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Wall Street shrugs as the U.S. economy goes from the lowest unemployment rate in 50 years to the worst in 50 years … in less than two months. Who Needs Jobs?; Uber Eats $3 Billion Loss; Roku’s Still Boss May 8, 2020 by Joseph Hargett Great Stuff Friday Four Play: The ¯\_(ツ)_/¯ Edition It’s official. The U.S. economy is in tatters … and Wall Street doesn’t seem to mind. According to the Labor Department, the U.S. lost a record 20.5 million jobs in April. That’s roughly 25 times more lost jobs than in the worst month of the 2008 financial crisis. Furthermore, […]
As jobless claims continue to soar, Wall Street’s sliver lining is “at least they aren’t soaring more.” Jobs on the Line; Peloton’s Doing Fine May 7, 2020 by Joseph Hargett Great Stuff Wall Street’s Breaking Bad This must be Thursday. I never could get the hang of Thursdays. — Arthur Dent, The Hitchhiker’s Guide to the Galaxy. Indeed, it is Thursday, dear reader. And you know what that means … weekly unemployment claims and a market rally. (More optimistically, it’s also Reader Feedback day! Read on…) The […]
Market Plunge Market Plunge Ahead: Sell These 2 Stocks Today May 6, 2020 by John Ross 2020 Financial Crisis, American Investor Today, Stocks (3-minute read) It looks like the market’s next plunge has already begun. John Ross has two charts to show you the market giants you must dump today — or ride their downfall to triple-digit profits.
P.S. The Sunday Poll of the Week is about owning physical gold and gold mining stocks. We’d love to learn more about your personal trading habits! So please check your email Sunday morning and answer our quick, one-question survey. Gold and Silver Boom — 4 Stocks to Buy Now May 2, 2020 by Winning Investor Daily Team Gold, Investment Opportunities, Winning Investor Daily Brian Christopher shares his thoughts on gold and silver stocks, and explains why he thinks the four companies he recommended in November are still a buy.
In the market’s sea of frothing bullishness, someone almost had an epiphany … and then stumbled over a pile of Fed cash and forgot it. 30 Million Unemployed; Tesla Cries Freedom; Microsoft Goes Hard April 30, 2020 by Joseph Hargett Great Stuff On the Turning Away… …from the pale and downtrodden … and the words that they say which we don’t understand. Wall Street almost — almost — became aware of the U.S. economy this morning. Continuing the epic U.S. employment saga, the Labor Department put another brick in the unemployment wall this morning. Some 3.8 million […]

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