Thursday Pre-Market Doings

• I am a little disappointed not to see anything about Spotify earnings from yesterday afternoon. Amazon produced an amazing report in a letter to shareholders that says they have 100 million Prime subscribers worldwide. Their price is poised to continue to climb and it will probably pass it's all time high within a week that was just established before Trump started his Tweets about them.
• Boeing, Lockheed Martin, and Raytheon are back in trading ranges they bounced from a few times in February. They all look poised to go higher. Every time I saw Boeing hit 337 it would shoot up 8 dollars. Yesterday it was close to 342 and today it will open just under 440. If it hits 437 I will buy a call option with a strike price of 440 today.
• In my longer term stock portfolio I have decided last weekend that I wanted to mix it up a little. This portfolio primarily contains larger name brand companies with solid track records like Apple, Microsoft, Haliburton, Merk, Best Buy, Ford, Verizon and Home Depot. I trimmed from it to free up cash to buy weed... stocks. CNBC Fast Money Wednesday afternoon had a great segment on cannabis companies. I was disappointed that it did not appear that any were currently profitable. Aurora Cannabis (ACBFF) appeared to have great stuff growing on with it and the stock price is low enough that a hundred shares it a drop in the pipe.
• The cannabis story reminds me of when I was getting solar panels. There are many companies in the solar panel industry including over priced Tesla. Most companies like Tesla do not make a profit. The company that we went with does and am surprised that Sunrun (RUN) stock price is still as low as it is. It was pushed down in the 4th quarter of 2017 but has risen sharply before their last earnings report. Due to Sunrun low PE ratio, I believe it is a buy for quite some time.
• Since we are discussing buying for long term, ROKU is trading near where they came public 6 months ago and is a screaming buy right now. Fast Money mentioned someone buying up June Call Options with a strike price of 37.50. That is a great buy for someone looking to sit and wait for their next earnings report.
• I don't expect to write something twice a day. But I was excited about this information that I was moving on and wanted to share it with you.