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Latest Insights on WFC

Holy cats! It was a busy Friday: consumer spending, blocked Huawei, Chinese threats, virus testing, bouncing banks? That’s quite a smorgasbord of market-moving data. Retail Weeps, China Creeps, Bankers Beat and Testing Sleeps
by Joseph Hargett May 15, 2020 Great Stuff
Friday Four Play: You Down With PPT? Holy cats! It was one busy Friday. I mean, we had a literal smorgasbord of market-moving data … all in one day: Consumer spending set another record in April, plunging 16.4%. President Trump blocked semiconductor shipments to Huawei. China threatened to activate its “unreliable entity list.” Trump questioned […]
Sportsball comes to a halt, but markets rebound and Wall Street takes it to the limit … one more time. March Madness; Disney Sadness; Apple Gladness
by Joseph Hargett March 13, 2020 Great Stuff
Friday Four Play: The “Take It to the Limit” Edition The third time’s the charm, right? That’s what they say, anyway. Dow futures hit the circuit breakers once again this morning as markets took it to the limit … one more time. Most of us are sad after Wall Street experienced its worst day since […]
I can’t believe that I — the guy making financial memes— had to be the one to sound the warning, but that’s where we are in this market. Apple Is the Canary; Buffett Goes Kroger-ing
by Joseph Hargett February 18, 2020 Great Stuff
COVID-19: Greater Than Just Apple Oh man … what a weekend! (There ain’t no party like a Presidents Day party. Am I right?) But it wasn’t all George-cherry Jell-O shots and Abe appletinis… In this midst of consuming my executive branch libations, I was struck with a thought: What would it take for Wall Street […]
Great Stuff 7-16-2019 The Three Amigos of Banking: JPMorgan, Goldman and Wells Fargo
by Joseph Hargett July 16, 2019 Great Stuff
In a way, all of us have an El Guapo to face. For some, options trading might be their El Guapo. For us as investors, our El Guapo is a big, dangerous earnings season filled with volatility and the threat of an earnings recession. But the three amigos of banking have shown us that not […]
Great Stuff 7-5-2019 Friday Four Play: Good Jobs = Bad News
by Joseph Hargett July 5, 2019 Great Stuff
That was quite the Fourth of July celebration, wasn’t it? The fireworks, the music … and stuff. Freedom was everywhere. It was awesome. I don’t know about you, but I’m beat this morning. Apparently, so is the market. But we’ll get to that in a minute. Next week, I’m going on vacation to celebrate my […]

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