We Cookin' With Gas Now


...time to ghost ride the whip.

Tuesday, August 20th | Issue No. 90

MARKET MOVES...

S&P 500: 2,923.65 +34.97 (+1.21%)

Dow Jones: 26,135.79 +249.78 (+0.96%)

Nasdaq: 8,002.81 +106.82 (+1.35%)

PRE-MARKET PLAY...

Takeoff - "Casper"

GET DOWN OR LAY DOWN...

Tim Cook is now officially known as Mista Don't Play.

Looks like Apple (NASDAQ: AAPL) is ready to jump off the porch and get into the streaming service battleground with Apple TV+. Disney (NYSE: DIS) planned to drop its Disney+ service in November but Timbo just paid $6 billi for hella original content and is lookin' at other competitors such as Amazon (NASDAQ: AMZN) and Netflix (NASDAQ: NFLX) like...

WHY THIS IS HAPPENING...

Streaming has been the trump card of media broadcasting for some time and e'rbody and they mama has been going hard in the paint to control audience viewership. From Dish Network'S (NASDAQ: DISH) Sling TV and Comcast's (NASDAQ: CMCSA) NBCUniversal's service to Netflix and Disney's services, it's damn near a race to the bottom at this point.​

With the recent merger of CBS (NYSE: CBS) and Viacom (NASDAQ: VIA/VIAB); Disney buying up all of the MCU and Fox's (NASDAQ: FOX/FOXA) non-sports goodies; and NBCUniversal taking sole rights of theThe Office which accounts for over 7% of all content watched on Netflix, the line to grab streaming viewership is about to be longer than a sneaker release.

THE RETURN...

Apple's stock is up 33% so far this year.

KEEPIN' IT REAL...

Nothing to see here.

GET RITE OR GET LEFT...

Without any financial aid coming anytime soon.Rite Aid (NYSE: RAD) announced last week that it's bringing in a CEO but all investors could say was...

WHY THIS IS HAPPENING...

With the recent mergeRite Aid has been struggling to compete with CVS (NYSE: CVS) and Walgreens (NASDAQ: WBA) for a minute now and after Walgreens opted to not play its hand and buy up plenty of Rite Aid stores, the failing drugstore chain has been left with nothing but possibles ever since. The company has done everything from adding Amazon (NASDAQ: AMZN) mail lockers to considering telemedicine just to keep the lights on. The continuous lack of scaling to more scrilla could open doors again to a potential buyout.

THE RETURN...

Rite Aid's stock is down 20%+ since it announced its new CEO and is down 62% in total so far this year.

KEEPIN' IT REAL...

Nothing to see here.

OOOH I'M A KILL'EM IN THE MORNING...

With this fresh financial fabric. Have you grabbed your Invest tee yet?

Visit our shop and enter code 'PAPER10' to get 10% off your order.

MORE PAPERTRAILS...

DID YOU KNOW...

Green was selected for U.S. dollars because it’s the most resistant to fading, flaking, and discoloration​.

WHO'S GOT NEXT...

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

  • Toll Brothers (NYSE: TOL)

  • Kohl's (NYSE: KSS)

  • Madison Square Garden (NYSE: MSG)

  • TJ Maxx (NYSE: TJX)

  • Home Depot (NYSE: HD)

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 | Imaginary Player

Learn How to Invest in 5 Days

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 #apple #riteaid

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