Latest Insights on EYE
Wall Street’s Usual Suspects; Royal Drugs and Wireless Bugs
June 16, 2020 Great Stuff
The Usual Suspects The market’s usual suspects are at it again. I’ll let you argue over who’s Mr. Pink, Mr. Brown, et cetera. There are three reasons why the market rallied today: coronavirus news, economic data and the Federal Reserve. The biggest of these, naturally, is the Federal Reserve. Yesterday, Fed Chairman Jerome Powell announced […] Ignore Wall Street Analysts — Here’s Why
June 16, 2020 American Investor Today, News, Seasonal Trends, Stocks
(4-minute read) Most Wall Street analysts are more interested in looking like they’re paying attention than actually paying attention. Luckily, Chad Shoop isn’t a Wall Street analyst. He has a much better way to predict the market. Kangaroo Market; A Pilgrim’s Shame; The Shop-Mart Gang
June 15, 2020 Great Stuff
The Kangaroo Market According to Merriam-Webster, a kangaroo court is “a mock court in which the principles of law and justice are disregarded or perverted.” Now, you’ve heard of kangaroo courts before, right? But have you ever heard of a kangaroo market? On Friday, Berenberg Capital Markets analyst Jonathan Stubbs forwent the usual “bull” or […] Fed Week Kicks Off; Gilead Buyout Talks; Dunkin’ With Donuts
June 8, 2020 Great Stuff
Humbled By The Fed Hey, y’all … it’s Fed week! Are you ready? Are you pumped up to hear from the U.S. Federal Reserve on the state of the U.S. economy? Rarely will you see a stock market more excited about the prospect of the Fed doing absolutely nothing than this week. Economists expect Fed […] Jobs Surprise; Tech Teams Up; The Truth Hertz
June 5, 2020 Great Stuff
Friday Four Play: The “Pedal to the Metal” Edition I’ve been trading all night; my hands are wet on the keys. There’s a voice in my head that drives my feels. It’s the market callin’, says “I need you here.” And it’s half past four, and I’m shifting gears. We don’t need no letter at […]