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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 […]

The Nasdaq just hit an all-time high. Why not the Dow or the S&P 500? Why isn’t Wall Street’s old guard leading this Fed-fueled rally?

The Future Is Now: Nasdaq Necks New Highs June 4, 2020 by Joseph Hargett Great Stuff Why the Nasdaq? Something astounding happened today, dear reader. The Nasdaq Composite just broke out to fresh all-time highs. You’re probably questioning why any part of the market is hitting all-time highs when weekly jobless claims and total unemployment figures still come in worse than expected. Or, for that matter, why stocks are rallying at […]

We’re so close to breaking out to the biggest market buying opportunity we’ve seen since 2009.

Opportunities Abound; Warner Music IPO, Zoom Will Grow, CrowdStrike Now! June 3, 2020 by Joseph Hargett Great Stuff The End Is Near Wall Street began the day with a friendly voice, a companion unobtrusive … well, at least as unobtrusive as any companion can be right now. The ADP private payroll figures arrived today, and there’s really only one way to describe them: “obviously an awful number, but not as catastrophic as expected.” […]