The Capitalist Newsletter – June 16, 2017

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The Capitalist Newsletter – June 16, 2017

GUY COHEN GIVES A QUICK RUNDOWN OF LAST FRIDAY’S FREEFALL

Take a quick read as Guy Cohen breaks down last Friday’s market fireworks in under 350 words…

Read The Guy’s Take Here


SENATE OVERWHELMINGLY ADDS TO RUSSIA AND IRAN SANCTIONS; LIMITS TRUMP’S SAY

The Senate overwhelmingly passed a bill Thursday that would step up sanctions against Iran and Russia, in the process delivering a rebuke to President Trump’s policies toward Russia and Europe with a veto-proof majority.

The measure, which senators passed by a vote of 98 to 2, includes new sanctions against Moscow over its continued involvement in the wars in Ukraine and Syria, and for its alleged meddling in the 2016 U.S. presidential election.

Read More at Washington Post Here

Read More at Financial Times Here

Read More at CNN Here


FACEBOOK TURNS TO ARTIFICIAL INTELLIGENCE TO COMBAT TERRORISM ON ITS PLATFORM

With attacks on Western targets increasing pressure on Facebook, the giant social network says it’s making a new push to crack down on terrorist activity by using sophisticated algorithms to mine words, images and videos to root out and remove extremists’ propaganda and messages.

Artificial intelligence can’t do the job alone, so Facebook says it has amassed a team of 150, including counterterrorism experts, who are dedicated to tracking and taking down propaganda and other materials.

It’s also collaborating with fellow technology companies and consulting with researchers to keep up with the ever-changing social media tactics of the Islamic State and other terror groups.

Read More at USA Today Here

Read More at ABC News Here

Read More at Wall Street Journal Here


Closing Bell

– Thursday, June 15th

Markets Drop DOWN as Tech Slips Again

Big Insider Trades

– Medical Properties Trust, Inc. (MPW) CFO Steven Hamner Sells $1.1m

– Genesis Energy L.P. (GEL) CFO Robert Deere Buys $1m

Winners & Losers

– Adamis Pharmaceuticals, Inc. (ADMP) Rockets UP (53.33%) After Rival Epipen Product Gets FDA Approval

– The Kroger Co. (KR) Sinks DOWN (18.89%) After Company Issues Warning that Profit Could Shrink

Most Talked About

Snap, Inc. (SNAP) Considered a Majority Strong Sell After Shares Sink Back to Pre-IPO Launch Price

The TIP Sheets

– Thursday, June 15th

– Adamis Pharmaceuticals, Inc. (ADMP) Rockets UP (53.33%) After its Rival Epipen Product Gets FDA Approval. With Epipen Being the Poster Boy for Big Pharma Evil, Expect Shares to Continue UP

Unusual Volume

The Kroger Co. (KR) Sinks DOWN (18.89%) on 76m Shares Traded After Company Issues Warning that Profits Could Shrink. As Amazon and Other Online Retailers Get into Grocery Game, Expect Shares to Continue DOWN

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