Horowitz and DvorakNews, Careers, Investing, Business

Episode Summary

Those margins - not a pretty look. Trouble in Airlines Space while the love for Apple remains. More Stimulus but hidden in the details. Announcing a new Closest to The Pin. PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter Warm Up - Trouble in Airlines Space - Apple Love Remains - More Stimulus - Hidden in the Details - BULL TAKE OFF - No Stopping Us Now - Right? (Overconfidence?) Market Update - Bitcoin - Sub $40k on Monday - Why? - Chatter IPO on the way (again) - New Highs for markets - Pulled by a few stocks - And on The Margin - A Margin Crunch - Rates moving up - VIX moving down DONATIONS - HEY it is 2024! NEW HIGHS - A New Bull Market has just been declared. Out of the BEAR as we eclipse the previous high set in 2022. Airlines - JetBlue Airways and Spirit Airlines on Friday said they are appealing a federal judge's ruling issued earlier this week that blocks the two carriers' planned merger on antitrust grounds. - JetBlue had planned to buy Spirit for $3.8 billion in a deal struck in the summer of 2022. A federal judge on Tuesday, however, barred that combination, saying it would eliminate the budget carrier and mean higher prices for cost-conscious consumers. - Spirit drop 62% last week - trying to recover a bit - BUT, if Sprint fails - doesn't that mean that the elimination of a budget carrier could mean higher prices for cost conscious consumers? ---- They will appeal, give concessions and win. ---- Spirit up 90% since low last week Bitcoin Sinking - Bitcoin sub $40,000 on Monday as the sell-off continues - Blaming it on selling of the GrayScale and beig bought in NEW Sppot ETFs - Thought question: If Selling Apple in Fidelity and Buying in Schwab - does that impact share price? Banks Suing The Fed? - Big banks have hired one of the country’s top trial lawyers and are preparing to sue the Federal Reserve — a nearly unthinkable challenge — if sweeping new industry regulations aren’t watered down. - Eugene Scalia, the son of the former Supreme Court justice and a well-known conservative litigator, is quietly drawing up a lawsuit seeking to block the proposed rules on behalf of the Bank Policy Institute, a trade group that represents JPMorgan, Citibank, Goldman Sachs, and others, people familiar with the matter said. - It would be the first time in recent memory that the industry has sued the Fed, and a departure from standard halls-of-power persuasion efforts that try to avoid antagonizing its chief regulator. More Airlines - The U.S. Federal Aviation Administration (FAA) has recommended that airlines operating Boeing 737-900ER jets inspect door plugs to ensure that they are properly secured after some operators reported unspecified issues with bolts upon inspections. - Regulators have stepped up scrutiny on Boeing after a Jan. 5 mid-air panel blowout on an eight-week-old Alaska Airlines MAX 9 jet that left a gaping hole in the aircraft. Boeing has sought to contain the damage, appointing an independent advisor to examine quality control in its manufacturing processes while numerous planes remain grounded. - In its new "Safety Alert for Operators," the FAA said that some airlines had conducted additional inspections on the 737-900ER mid-exit door plugs and had noted "findings with bolts during the maintenance inspections." Apple - - Apple (AAPL.O), opens new tab ended Samsung Electronics' 12-year run as the largest seller of smartphones in the world, after commanding a 20% market share in 2023, according to a report from International Data Corp. - Samsung ended the year with a 19.4% share, followed by China's Xiaomi, Oppo and Transsion,
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