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Monday Reads

  • Big Put buying going on against the Nasdaq according to Bloomberg.  Is anyone shocked given the heavy selling the last two weeks?  It's not a dip, there's something more going on here and we all know it this time.
  • GM allegedly to invest in Michigan and hire 1400 workers for their Volt production line.  Unconfirmed at this point but press release is supposed to come tomorrow.
  • You'd think with more streaming services being released (NFLX, AMZN, GOOG) that cable providers would be feeling the pinch but JPM recommends they hike prices anyway.  The loss of customers will be offset by price paid by those who remain.  (because $150 a month is cheap.  Augh!) 
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