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The Fed just pulled back the curtain on the U.S. economy, and Wall Street didn’t like what it saw. Remember, market volatility is a double-edged sword. When Market Feels Fail; Readers Talk Tesla June 11, 2020 by Joseph Hargett Great Stuff Feel Good Inc. The city’s breaking down on a camel’s back. They just have to go ‘cause they don’t know whack. — “Feel Good Inc.”, Gorillaz. What changed? I woke up this morning to a Dow futures fire sale — down 900 points. When Wall Street finally opened, the market was deep in the red […]
Drama builds in the electric-vehicle market as Tesla and Nikola go head to head, while Ford jaunts off to Germany with Volkswagen. Nikola Vs. Tesla; Uber Out; GameStopped June 10, 2020 by Joseph Hargett Great Stuff The EV Soap Opera Drama Like sands through the hourglass, so are the days of electric-vehicle (EV) lives! In yesterday’s episode of EV Days, upstart Nikola Corp. (Nasdaq: NKLA) tried to take advantage of a weakened Tesla Inc. (Nasdaq: TSLA). While Tesla still recuperated in a hospital bed from a nasty virus, Nikola announced that […]
Wall Street finally blinked, and it was just the trigger investors needed to do a little profit-taking. Bulls Blink, Badgers on the Brink, Ford Stinks June 9, 2020 by Joseph Hargett Great Stuff Don’t Blink Did you blink? I didn’t blink. *Looks around at the Great Stuff staff* Did any of you blink? (Nope, not in weeks!) Well, somebody finally blinked. And it was just the trigger Wall Street needed to do a little profit-taking. The Dow quickly shed more than 400 points in the early hours of […]
Still betting against the Fed in this market? This billionaire hedge fund manager was humbled for doing just that. Fed Week Kicks Off; Gilead Buyout Talks; Dunkin’ With Donuts June 8, 2020 by Joseph Hargett 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 […]
The “Grand Reopening” proves that April’s lost jobs are still waiting for employees to return. Now if this virus thing would just pass… Jobs Surprise; Tech Teams Up; The Truth Hertz June 5, 2020 by Joseph Hargett 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 […]

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