Horrible ER from $DKNG. Draftkings finally turned profitable last yr and now @JasonDRobins decided to chase the prediction market model and set money on fire.
If the dems shut down sports prediction markets in 2028, this will go down as one of the worst business decisions ever.
Over the past three decades, the S&P 500 has finished higher from midterm election day to year-end in 6 of 9 midterm years, with an average return of +1.3% $SPX $SPY $VOO
Just for the 7th time in its trading history, $META triggered a golden cross. One month out, the stock was higher 100% of the time.
The stock is also less than 6% away from its all time high. The path of least resistance now is toward a new high.
Adding to $NKE ahead of earnings @ $35.39. Locking in a 4.6% dividend yield.
โThe safest and most potentially profitable thing is to buy something when no one likes itโ
- Howard Marks