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Latest Insights on RCUS

Thursday: The day where Wall Street remembers unemployment exists, and tech stocks rally. Time to Get Teched; Great Stuff Responds
by Joseph Hargett July 9, 2020 Great Stuff
QQQ: The Greatest Show The Nasdaq Composite just broke out to fresh all-time highs. Sound familiar to you? I typed those exact words about one month ago on June 4 … a Thursday. Today is also a Thursday. And, just like Arthur Dent, I never could get the hang of Thursdays. Why do Thursdays matter? […]
The market overlooked critical data in favor of bullish Boeing banter. We’re running out of 737 MAX headroom for this kind of volatility. Boeing’s Brash Bulls; Beyond’s Crash Rules
by Joseph Hargett June 29, 2020 Great Stuff
Spread Your Wings and Fly Away It was an interesting Monday, dear reader. Pending home sales spiked 44.3% in May, even as sales were still 5.1% lower than in May 2019. Chesapeake Energy Corp. (NYSE: CHK) filed for Chapter 11 bankruptcy due to persistently low oil prices. COVID-19 infections hit 10 million, and deaths passed […]
This Chart Proves the Rebound Isn’t Sustainable (but There’s a Silver Lining) [5-minute read] The stock market isn’t what it used to be … which means it’s time to change your strategy.
2 Ways to Play the Market Recovery (10-minute video) COVID-19 reset the economy in a big way. Weak companies got the stuffing knocked out of them, while businesses that were doing well before the outbreak continue to thrive. Today, Charles Mizrahi discusses two of those companies — and shows you why they’ll do even better once the economy fully reopens.
What we’ve got here is failure to communicate. Wall Street is saying loud and clear that it is not happy with last night’s speech. Travel Bans and Broken Circuit Breakers Rolling in the Deep Double the circuit breakers, double the fun? For the second time this week, trading halted on Wall Street — both in futures trading and during the regular session. Welcome to the bear market. Sparking the chaos this time around was President Trump’s less-than-reassuring and confusing response to the growing COVID-19 threat. […]

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