Don't call it a comeback

[The beef 675] [I'm an image] “Robinhood out here doing God's work and saving people from themselves.” Jason Hey there carnivores, Markets bounced back to start the week, in hopes that the Fed will lower interest rates this month. Today we’re talking a little financial stimulation. Keep raging, Jeff & Jason [Image] [I'm an image] Don't Call it a Comeback The finance gods answered market participant’s prayers. Stocks rebounded after their worst week since the financial crisis. The markets fired on all cylinders largely [due to rising expectations]( that the Federal Reserve would cut rates in its upcoming meeting and additional quantitative easing may occur around the globe. The Dow had its largest one day point gain in history, rising nearly 1.3k, and had its largest percentage increase (5.1%) since ‘08. Sup Hank Paulson. The Nasdaq and S&P both rose at least 4.5% as well, having their best days since 2018. China data Manufacturing data came out of the People’s Republic, where China’s PMI, which measures economic trends in manufacturing, [came in at 40.3](. For reference… a score of 50 shows expansion, so justttt a bit outside. Its PMI level even dropped as low as 35.7 in February, showing the economic impact that the coronavirus has had on the world’s second-largest economy. Can’t work with a little cold? The negative economic data from across the Pacific actually had a positive impact on trading, as investors suspect that China’s lowest PMI level ever will invoke some intervention from the People’s Bank of China, and likely from other central banks around the globe. Looking at you, Jay Pow. The bottom line... FinTwit lost its collective sh*t yesterday ... and not because it bought the f*ckin dip on Friday. The Robinhood app that has captured the hearts of millennials [experienced a system-wide outage](, which took up most of the trading day and at the time of writing had still not been resolved. It’s likely that the higher than normal trading volumes were the cause for the crash, as some clients that used Fidelity, Charles Schwab, and TD Ameritrade reported issues last week during Tuesday’s 800+ point drop of the Dow. Turns out free trades are only good when you can actually submit them. [I'm an image] While The S&P 500 ETF Plummeted by 11.6% Last Week Ben Sturgill Experienced Total Gains of 358% He’s Not Trading Biotechs or Penny Stocks… He’s Trading The S&P 500 ETF! [Image]( Find Out What He’s Doing So Differently… Join Ben Live, TONIGHT at 8 PM ET [Register Today]( [I'm an image] ☑️Bailing. Heading my way? Waymo, Alphabet’s self-driving car project, got a little help from its friends for the first time in its 11-year history. Help came in the form of a [$2.25B investment]( from external investors. See what happens when you just ask? The round, announced Monday, was led by Silver Lake, who was joined by the Canada Pension Plan Investment Board and Abu Dhabi’s Mubadala Investment Co. Alphabet, the Google-parent, has kept its investments in Waymo to date close to the vest, and will still be the majority owner. Waymo has said it will use the investment to add positions to the firm, which already employs 1,500 people, and build out the delivery service, Waymo Via. ☑️ In DAZN. John Skipper’s been busy since leaving ESPN. The Worldwide leaders’ former CEO is planning to take his new sports-streaming service, DAZN (pronounced “da zone”), on a world tour. The boxing focused service is [prepared]( to launch a global edition that will be available in more than 200 countries around the world. And will somehow still have its pay-per-view fights illegally streamed by poor college kids. Skipper is making the first move to garner an international audience, something Disney’s ESPN+ has yet to do, as it’s still primarily focused in the US. Currently, DAZN is available in Germany, Austria, Switzerland, Italy, Spain, Japan, Brazil and Canada, much like coronavirus. ☑️ Makin’ music. Spotify is ready to flex on the music industry. The streaming service is shaking down record labels and artists in order to have their songs advertised through Spotify’s app. The selling point, if you ask Spotify, is that artists will be able to reach new fans and gain popularity. The downside, if you ask artists and labels, is that they barely make any money from Spotify, to begin with. The new service, [called Marquee](, sends those sweet, sweet notifications to users when artists drop new music, and a number of artists have already taken the plunge. Justin Bieber and Lil’ Wayne have already tested the waters, and you can bet there will be more to come if they don’t want their music buried at the bottom of Spotify’s endless library. ☑️ Shaking things up. Rajeev Suri is disconnecting, as the Nokia CEO announced he’d be [stepping down]( on Monday. Suri will hand the reins over to Pekka Lundmark on September 1st, and Lundmark will be tasked with righting the ship. Part of the exit package included unlimited lives in Snake. Nokia has been in the trenches with Ericsson and Huawei as it races to support 5G technology. In November, it saw a 20% stock price drop after it told investors it would be halting dividends to put more resources into its 5G efforts. Those investors love their dividends, don’t they? RagingBull, LLC 62 Calef Hwy. #233, Lee, NH 03861 Neither Raging Bull nor RagingBull.com, LLC (publisher of Raging Bull) is registered as an investment adviser nor a broker/dealer with either the U. S. 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