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Wall Street’s “Nasdaq whale” has been unmasked, but that’s no reason for investors to panic. Stay calm and Great Stuff on. Flying Whales: Tesla Left Cold; Nikola the Bold September 8, 2020 by Joseph Hargett Great Stuff A Whale of a Good Time When we consider the recent market sell-off, it’s important to note that suddenly, though not surprisingly, the Nasdaq whale was called into existence several miles above Wall Street — a somewhat alien planet for the whale. Since this was not a natural position for the whale, it had a […]
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 […]
Trump asks Microsoft for a cut of the action. TikTok’s on the clock, but the party don’t stop, no. Trump’s TikTok Tipoff; Take-Two Takes Off August 4, 2020 by Joseph Hargett Great Stuff Usurping Power of the Purse We’re getting a little political today, but I assure you it’s investing related. So, bear with me… Let’s talk about TikTok. Great Stuff has mentioned this social media app before. My daughters absolutely love this app, but how popular is TikTok, really? The company has more than 800 million users […]
Wall Street finally blinked, and it was just the trigger investors needed to do a little profit-taking. Bulls Blink, Badgers on the Brink, Ford Stinks June 9, 2020 by Joseph Hargett Great Stuff Don’t Blink Did you blink? I didn’t blink. *Looks around at the Great Stuff staff* Did any of you blink? (Nope, not in weeks!) Well, somebody finally blinked. And it was just the trigger Wall Street needed to do a little profit-taking. The Dow quickly shed more than 400 points in the early hours of […]
Consumer prices set another abysmal record for the U.S. economy. There haven’t been this many bad records since disco. Deflation at the Disco; Atomic Datadog; Musk the Martyr May 12, 2020 by Joseph Hargett Great Stuff Wall Street Spins Records This year is all about spinning records. Now, I love to drop vinyl on the turntable as much as the next guy. OK, probably more. There’s just a warm, nostalgic sound with records that you don’t get in today’s sanitized, digital world. But the U.S. economy hasn’t exactly dropped the decade’s […]

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