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The Capitalist Newsletter – July 28, 2017

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SHELL CEO SAYS OIL WILL PEAK; PREDICTS CLEAN ENERGY WILL TAKE OVER BY 2030s

Everyone other than Donald Trump is convinced that renewable, clean energy is the way of the future. But Royal Dutch Shell CEO Ben van Beurden still managed to surprise the world by predicting that the change would happen by the late 2020’s. So what exactly does this mean for oil? Should investors start dumping it? Not exactly, but that idea isn’t wrong either .

Read The Capitalist’s Take Here

Read More at Bloomberg Here

Read More at CNBC Here


JOINT CHIEFS OF STAFF FIRE BACK AT TRUMP; NOT SO FAST ON TRANSGENDER MILITARY BAN

The Department of Defense declared Thursday there will be “no modifications to the current policy” on transgender service members for now, a day after President Trump issued a surprise three-tweet directive banning those troops from the military.

In a memo to service chiefs and commanders, Chairman of the Joint Chiefs of Staff Gen. Joseph Dunford, Jr. declared no changes to the policy until “the President’s direction has been received by the Secretary of Defense and the Secretary has issued implementation guidance” — which has not yet happened.

Read More at FOX News Here

Read More at Politico Here

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Read More at Vox Here


JEFF BEZOS OVERTAKES BILL GATES AS RICHEST MAN IN THE WORLD …. FOR HALF A DAY

For half a day, Jeff Bezos was the richest man in the world, then the bottom fell out from under Amazon.com Inc.’s stock. Easy come, easy go. Shares of the e-commerce giant AMZN, -2.15% that Bezos founded surged as much as 2.9% to an all-time intraday high of $1,083.31, propelling Bezos’s worth past Microsoft’s Bill Gates become the world’s richest person, according to both the Bloomberg Billionaires Index and Forbes’s real-time ranking of the world’s billionaires. That rally gave Bezos a net worth approaching $91 billion, versus a little over $90 billion for Gates, according to Forbes.

Read More at MarketWatch Here

Read More at CNBC Here

Read More at NY Times Here


Closing Bell

– Thursday, July 27th

Markets See Mixed Close After Tech and Financials Slip Down

Big Insider Trades

– Alarm.com Holdings, Inc. (ALRM) CPO Daniel Kerzner Sells $685k

– Opko Health, Inc. (OPK) CEO Phillip Frost Buys $250k

Winners & Losers

– Capricor Therapeutics, Inc. (CAPR) Soars UP (28.71%) on Clarity of Regulatory Path for DMD Candidate After FDA Meeting

– Neuralstem, Inc. (CUR) Drops DOWN Another (29.15%) After Lead Drug Candidate Crumbles Mid Trial

Most Talked About

Advanced Micro Devices, Inc. (AMD) Still Considered a Majority Strong Buy After Dropping DOWN (4.34%) After Company Says Sales This Quarter Will Top Wall Street Expectations by $100 Million

The TIP Sheets

– Thursday July 27th

– GNC Holdings, Inc. (GNC) Shoots UP (16.86%) After Strong Earnings Report. Especially Encouraging was that the Company’s Loyalty Program Added 2.3 Million Members, Indicating the Supplement Retailer is Poised for a Comeback, Especially as it Begins to Focus on Online Sales. Expect Shares to Continue UP

Unusual Volume

Twitter, Inc. (TWTR) Tumbles DOWN (14.13%) on 86m Shares Traded After Company Reports Earnings. Its User Growth is Stagnant, and the Company is Actually Losing Users, While its Ad Growth has Stalled Altogether. Expect Shares to Continue DOWN

Disclaimer: All quotes are in local exchange time.  Real time last sale data provided by The Dow Jones.  The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by S&P Dow Jones Indices LLC and/or its authorized affiliate, and have been licensed for use to The Capitalist.  All content of The Dow Jones branded indices © 2016 S&P Dow Jones Indices LLC and/or its affiliates.  Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC.  Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC.  The Capitalist is not an affiliate company of S&P Dow Jones Indices LLC, Standard & Poor’s Financial Services LLC, Dow Jones Trademark Holdings LLC, or their respective affiliates.

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