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Latest Insights on LEG

Falling jobless claims just aren’t exciting enough for Wall Street. This is 2020, after all — investors need more exciting fare. Surprising Claims; Apple’s Bushel; Vroom Vroom Vr—Oof August 13, 2020 by Joseph Hargett Great Stuff Sigh-Worthy Jobless Claims Welcome to Great Stuff’s Reader Feedback day! I have to say, your continued outpouring of emails brings a tear to my eye. In the immortal (and misquoted) words of Sally Field, “You like me! You really like me!” OK, so not all of you… But, just like Howard Stern on an eight-ball […]
Sure, the media obsessed over the Russian vaccine and the American VP today. But we’re not about that run-of-the-mill insanity — instead, here’s what stories slipped through the cracks. Warp Speed Receipts; Duck Amok; More Tesla Shmucks August 12, 2020 by Joseph Hargett Great Stuff Wall Street’s Mixed Nuts It was another one of those days on Wall Street today. Nothing overly positive, and nothing Fed-shakingly catastrophic. Remember, for this market rally to break, the news has to be bad enough to outweigh the Federal Reserve’s unlimited stimulus. We’re not there … yet. Sure, there were some major headlines that […]
Russia’s vaccine news really knocked me out. They’ve left the West behind, as Wall Street stocks start to sing and shout. Vax in the U.S.S.R; Nio Raises the Bar; Inovi-Woah August 11, 2020 by Joseph Hargett Great Stuff Vax in the U.S.S.R. Flew into Miami Beach from NYC. Didn’t get to bed last night. On the way, The Wall Street Journal on my knee. Man, it was a dreadful sight. There’s vax in the U.S.S.R. You don’t know how lucky you are, boy. Vax in the U.S.— Vax in the U.S.— Vax in […]
Confident German investors? French economics? Vacays to Spain? If these really are the reasons the Dow’s up today, we’re in big trouble… Streets Apart; Nikola’s Electric Garbage Orchestra; Kodak Cracks August 10, 2020 by Joseph Hargett Great Stuff Grasping at Straws I absolutely love watching the mainstream financial media attempt to explain the market’s daily rise and fall. Sites like MarketWatch, CNBC and Bloomberg all have readers scrambling to know why the market is doing what it’s doing right now. They can’t simply have every headline say “Stocks Fall on China-U.S. Tensions” or […]
Jobs data reveals more economic troubles. We’ve already had one kickstart this year with the CARES Act. But what about a second kickstart? Economic Kickstart; Rocket Man IPO; Uber Eaten August 7, 2020 by Joseph Hargett Great Stuff Friday Four Play: The “Shout at Wall Street” Edition When I get gains, I trade Robinhood free. Market investing is a drug for me. My heart, my heart. Kickstart my economic heart. But we’ve already had one kickstart this year with the CARES Act. So, what about a second kickstart? Looks like we’ll have to […]

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