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Goldman Sachs aside, the financial sector is struggling. Low interest rates, while good for the gander, are not always good for the goose.

Goldman Gains; Fargo Forgotten; B. of A.? No Way October 14, 2020 by Joseph Hargett Great Stuff Welcome to the Bank Parade When I was a young trader, my father took me to New York City to see a banking man. He said: “Son, when you grow up would you be a trader at Goldman Sachs, Morgan Stanley or Citibank?” He said: “Will you defeat them, your losses and all the market […]

Theaters’ times have come. They were here, but now they're gone. Walt Disney don’t fear the streamer. Take its hand; you'll be able to fly.

Disney Slams Theaters; JPMorgan Slams Earnings; J&J Slams Everyone October 13, 2020 by Joseph Hargett Great Stuff Don’t Fear the Streamer Theaters’ times have come. They were here, but now they’re gone. Walt Disney Co. (NYSE: DIS) don’t fear the streamer, with Disney+, Hulu and ESPN+. We can be like they are. (Come on, baby.) Don’t fear the streamer! After the close last night, Disney announced it will restructure its media and […]

Earnings expectations are high, but can corporate profits outshine the black smoke rising from the U.S. economy?

Earnings Confessions; Ford’s Positive Shift; Apple’s 5G Facelift October 12, 2020 by Joseph Hargett Great Stuff A Smoking Earnings Season On Wall Street there is a tower, where analysts look out to the land to see traders quickly passing by. This is for their own desire, lifting expectations to feel the power boiling in their veins… (Oh oh oh oh oh yeah. Yeah.) Expectations rising, from economic fires we’ve been told. […]

It’s time for more political theater. Grab the chips, some pizza and keep an eye on pot stocks as Congress plays kick the stimulus football.

Chips, Pizza, Pot and Political Theater October 9, 2020 by Joseph Hargett Great Stuff Friday Four Play: The “OMG, Why Are We Talking About Politics” Edition Well, we made it through another week … somehow. And somehow, we’re right back where we started. Remember the three pillars in Monday’s Great Stuff meme? Government stimulus, the Fed and tech stocks holding up Wall Street? After President Trump backed out of […]

Ah, Feedback days: Where we answer your questions, let you rant, riff on your insanity and address your concerns about stocks and the market.

Reader Roundup: Sensors and Sensibilities October 8, 2020 by Joseph Hargett Great Stuff Stairway to Great Stuff Welcome to Reader Feedback day! The day that’s all about you, the Great Stuff reader — the Great One, if you will. Today’s the day when we answer your questions, address your concerns about stocks and the market, let you rant … and generally riff off whatever insanity you send our […]