Latest Insights on ASTR

After 15 days of social distancing and scouring the earth for anything that resembles toilet paper … the market wants nothing more than a return to normalcy. Viable Vaccines and Yesterday’s Dreams March 30, 2020 by Joseph Hargett Great Stuff There’s an Ordinary World… Somehow I have to find. And as I try to make my way to the ordinary world, I will learn to survive. I hope you like spending time with your family, ‘cause we’re in for another month of social distancing. As part of his regular COVID-19 briefing to the American people, […]
We’re whipsawing 1,000 points every other day, and Great Stuff is making Great Depression jokes. It’s madness! No. 1 In Infections; Pot for Profit; Crapping Out in China March 27, 2020 by Joseph Hargett Great Stuff Friday Four Play: The “WE’RE NO. 1!” Edition Are we having fun yet? Thousand-point swings in the Dow used to send investors panicking and running through the streets. Now? Meh. Been there, done that. This week, the Dow posted its biggest three-day gain since 1931. All the major financial publications crowed about it. “We’re back […]
The market has seen so many dead cat bounces lately that these cats aren’t just bouncing … they’re dancing. Don’t be hypnotized — it’s a trap! Econ Recon; Jobs at Amazon; Theaters Be Gone March 17, 2020 by Joseph Hargett Great Stuff Dead Cats Can Dance Initial reports on the U.S. economy started rolling in this morning … and I’m not sure if you really want to look or not. The New York Federal Reserve’s Empire State Manufacturing Index plunged by the biggest margin on record: 34.4 points. The reading, which now stands at -21.5, indicates contraction […]
Wall Street weights payroll tax cut promises. Also, stocks are up today … because stocks were down yesterday. Viral Taxes, Tesla Production Maxes, Dick’s Be Axin’ March 10, 2020 by Joseph Hargett Great Stuff Tax Cuts for Viruses I have a TLDR (too long, didn’t read) for you today: Stocks are up today … because stocks were down yesterday. It’s a bit tongue-in-cheek, but if the shoe fits … I think we can all agree that the market’s volatility has just been ridiculous lately. The financial media tell you […]
Market optimism rises as the world’s central banks prepare to combine and form Voltron to battle the evil coronavirus. Fed Sells Sanctuary; A Flash in the Pan March 2, 2020 by Joseph Hargett Great Stuff The Fed Sells Sanctuary “Oh, the heads that turn make my back burn.” — The Cult, She Sells Sanctuary As the coronavirus began to spread in the U.S. over the weekend, we got our first look at just how economically devastating the disease can be … in China. In fact, Chinese manufacturing all but evaporated […]

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