AT&T in Sicko Mode


...some-some-some-someone said.

Thursday, September 19th | Issue No. 104

MARKET MOVES...

S&P 500: 3,006.73 +1.03 (+0.03%)

Dow Jones: 27,147.08 +36.28 (+0.13%)

Nasdaq: 8,177.39 -8.62 (-0.11%)

PRE-MARKET PLAY...

Travis Scott - "5% TINT"

IF YOU THINK YOU'RE LONELY NOW...

Wait until tonight.

That's the song AT&T (NYSE: T) is crooning to DirecTV right now as it's considering selling the subsidiary that it bought just 4 year ago.

WHY THIS IS HAPPENING...

AT&T has been giving DirecTV the side-eye since it's been losing subscribers left and right to streaming services like Netflix (NASDAQ: NFLX), Amazon (NASDAQ: AMZN) Prime, and more. Investors ain't bout that life and want AT&T to focus more on improving its actual business instead of buying playing big bank take little bank and buying up other companies. Another possible option is letting DirecTV merge with Dish Network (NASDAQ: DISH) since both specialize in satellite services but big brother a.ka. regulators are probably gonna Rosa Parks that recommendation simply by saying...

"Nah."

THE RETURN...

AT&T stock is up 24% so far this year.

FOR THE NEWB IN YOU...

Not too sure what a subsidiary is? Check out Issue 87.

I GOT 5 ON IT..

Now pass the bomb back.

Target (NYSE: TGT) has been giving customers 5% back on purchases for a hot minute and it looks like Walmart (NYSE: WMT) is ready to put 5 on it as well.

WHY THIS IS HAPPENING...

Wally World is partnering with Capital One (NYSE: COF) on a new credit card program starting next week that gives customers 5% back on purchases in-store and online. This new card will be clutch for customers as there are perks for eating out and simply just spending money which is better than the current card with Synchrony (NYSE: SYF) which offers nada. Walmart has been winning for a while now and continues to live its best life all 2019.

THE RETURN...

Walmart's stock is up 26% so far this year.

FOR THE NEWB IN YOU...

Not sure what an IPO is? Check out Issue 85.

Follow the money with our stock market newsletter, PAPERTRAIL, your daily dose of Wall Street flavor.

ALL EYEZ ON...

Interest rates.

Yesterday, the Fed announced it's cutting interest rates back 25 basis points (that's market slang for 0.25% since every 1 basis point = 0.01%) which means banks can borrow money for the L-O and let us consumers get in on the fun as well when we apply for loans. Since banks just had a major come up, it's only right to share a few that are stocks too.

Wanna hear it? Here it goes:

  • Banks: Bank of America (NYSE: BAC); Ally (NYSE: ALLY); Chase (NYSE: JPM); Capital One (NYSE: COF); Wells Fargo (NYSE: WFC); Citigroup (NYSE: C); American Express (NYSE: AXP); PNC (NYSE: PNC); SunTrust (NYSE: STI); BB&T (NYSE: BBT); Fifth Third (NASDAQ: FITB); M&T Bank (NYSE: MTB); Comerica (NYSE: CMA)

WHEN YOU TRYIN' TO GET SPONSORED...

You just make sure you learn all the stock market lingo along the way.

Not sure what all the "bullish' this and "market cap" that talk is about? Then don't get left in the dark and step your game up with this Investor Glossary. It's over 80 terms and definitions that'll not only help you level up your investing game but also help you become a force among your friends who may new to investing.

Not sure what they're talking about on CNBC, Fox Business, and all those other media outlets? Grab your copy here.

MORE PAPERTRAILS...

DID YOU KNOW...

The telephone company formerly known as Southwestern Bell is now known as what? (answer below)

WHO'S GOT NEXT...

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

  • Darden Restaurants (NYSE: DRI)

WATCH ME WORK...

9/18 - Bought 1 Crown Holdings Inc (NYSE: CCK) call option for $440.

9/18 - Bought 2 DICK's Sporting Goods (NYSE: DKS) call option for $240 each.

Follow my trades. (coming soon)

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.

NOW YOU KNOW...

AT&T.

Dr. Eric Patrick

Managing Editor | NUPE

SUBSCRIBE | ADVERTISE | SHOP | WATCH

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 #facebook #wework

  • Black Facebook Icon
  • Black Instagram Icon
  • Black Twitter Icon
  • Black YouTube Icon

© 2014-2020 Black Market Exchange, LLC

Website created by DocDesigns.