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This certainly doesn’t look like a “12% away from all-time highs” market or economy to me. Does it to you?

Dow 25,000? Get Real; Robinhood’s Most Wanted … Is Carnival? May 27, 2020 by Joseph Hargett Great Stuff Enema of the State I’m in a mood today, dear reader, so let this be a warning that a rant is incoming. First, let’s start out with today’s astonishing development that sparked this Great Stuff mood. The Dow Jones Industrial Average topped 25,000 today — the culmination of a 35% rush off its March lows. […]

The market is dying to COVID-19 fear, but Great Stuff is killing it… (Phrasing? Do we not do “phrasing” anymore?)

While Wall Street Falls, Great Stuff Goes Alpha February 28, 2020 by Joseph Hargett 2020 Financial Crisis, Great Stuff Friday Four Play: The “Get a Leg up” Edition It’s no secret … I like being right. But to reference a line from The Matrix: “Not like this. Not like this.” So far this week, the Dow is off 3,200 points … and counting. Wall Street’s favorite barometer is down roughly 13% from its February […]

Give me enough leverage and a platform to trade on, and I shall move markets.

Robinhood’s Infinite Leverage or “Infinite Money Cheat Code” November 6, 2019 by Joseph Hargett Great Stuff Robinhood’s Infinite Leverage The ancient Greek mathematician Archimedes once wrote: “Give me a lever long enough and a fulcrum on which to place it, and I shall move the world.” Now, before you get worried that I’m going to drone on about ancient Greece, this quote also applies to investing. A modern-day Archimedes focused on […]

IPO unicorns; Wall Street tech darlings are falling flat. WeWork joins Peloton, Uber, Slack and Chewy in the IPO dissapointment hall of fame.

Wall Street’s IPO “Unicorn” Era Is Over — and That’s Good October 1, 2019 by Jeff Yastine Uncategorized The thrashing of the unicorns is just what the stock market needs to keep the decade-long bull alive and kicking.

Tesla’s “Production Hell” and “Logistics Hell” Tanks Shares July 25, 2019 by Joseph Hargett Great Stuff “Living easy, living free. Season ticket on a one-way ride.” AC/DC ain’t got nothing on Tesla Inc. (Nasdaq: TSLA). After going through “production hell” and “logistics hell,” CEO Elon Musk is in his own personal hell this morning. Tesla posted a loss of $1.12 per share in the second quarter, missing even the most bearish […]