Lockdown Pastimes; Novavax Big Time; Travel Stocks ClimbMay 26, 2020by Joseph HargettGreat StuffStir-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 […]
Titanic Earnings; Choppy Sailing; Cinemas FailingApril 13, 2020by Joseph HargettGreat StuffA Titanic Earnings Season The markets rallied sharply last week in anticipation that things are starting to get better. And, admittedly they are … where the pandemic is concerned. According to the Centers for Disease Control and Prevention (CDC), the outbreak is finally stabilizing across the U.S. Dr. Anthony Fauci, director of the National Institute […]
Manic Markets, Sailing Saudis and Muddy WatersApril 8, 2020by Joseph HargettGreat StuffThe Volatility Experience Manic depression is searching my soul. I know what I want, but I just don’t know. — Jimi Hendrix, “Manic Depression.” Did you see yesterday’s reversal? The market was up more than 3% across the board and then … pow! Total market reversal. Someone must’ve crossed the streams. Rather than panic about […]