;
“I suspect that Tuesday’s sharp retail decline on $NKE woes should be the technical catalyst for a move back to new lows. Bounces into 7/4 holiday likely prove short- lived .. This rally looks complete as of Tuesday.” - @MarkNewtonCMT
When Kathy Bates auditioned for “Misery,” “she had a whole scene prepared,” @robreiner said. “After the first line, I was like ‘You don’t have to read — you have the part.’”
Born today in 1948 💯
@Sergiofordy @James_Caan
My jam right here https://github.com/lxgr-linux/pokete
I assume part of the problem is also that there are like... two editors who are good about ad tech. It's just incredibly frustrating to read these pieces that are like 'yes, these are good terrifying points so why am I falling asleep reading them?'.
I have to say, I am regularly reminded every time I read an article or op-ed in a Major News Company about ad tech and data that there are like 5 people who can actually write readable stuff about ad tech
* THE WALT DISNEY COMPANY BOARD OF DIRECTORS UNANIMOUSLY VOTES TO EXTEND BOB CHAPEK'S CONTRACT AS CEO FOR THREE YEARS
@Reuters $DIS
Just voted👍
Today’s the last day to vote in the NY primary!
Polls close at 9pm
Get out and vote 🗳
So much for "rebalancing." Ugly close. Bulls hoping that pension funds would "rebalance" and buy stocks for end of quarter sorely disappointed. Lousy econ data (Consumer Sentiment), higher commoditites mean stagflation threat (low growth, high inflation) still very real.
@CNBC
On advice I've added an explicitly black & white one for B&W label printers. If that's the type you have, please let me know if they work well.
Thinking of buying Amazon? Then tonight's @MadMoneyOnCNBC is incredibly important for you because we sit down with Adam Selipsky, who is ceo of Amazon Web Services!!!
Great stuff! Big steps in good directions happening at the W3C! https://www.w3.org/blog/news/archives/9594
* PRESIDENT PUTIN IS GETTING MORE NATO ON HIS BORDERS - NATO SG STOLTENBERG
@Reuters
MADRID (AP) -- NATO leader Stoltenberg says Turkey has agreed to support Finland and Sweden joining alliance.
* GHISLAINE MAXWELL SENTENCED TO 20 YEARS IN PRISON FOR HELPING JEFFREY EPSTEIN SEXUALLY ABUSE TEENAGE GIRLS
@Reuters
* FINLAND PRESIDENT NIINISTO SAYS TURKEY HAS AGREED TO SUPPORT FINNISH AND SWEDISH MEMBERSHIPS OF NATO
@Reuters
“U.S. seaports are now processing 18% more import and export shipping containers than in the months before the 2018 onset of the trade war .. implies that seaports have increased their capacity at an average annual rate of 4.3%.” - @joebrusuelas
https://realeconomy.rsmus.com/preparing-for-a-tsunami-of-imported-goods/
The Bee Gees’ “Jive Talkin’” was originally titled “Drive Talkin’” — inspired by a road trip in which the tar on the road literally created “a rhythmic sound on the wheels of our car .. the type of song we wanted to write.”
Hits the UK charts today in ‘75
(via @WinfieldSmart)
“Enough is enough.”
- @gawker $WBD https://www.gawker.com/culture/i-dont-want-to-see-any-more-photos-from-the-barbie-set
Also, the 8 space tab in GitHub is just baffling and I have never understood it.
Federal Reserve regional surveys “tend to be volatile. But right now, they're all pointing in the same direction.”
- @axios @LONGCONVEXITY
https://www.axios.com/newsletters/axios-macro/
You: tabs tabs tab.
Me: Tabs Tabs Tabs TABS!
Together: TABS TABS TABS TABS!
TIL Prettier is considering making tabs the default in 3.0. This is huge — it would make an entire set of programming languages more accessible (if you're somehow still pro-spaces, read this comment to instantly convert), and, more importantly, vindicate my personal preferences https://twitter.com/tomus_sherman/status/1541715535456600065
Aaargh!
Well Becky, we needn’t wait for that dystopian travel experience, it’s already here! @BeckyQuick https://twitter.com/beckyquick/status/1541727157348614148
Thing I surely don't need but instantly wanted to buy alert. https://mntre.com/media/reform_md/2022-06-20-introducing-mnt-pocket-reform.html
Volkswagen’s presentation said $TSLA is “weakening” — and contained a meme “showing a man representing Tesla about to be tackled by a long-haired figure cast as VW.”
(via @FT) @elonmusk
https://www.ft.com/content/d75ec496-7fd9-457e-9f18-2deaba2bbe59
The "Karate Kid" storyboards are always amazing -- near perfect matches with the final product. (That's what happens when your director got his start as an editor.)
(2/2)
Pat Morita wasn’t the 1st choice to play Miyagi, but "Karate Kid" director John Avildsen insisted — and took the audition tape to producer Jerry Weintraub. “It almost brought Jerry to tears,” an exec said. “He said, ‘That IS Mr. Miyagi’”
Born today in '32
* OIL TANKER IS STOPPED BY U.S. ON TRANSIT FROM RUSSIAN PORT TO NEW ORLEANS - @WSJ
The 2022-2023 Jazz at Lincoln Center concert series is here. 💕
@jazzdotorg @DeirdreLatour #I❤️NY https://2022.jazz.org/22-23-season
CITI: Fundamentals "point to further price declines, particularly for oil and US natural gas."
WTI forecast:
* 3Q: $95
* 4Q: $81
* 1Q23: $75
* 2Q23: $69
* 3Q23: $74
* 4Q23: $71
"In almost everything I've written, there is a thread of this: man's seemingly palpable need to dislike someone other than himself."
Rod Serling, gone today in 1975. #RIP
@AnneSerling @TheNightGallery
Cox Automotive cuts their 2022 sales outlook to 14.4MM vehicles, down nearly 1M from the prior 15.3MM outlook.
(via @knowledge_vital)
https://www.coxautoinc.com/wp-content/uploads/2022/06/2022-Cox-Automotive-Mid-Year-Review-Presentation.pdf
10 Things Where Prices Are Actually Going Down
(via @TheStalwart) #Rolex
https://www.bloomberg.com/news/articles/2022-06-28/from-chips-to-rolexes-10-things-where-prices-are-actually-going-down
* NATO'S STOLTENBERG SAYS DISAPPOINTED BY THE FACT THAT CHINA HAS NOT CONDEMNED RUSSIAN INVASION OF UKRAINE
@Reuters
they are trying to fly today !
Never bet against Elon--total agreement with Schmidt
JEFFERIES: “We tally the potential upcoming aircraft orders announced globally by airlines, with over 790 potential orders for a total value at list of more than $117BB.”
$BA https://www.streetinsider.com/dr/news.php?id=20264258
GOLDMAN: ".. we downgrade $SAM to a Sell rating .. as the outlook for the hard seltzer category deteriorates further .. distributors reduce their hard seltzer inventory levels further .. contributing to greater shelf space losses at retail .."
(Reuters) - The U.S. trade deficit in goods narrowed in May as exports increased, suggesting that trade could contribute to economic growth this quarter for the first time in nearly two years.
The price of shipping a 40 ft box from Shanghai to LA “has fallen to $7,952 and that's the lowest in a year, though still is 444% above where it was entering 2020.” - @pboockvar
NIKE: "Right at the end of the quarter, we did start to see a little bit of improvement vis-a-vis the boat backlog at the West Coast ports. But at this point in time, .. we're not planning for a significant improvement in transit times in fiscal '23." $NKE
(h/t @pboockvar)
"A venture of a New York investment firm and a U.S. residential developer has agreed to pay $1.75 billion for six Manhattan rental apartment buildings, .. the highest price tag for a New York multifamily portfolio since the beginning of the pandemic."
@WSJ
https://www.wsj.com/articles/new-york-city-apartment-buildings-to-sell-for-1-75-billion-in-record-pandemic-deal-11656414002?mod=newsviewer_click&adobe_mc=MCMID%3D43904269652561322512265019543051439235%7CMCORGID%3DCB68E4BA55144CAA0A4C98A5%2540AdobeOrg%7CTS%3D1656415295&adobe_mc=MCMID%3D43904269652561322512265019543051439235%7CMCORGID%3DCB68E4BA55144CAA0A4C98A5%2540AdobeOrg%7CTS%3D1656415367&adobe_mc=MCMID%3D43904269652561322512265019543051439235%7CMCORGID%3DCB68E4BA55144CAA0A4C98A5%2540AdobeOrg%7CTS%3D1656415385
(Reuters) - The Walt Disney Co's Shanghai Disney Resort said on Tuesday it would reopen the Disneyland theme park on June 30, a month after the Chinese economic hub lifted a two month long COVID-19 lockdown.
$DIS
GOLDMAN: Stocks do not appear “to be fully reflecting the downside risks to earnings. .. Profit margins for the median S&P 500 company will likely decline next year . .. the margin compression we model would reduce the median stock’s expected 2023 EPS growth from +10% to 0%.”
