Band of Traders - Together We Trade 08-20-22: Buffett Splurges, Ethereum Merges
This week China Shop, JPM stands by a bold end of year prediction, CEOs are using the term "Elasticity" and the internet can't decide if the Great Resignation was great or not. In Stock news, GM reinstates its dividend and Buffett gets permission to buy up to half of Occidental Petroleum. In the Crypto Corner, Cardano falls 15% and the Ethereum merge may put miners out of business. Coming into the stretch run for August's Bet, Random shoots for a homerun pick.
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Links:
Elasticity New Buzzword Among CEOs
JPM Stands By 4800 EOY Price Target
Great Resignation Wasn't That Big
Earnings Rising Only Because of Strength in Energy
Buffett Gets Permission to Buy Up to Half of Occidental
GM Restores Quarterly Dividend
Regal Cinemas in Financial Trouble
Companies Making Cuts to Workforce
Cardano Drops as Developer Warns of Catastrophic Issues
Ethereum Merge About to Put Every Ether Miner Out of Business
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