Hit pause

[The beef 675] [I'm an image] "Hey, at least you made out with a new air fryer thanks to Prime Day." - Jeff Hey there carnivores, Markets were down on Tuesday after bank earnings, more stalled stimulus talks, and a coronavirus vaccine hold up slowed things down. Today we’re talking Johnson & Johnson and Eli Lilly getting put on hold. Keep raging, Jeff & Jason [Image] [I'm an image] Taking a break Johnson & Johnson is [pumping the brakes]( on its Phase 3 coronavirus vaccine trials after a participant became "sick"... presumably to their stomach after remembering their compensation is $15 and a J&J drawstring bag. "Serious adverse events" are common during clinical trials, according to J&J. For what it's worth, they also claimed that their baby powder was "totally safe." However, J&J can resume if it’s determined that the illness was unrelated to the vaccine (read: not COVID). The news comes as J&J released earnings that normally would have had investors buzzing. Those earnings came in at $3.55B, or $1.33 a share, almost double the $1.75B from a year ago. The pause took precedence, however, and shares fell 2.29% on the day. Join the club Eli Lilly put a pin in its vaccine as well, [halting]( the Phase 3 trial of its leading monoclonal antibody treatment, aka, the same type of drug that DJT was pumped full of at Walter Reed. The difference, though, between J&J and EL is that the US government put the kibosh on Eli. US regulators say the shutdown was due to “potential safety concerns.” Oh, like injecting the blood of someone with a positive test into an otherwise healthy individual? The bottom line... Markets, unsurprisingly, didn't take too kindly to news that two leading 'rona inoculations could help eradicate the virus... but potentially kill human beings in other, more inventive ways. All three major indices [fell]( on the day, with the Dow, S&P and Nasdaq dropping 0.55%, 0.63%, and 0.10%, respectively. A rise in ‘rona cases and more stalled stimulus talks probably didn't help either. [I'm an image] In On Monday, Out By Wednesday… In On Wednesday, Out By Friday… [Alternate text]( Two Opportunities To Double Your Money Each Week - Handpicked By Top Trader Nathan Bear Join Him LIVE Today At 2 PM ET To Get The Complete Details [Book Your FREE Seat Here…]( [Alternate text] ☑️An apple a day. Apple announced [the launch of its new iPhone 12](, as expected, yesterday. Well, technically, it announced the launch of four new iPhone 12s, all equipped with 5G compatibility that will allow you to download adult films on your phone at break-neck speeds. The new iPhone 12 Pro Max costs $1,099 but fear not, Tim Cook has something for every tax bracket. The bottom of the barrel "Mini," which is probably just a refurbished iPhone 5, will start at $699. Apple also announced a $99 HomePod for reasons that aren't entirely clear. Investors weren’t too impressed. Apple's stock price dropped 2.65% on the day. Service providers, however, benefited thanks to their 5G capabilities. T-Mobile, specifically, rose 1.25%. ☑️All I do is win. The world economy: "There's no way this year could get any worse..." World Trade Organization: "Challenge accepted." The EU won the right [to place $4B worth of tariffs]( on US goods thanks to subsidies Uncle Sam gave to Boeing. The move threatens to escalate the trade feud between the US and its frenemies across the Atlantic. The World Trade Organization's ruling follows a decision it made last year allowing the US to impose $7.5B worth of tariffs on goods from the EU. That ruling was related to state aid provided to Airbus by Britain, France, Germany, and Spain. ☑️Stuck on the runway. Delta [reported]( a net loss of $5.4B. For those of your keeping track at home, that brings its total loss this year to $11B. Revenue was $3.06B compared to $12.56B last year... and it gets worse. CEO Ed Bastian doesn’t see the company’s revenues bouncing back for two years. On the plus side, Delta was able to cut its cash burn by 44% from $43M to $24M per day in the third quarter. Not to mention, jet fuel is priced to move. ☑️Roll credits. Movie theater owner AMC may be on the outs. The company warned investors yesterday that [it could run out of money]( by early 2021. Naturally, shares tanked 7% on the news, and it didn’t stop there. Shares closed down 13%, and dropped another 5% in after hours trading. It’s been a rough year for AMC as production companies have held back on movie releases and nobody has been going to theaters. The US’ largest movie theater owner was able to open 494 of its 598 theaters, but have only been able to operate at 20% to 40% capacity, so they aren’t exactly raking it in. To make matters worse California, New York, North Carolina, and Maryland have remained closed. Those states made up 25% of the company's total revenue last year. AMC is in talks to take on more debt. RagingBull, LLC 62 Calef Hwy. #233, Lee, NH 03861 DISCLAIMER: To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website,application or other service ("Services"), please review our full disclaimer located at [(disclaimer. FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. AnyRagingBull Service offered is for educational and informational purposes only and should NOT beconstrued as a securities-related offer or solicitation, or be relied upon as personalizedinvestment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision. RESULTS PRESENTED NOT TYPICAL OR VERIFIED. RagingBull Services may contain information regarding the historical trading performance of RagingBull owners or employees, and/or testimonials of non-employees depicting profitability that are believed to be true based on the representations of the persons voluntarily providing the testimonial. However, subscribers' trading results have NOT been tracked or verified and past performance is not necessarily indicative of future results, and the results presented in this communication are NOT TYPICAL. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment. RAGINGBULL IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Neither RagingBull nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor(IA), or IA representative with the U.S. Securities and Exchange Commission, any state securitiesregulatory authority, or any self-regulatory organization. WE MAY HOLD SECURITIES DISCUSSED. RagingBull has not been paid directly or indirectly by the issuer of any security mentioned in the Services. However, Ragingbull.com, LLC, its owners, and itsemployees may purchase, sell, or hold long or short positions in securities of the companies mentioned inthis communication. 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](