's The Boss (also by Universal Pictures) and have since been relegated to the chitlin' circuits on TV and streaming services. Universal Pictures is also behind Girls Trip, Little, and Night School. Sony's (NYSE: SNE) The Angry Birds Movie 2 nor 47 Meters Down: Uncaged by AT&T's (NYSE: T) Warner Bros. couldn't keep up with the joneses trailing Good Boys by at least $10MM at theaters.

THE RETURN...

Comcast's stock is up 26% in 2019.

KEEPIN' IT REAL...

Check back tomorrow.

MORE PAPERTRAILS...

DID YOU KNOW...

Only 59% of Americans think that predicting a stock's price is tough.

WHO'S GOT NEXT...

Companies reporting earnings today about how much paper they're stackin' (or losing) and new things to come:

  • Baidu (NASDAQ: BIDU)

  • Estée Lauder​ (NYSE: EL)

SHOW SOME LOVE...

Have a great financial tip to share or a question that Sway can't answer? Reply to this email with your tip or question, and it could be featured in a future issue.

Dr. Eric Patrick

Writer | Got shirts? (10% off with code 'INSTA10')

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Disclosure: This editorial is by no means a solicitation to buy or sell any of the above-mentioned securities. It is merely a means for educational purposes. All investors are subject to their own research and due diligence. This post may contain affiliate links and we may receive commissions for purchases made through links in this post.

#investing #papertrail #weightwatchers #comcast

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