[The beef 675]
[I'm an image]
âLetâs make some money off of this pandemic.â - Jeff
Hey there carnivores,
Markets were mixed Monday.
Today weâre talking about the stay-at-home product boom.
Keep raging,
Jeff & Jason
[Image]
[I'm an image]
If you can stream it...
Rokuâs stock was on fire yesterday as the streaming technology company reported positive user growth and [a 49% jump]( in hours streamed for Q1.
"Pshh, those are rookie numbers" - every "adult entertainment" site
The stock price gained 4% on the day, and another 11% after hours. Not unlike Rokuâs usage on a typical workday.
Letâs dive in
In case you were never exactly sure what Roku does, here ya go: itâs the OG streaming platform and operating system (think: Google Chrome for your TV) that allows you to watch apps like Netflix, Hulu, and even cable programs right on your TV. Yes, even dumb ones.
Despite the recent boom in streaming services, Rokuâs stock had [cratered from a high of $170]( in September to just above $63 in Mid-march. Who knew a pandemic could save a company?
Roku hasnât reported Q1 numbers yet but it estimates that users streamed for 13.2B hours during the first three months of the year, an increase of 49% from the previous quarter, which included the holiday season (another instance where you're stuck inside with people you dislike). The company also noted that 3M new viewers joined the platform as of March 31, bringing total active users up to 39.8M.
As is the trend for pretty much every company these days, Roku did not provide guidance for the full year, though its Q4 2019 estimate was calling for 2020 revenue of $1.6B.
Netflixinâ on em
Not to be outdone by Roku, Netflix's stock skyrocketed 7% and reached a [52-week high](, closing at $400.51. The Blockbuster-killer (*pours one out*) didnât put out news, issue guidance... or announce that 'The Office' isn't leaving, but investors are flocking to the stock as users have had plenty of time to watch that psychopath Carole Baskin lie about feeding her husband to tigers.
The bottom line...
Despite last week's impressive market run-up, gains in this environment have been a story of the âhavesâ and âhave-nots.â That is, if your core demographic includes "people sitting at home looking to waste time," investors are piling in.
But companies not named Roku, Netflix, Amazon, and Zoom continue to face "headwinds" (read: they better be praying to the Fed gods). Need proof? According to a WSJ 295 companies have [pulled their full-year guidance]( as of April 10th, heightening investor's concerns with earnings season on the horizon.
Of course, this is only the tip of the iceberg when it comes to earnings uncertainty. The economy and markets face a long road to recovery. Isn't that right, Dr. Fauci?
[Image]
Urgent: Live event starts tomorrow
Learn How This Part-Time Strategy
Produced A 90% Win Rate and Triple-Digit Total Gains
During The Most Volatile Time In Market History
[I'm an image](
Join Ben Sturgill Live This Wed, April 15âLIVE
Register Early And Receive The Special Bonuses.
[Sign Up Here](
[I'm an image]
âï¸ Quibi: an underdog story. The little streaming service that could...
Mobile streaming service Quibi launched its short-form video platform last Monday and is [celebrating its one weekiversary]( (surprisingly a real word... thanks clingy GFs everywhere). The new app saw 1.7M downloads during those first seven days, reportedly exceeding expectations of CEO Meg Whitman (probably by 1.6M).Underpromise. Overdeliver.
Getting into the details, 80% of users who started watching a show completed the entire first episode⦠showing that even in this day and age users can manage to pay attention for ten minutes. Itâs a good start for Quibi but makes you wonder what the long term plans are for competing with the behemoths of the industry. 300k users installed the app on Apple and Android devices on day one, falling juuust shy of Disney+âs 4M day-one downloads.
âï¸ Rumors. The iPhone is supposedly [getting a facelift]( in its next release. Throwing it back to the iPhone 4 and 5, the latest design would have angular sides and flat screens, which is also similar to the latest iPad models.
There will allegedly be four new iPhone models debuted this fall, with two higher-end ones to replace the iPhone 11 Pro and iPhone 11 Pro Max. At least one of these higher-end models will have an even larger screen than the 6.5 inches⦠but odds are none of them will really give the people what they want. A HEADPHONE JACK.
âï¸Spare some miles? Iâm not sure if youâve noticed, but nobody has been flying lately⦠heck, even Superman is staying home instead of taking to the air. This means that airlines [are in a cash crunch]( and, thus, getting creative. Delta and United are considering selling miles at a discount in exchange for cash from their credit-card partners, American Express and JPMorgan. Can you be any more desperate?
Airlines sell miles all the time, but this would be different, as the banks would bulk buy the miles ahead of schedule instead of as cardholders accrue points. And while this would give the airlines cash now, it would forego the future revenue. Sounds like the airlines should call JG Wentworth.
âï¸ Youâre hired! Letâs face it: 2020 has been a sh*t year for almost everyone⦠everyone besides Mr. Jamie Iannone, who [just got hired]( to be the new CEO of eBay. Heâll make his return back to eBay at the end of April, where he spent nearly eight years as a VP. They selected the Buy Now option this time.
So whyâs his year been so good (besides the obvious news)? Well, this is his second promotion YTD. He had just been promoted to lead Walmartâs stateside e-commerce business in late February after crushing it as CEO of SamsClub by growing membership and sales. Itâs nice to see at least one personâs New Yearâs resolution is coming true.
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. Securities & Exchange Commission or any state securities regulatory authority. Users of this website are advised that all information presented on this website is solely for informational purposes, is not intended to be used as a personalized investment recommendation, and is not attuned to any specific portfolio or to any user's particular investment needs or objectives. Past performance is NOT indicative of future results. Furthermore, such information is not to be construed as an offer to sell or the solicitation of an offer to buy, nor is it to be construed as a recommendation to buy, hold or sell (short or otherwise) any security. All users of this website must determine for themselves what specific investments to make or not make and are urged to consult with their own independent financial advisors with respect to any investment decision. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. All opinions, analyses and information included on this website are based on sources believed to be reliable and written in good faith, but should be independently verified, and no representation or warranty of any kind, express or implied, is made, including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. In addition, we undertake no responsibility to notify such opinions, analyses or information or to keep such opinions, analyses or information current. Also be aware that owners, employees and writers of and for RagingBull.com, LLC may have long or short positions in securities that may be discussed on this website or newsletter. Past results are not indicative of future profits. This table is accurate, though not every trade is represented. Profits and losses reported are actual figures from the portfolios Raging Bull manages on behalf of RagingBull.com, LLC.
If you no longer wish to receive our emails, click the link below:
[Click Here to stop receiving emails from support@ragingbull.com](
[Unsubscribe from all RagingBull emails](