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There are three reasons why the market rallied today, and two of them will shock you. Just kidding, it’s the Fed. Wall Street’s Usual Suspects; Royal Drugs and Wireless Bugs
by Joseph Hargett June 16, 2020 Great Stuff
The Usual Suspects The market’s usual suspects are at it again. I’ll let you argue over who’s Mr. Pink, Mr. Brown, et cetera. There are three reasons why the market rallied today: coronavirus news, economic data and the Federal Reserve. The biggest of these, naturally, is the Federal Reserve. Yesterday, Fed Chairman Jerome Powell announced […]
The Nasdaq just hit an all-time high. Why not the Dow or the S&P 500? Why isn’t Wall Street’s old guard leading this Fed-fueled rally? The Future Is Now: Nasdaq Necks New Highs
by Joseph Hargett June 4, 2020 Great Stuff
Why the Nasdaq? Something astounding happened today, dear reader. The Nasdaq Composite just broke out to fresh all-time highs. You’re probably questioning why any part of the market is hitting all-time highs when weekly jobless claims and total unemployment figures still come in worse than expected. Or, for that matter, why stocks are rallying at […]
We’re so close to breaking out to the biggest market buying opportunity we’ve seen since 2009. Opportunities Abound; Warner Music IPO, Zoom Will Grow, CrowdStrike Now!
by Joseph Hargett June 3, 2020 Great Stuff
The End Is Near Wall Street began the day with a friendly voice, a companion unobtrusive … well, at least as unobtrusive as any companion can be right now. The ADP private payroll figures arrived today, and there’s really only one way to describe them: “obviously an awful number, but not as catastrophic as expected.” […]
Sooner or later, the Feds will cut you down … as Under Armour Inc. (NYSE: UA) is finding out the hard way. McFired, Under Armour Stumbles and Melting Up?
by Joseph Hargett November 4, 2019 Great Stuff
Optimism is an infectious thing. You need strong hands to handle both the bull hype and the bear predictions.

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