Latest Insights on WMG
Wall Street’s Usual Suspects; Royal Drugs and Wireless Bugs
June 16, 2020 Great StuffThe 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 Future Is Now: Nasdaq Necks New Highs
June 4, 2020 Great StuffWhy 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 […]
Opportunities Abound; Warner Music IPO, Zoom Will Grow, CrowdStrike Now!
June 3, 2020 Great StuffThe 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.” […]