Bob Chapek out, former CEO Bob Iger back in charge
â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â The only easy day was yesterday. And if you're not moving, you're dead. It wasn't that long ago when Disney (DIS) was giving us the usual corporate propaganda. Everyone's all on one team. Everyone has total belief in the leader. Everyone is convinced it will all work out fine.
Then comes the shocking news that CEO Bob Chapek is out and former CEO Bob Iger is back in. Chapek had a controversial tenure...
Notably being dragged into numerous political disputes and a no-win competition with Florida Governor Ron DeSantis - who may be the Republican candidate for president in 2024. Look, you can look at the numbers behind a company, study the public announcements, pore over all the strategy documents...
But the real action is usually taking place behind the scenes... leading to these kinds of corporate coups. It's Thanksgiving this week, but we're taking no breaks.
Money doesn't sleep so we won't either. Keep Moving, [TRADECOMMAND]( perhaps the single greatest weapon ever put in the hands of Main Street investors. THE OFFENSIVE is already underway. [Don't be left behind.]( WORD ON THE STREET Disney Changes CEOs, Trump's Non-Return, Worst Ad Market Ever - Return Of The Master - Or maybe not. Following a poll of Twitter users, a majority want former President Donald Trump back on Twitter. Elon Musk said he would be willing, outraging many progressives. However, it seems like a moot point - Trump is staying on his own social network, Truth Social.  - Chapek Out, Iger Back - Disney (DIS) is down more than 40% Year-To-Date. Corporate leadership thinks a change is necessary - and they are going back to a proven leader. Bob Chapek is out and former CEO Bob Iger is back in as Disney tries to turn the page on declining movie revenue, challenges at theme parks, and unnecessary political battles.  HE DOES NOT FORGIVE FAILURE
(DIS IS UP MORE THAN 9% IN PRE-MARKET TRADING) - Worse Than The Pandemic - Warner Brothers Discovery CEO David Zaslav says the current advertising market is weaker than at any point during the 2020 COVID-19 pandemic. Zaslav took care to set expectations, warning that unless the market recovers next year, "it's going to be hard" for the company to meet its $12 billion earnings forecast.  - Treasury Yields Up - Get ready for volatility. Treasury yields are up as there is now uncertainty over the Fed's monetary policy. The central bank has put forward a few trial balloons about slowing rate increases, even as several Governors say there is far more work to do. THIS TRADER MADE $64,000 IN JUST ONE WEEK And he never risked more than $10,000 at a time... [No Gimmicks. Just Results. Click Here Now and See For Yourself.]( HOT SPOTS: What's Going on in Geopolitics - First COVID-19 Death In China In Six Months - Are Chinese numbers just made up? Is this going to lead to another production shutdown? Plenty of questions, but few good answers after the People's Republic of China announced the first COVID-19 death in six months. It's another indication the PRC will have a hard time meeting its economic growth targets. Oh who are we kidding - it's not going to happen.  - Terror Strikes â A shooting at a gay nightclub in Colorado Springs has killed at least five people and wounded about 25. Patrons reportedly restrained the gunman, who had been previously arrested for making a bomb threat. Suspect Anderson Lee Aldrich may face hate crimes charges.  - China Crackdown Crushes Casinos - As fears spread of yet another production halt in the PRC, casino stocks are being hit hardest. Sands China and Galaxy Entertainment Group are both down in morning trading. A crackdown could potentially halt Macau once again. CUTTING EDGE: What[']( Happening In Tech - Latest Tech Layoffs: CISCO - The good news - the latest earnings report shows that (CSCO) might be turning the corner. The bad news - it's going to be laying off about 4,000 employees in a "rebalancing" act while "rightsizing certain businesses." Thoughts and prayers for those left out of the "rightsizing." - FTX Will Restructure Or Die â John Ray, the man brought in to save crypto exchange FTX, said the company will either restructure or sell. Ray said that it was a pleasant surprise that several regulated and licensed subsidiaries of FTX have solid balance sheets. However, the chaos surrounding crypto has sent Bitcoin to a one week low. - NASA Predicts Human Presence On Moon Within Decade - Howard Hu, head of the Orion lunar spacecraft program, gave an optimistic view of when humans will return to the moon - for good. "We are going back to the Moon, we're working towards a sustainable program and this is the vehicle that will carry the people that will land us back on the Moon again," he said.  It's rightful American clay, I don't care what anyone says FOR YOUR CONSIDERATION "An interesting fact is that during the past five bear markets, the Santa Rally occurred four of five timesâ¦and averaged a 3.8% rise in the S&P500." that time of year again, whether we like it or not. Christmas songs in the malls, decorations going up even before Thanksgiving... and a stock market rally. Chris Hood breaks down the truths and lies about the so-called "Santa Rally" - and how you should plan your strategy for the last month of 2022. [IS SANTA AFRAID OF BEARS?]( Enjoying Dawn Report? Learn something, made some money?
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