Here are my thoughts going into the weekend:
- I'm scratching my head and wondering why investors are buying up companies that missed, lowered or disappointed on their earnings when there should be a flight to quality instead. As I write this, LinkedIn (LNKD), Mercadolibre (MELI) and Synaptics (SYNA) are all higher, but Chipotle Mexican Grill (CMG), Google (GOOGL) and even Amazon (AMZN) are all down.
- If Donald Trump became president, would he really build a wall between Mexico and the United States? If so, how much longer would the wait at border crossings take? And what would happen to NAFTA?
- Would stocks react well if Trump became president? He does say that he'd combat ISIS by blowing up Middle Eastern oil wells and sending U.S. energy companies to take over. Wouldn't that send oil prices to infinity? What would happen to stocks in that case?
- I wonder what William Shatner is thinking right now about Priceline (PCLN)? The company that he made famous reported a great set of numbers on Wednesday, popping to an all-time high of $1,395 a share yesterday (although it's since given back some $80).
- Is the love affair between investors and Elon Musk over now that Tesla (TSLA) lowered deliver guidance by 2,500 cars at the midpoint?
- Finally, I can't ever stop carrying thoughts about the Chinese government over into the weekend. This week, they were relatively quiet -- merely coming out with a new policy that will place Web police/monitors at every big Chinese Internet company's offices. What will they come up with next week?
With that, I bid you a safe and fun-filled weekend!