Millennial Market Madness; Baidu’s Blowout; iQiyi’s LeftoversAugust 20, 2019by Joseph HargettGreat StuffMillennial Market Madness We have a problem in the market right now. It’s driving massive amounts of fear and panic. No, not U.S.-China tariffs … the other problem. Not slowing global economic growth … the other problem. Not the potential for General Electric Co.’s (NYSE: GE) crappy accounting to bring Wall Street to its knees […]
GEnron, Nvidia’s New Normal and Buying GreenlandAugust 16, 2019by Joseph HargettGreat StuffFriday Four Play: GEnron, Nvidia’s New Normal and Buying Greenland The word on the Street today is that the market’s rallying because of strong consumer spending. Well, rallying is a strong word. Bouncing, maybe? Pretty much any positive news is going to lift spirits at this point, and Wall Street is clinging tightly to any […]
The Trade War Truce Rally: AMD, Apple, Nvidia and Oil?July 1, 2019by Joseph HargettGreat StuffToday’s G-20 rally is no surprise. There was no way President Donald Trump was coming out of the G-20 meeting without a win — one way or another. And he certainly got a win. I’m not talking about the pause in the trade war — that was a given. It fits Trump’s M.O. to a […]
Why Now is Not the Time to Buy Micron StockJune 26, 2019by Joseph HargettGreat StuffChips are back, baby! Micron Technology Inc. (Nasdaq: MU) is parting the Red Sea, rallying more than 12% and leading semiconductor stocks to higher ground. Nvidia Corp. (Nasdaq: NVDA) and Advanced Micro Devices Inc. (Nasdaq: AMD) are both up about 5%. Applied Materials Inc. (Nasdaq: AMAT) is up nearly 4%. Even Qualcomm Inc. (Nasdaq: QCOM) […]
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