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Latest Insights on SST

Pot Stocks Are Surging: Best Buys in This Risky Sector (3-minute read) Cannabis stocks have surged from their March lows. But beware: This industry is fraught with risk for novice investors.
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
by Joseph Hargett May 29, 2020 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 … […]
There was a crack in Wall Street’s armor today, but it wasn’t jobless claims that made investors blink … it was China. Senate Wise Guys Draw China Eyes
by Joseph Hargett May 21, 2020 Great Stuff
The New Red Scare Here we are… Another Thursday, another weekly initial jobless claims report … and another stock market rally? Some 2.4 million Americans filed for first-time unemployment claims last week. The nine-week total of continuing claims now stands at nearly 39 million. Despite Main Street’s pain, Wall Street’s song remains the same. The […]
Positive vaccine data prompts stock market spike. Is this the beginning of the end for the coronavirus nightmare? Vaccine Dreams: Moderna, Sorrento and Novavax
by Joseph Hargett May 18, 2020 Great Stuff
Damn the Torpedoes! The U.S. economy’s got something. We both know it, but we don’t talk too much about it. Ain’t no real big secret all the same. Somehow, we get around it. Listen, it don’t really matter to Wall Street. Investors believe what they want to believe. And what Wall Street believes right now […]
The U.S. Senate just passed a new $484 billion pandemic relief bill. I was just thinking that I wasn’t stimulated enough. Oilers Upset; Nothin’ Streamin’ but Debt
by Joseph Hargett April 22, 2020 Great Stuff
Much Ado About Nothing? For the past several days, Wall Street fretted over plunging oil prices. Well, Wall Street was concerned for a while … the financial media just decided it was finally time to take notice. In classic financial media form, however, it appears that the hype surrounding negative oil prices actually prompted a […]

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