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Latest Insights on HOOD

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 June 4, 2020 by Joseph Hargett 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 […]
Consumer spending crashes, China-U.S. clashes, Canopy cannabis collapses … Welcome to a typical market Friday in 2020. Canopy’s Cash Crash; Cyber Contract; Costco Cleans Up May 29, 2020 by Joseph Hargett Great Stuff Friday Four Play: The “Roof Is on Fire” Edition If you had the “riots and looting” square on your Revelations bingo card … today’s your day. Go ahead and cover that square up. It’s been that kind of year, you know. And if you’re still worried about covering up that “World War III” square … […]
Wall Street thinks that stocks, like Sneetches, are all the same right now. But what happens when the unlimited stimulus rug is pulled out from under you? S&P Sneetches Say Stocks Shift the Same May 28, 2020 by Joseph Hargett Great Stuff Star-Belly Sneetches Today, we’re taking a trip back to childhood to discuss a famous Dr. Seuss story: The Sneetches. (Actually, we’re talking about the correlation of S&P 500 stocks … but you’ll see where I’m going with this shortly.) You see, Star-Belly Sneetches have stars on their bellies and Plain-Belly Sneetches have none. Then Sylvester […]
This certainly doesn’t look like a “12% away from all-time highs” market or economy to me. Does it to you? Dow 25,000? Get Real; Robinhood’s Most Wanted … Is Carnival? May 27, 2020 by Joseph Hargett Great Stuff Enema of the State I’m in a mood today, dear reader, so let this be a warning that a rant is incoming. First, let’s start out with today’s astonishing development that sparked this Great Stuff mood. The Dow Jones Industrial Average topped 25,000 today — the culmination of a 35% rush off its March lows. […]
From comfort shopping to retail investing, Americans go stir-crazy during the pandemic lockdown. Lockdown Pastimes; Novavax Big Time; Travel Stocks Climb May 26, 2020 by Joseph Hargett Great Stuff Stir-Crazy Investors We’re all itching to get out and participate in the U.S. economy’s “Great Reopening.” If reports from the Memorial Day holiday weekend are any indication, some of us are a lot more eager than others … I’m looking at you Lake of the Ozarks partygoers. As the country reopens, now is an excellent […]

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