Meth 2024 - A Winning Slogan

TokTik zoomers ruined remote work for everyone with their dumbass clout chasing day in the life watch me drink matcha tea videos, but there’s one thing so powerful even gen-z couldn’t mess it up… and that’s big pharma.

News dropped two days ago that the Drug Enforcement Agency (not the FDA for some reason), ruled that controlled substances like adderall and xanax can continue to be prescribed online without a physical visit to the doctor. Ahh the beauty of telehealth.

You’re probably aware that there’s been a shortage of adderall that the media has been blaming on supply chain problems. This is partly true, but supply chains are delicate and slow to respond to unforeseen changes in demand. It’s why we got inflation and it’s why there ain’t no adderall.

Like with the c0v1d vaccine - big pharma won and the temporary pandemic measure has taken another step towards becoming permanent. And why shouldn’t it be when it’s supported by prestigious industry groups such as the American Telemedicine Association and the American Psychological Association.

Maybe Tom Cruise was right after all.

[ bloomberg ]

Disney’s GoJo

Pour one out for Bob Iger. The man is 72 and by the time he’s done at Disney he’s going to have the mental capacity of Joe Biden. Iger got dragged back to Disney to fix his anointed successor’s fk ups and is supposed to make a succession plan for a new CEO. He’s got a fight with DeSantis who’s using him as a political punching bag for a potential presidential run and the stock is trading at $92.36 -8.67% because there’s no magic left at the house of mouse.

Succession plan or Succession move: Truth stranger than fiction once again as the big miss on subscriber estimates came from their “Disney Plus Hotstar” platform that’s primarily based in India and parts of Asia ala GoJo. Apparently they lost streaming rights to Indian Premier League (IPL) cricket matches and people in the region care about that more than whatever Disney+ is.

There are two shiny turds in the report:

Avatar offset their bad movies

People spent a lot of money at their parks

But… with Antman flopping (as it should), a woke mermaid flick that has the right wing nerds all huffy and puffy (they feel powerful after beating bud light) and a consumer spending slowing down

It’s only 16.27% from their covid lows 😭

[ variety ]

RIGD Reports on $SPY

Yesterday we gap up, today we gap down. Volatility is a trader’s paradise… bull or bear this is what you want to see no the snip snap chop chop where everything expires worthless.

$SPY is looking like it wants to rally now lead by $GOOG up 5% because before they were selling the name due to AI but now they’re buying it because of AI.

(lol so rigged).

Let’s look at yesterday’s RIGD report…

We love to congratulate ourselves and feel important, so we’re going to take a small victory lap. We called the price getting dragged down to the 411 level which happened almost immediately after the email was sent (10 AM EST). You know the report came hot off the press because we accidentally forgot to change the subject line.

Unlike our ex-girlfriend, options flow never hardly ever lies. 

Flow is a core part of the product we’re developing here at RIGD AI and we’re excited to showcase some of what’s coming in the next few weeks.

Live $SPY Report:

It’s the end of the first period and $SPY just tapped 411.

Albeit smaller than yesterday 411 is the largest -gex level, so we should see some volatility

Options flow is slowwww, there’s nothing screaming out at us.

Recommendation: Sit, wait, fire up the Call of Duty and let the rigd app do its thing. We’ll let you know when it’s time to take a trade.

Oh wait… you don’t have it yet.

(ripoff)

thanks for reading THE REPORT by RIGD AI

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p.s. we are hiring a data scientist with experience trading options. is it you?