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Nearly every economic indicator points toward a Great Depression-like catastrophe, but the market is on a three-day, hope-inspired winning streak. It’s different this time. 3M’s Mask-on Magic; Pfizer Pfalls; Caterpillar Crawls April 28, 2020 by Joseph Hargett Great Stuff It’s Different This Time It’s the mantra of the hopeful and the rally cry of bullish investors whenever the market takes a turn for the worse. As I scanned headlines in the financial media this morning, the simple truth of these words struck me. Take this morning’s original MarketWatch headline for example: “Stocks rise for […]
Trump requested $237 million for quantum computing. Now that’s a horse (and a tech mega trend) of a different color. Quantum Investing; Beyond Retail; Wayfail; Shwedy Security April 27, 2020 by Joseph Hargett Great Stuff A Quantum Leap Today, dear readers, we take off our quarantine masks and put on our thinking caps. Well … figuratively speaking, at least. Keep those masks on for now, please. Why our thinking caps? Because President Trump’s 2021 budget requests $237 million in funding for quantum computing. Roughly $25 million of that budget request […]
Demand has surged for stock-trading info, and it sets off my contrarian senses. (They’re like spider senses, but nowhere near as cool.) Volatility Is Your Friend; Beyond Meat Is Hot Again April 24, 2020 by Joseph Hargett Great Stuff Friday Four Play: The “Shoeshine Moment” Edition I have a bit of a rant today. The thing is, I’m getting bombarded by friends and family asking how to buy stocks. It’s getting out of hand. “Relatives” are popping up all over the place asking for recommendations. Heck, I’ve even had people on my PlayStation friends […]
The economy sheds 26 million jobs, and Wall Street rallies. No, this isn’t a glitch in the Matrix … no matter how much we wish it was. Economy Grapples; Targeting Apples; New Great Stuff Pick! April 23, 2020 by Joseph Hargett Great Stuff Goodbye Yellow Brick Road When are you gonna come down? When are you going to land? Filings for initial jobless claims jumped by 4.4 million last week, the U.S. Department of Labor reported today … and the market rallied. No, this isn’t déjà vu. This isn’t a glitch in the Matrix … no matter how […]
The U.S. Senate just passed a new $484 billion pandemic relief bill. I was just thinking that I wasn’t stimulated enough. Oilers Upset; Nothin’ Streamin’ but Debt April 22, 2020 by Joseph Hargett Great Stuff Much Ado About Nothing? For the past several days, Wall Street fretted over plunging oil prices. Well, Wall Street was concerned for a while … the financial media just decided it was finally time to take notice. In classic financial media form, however, it appears that the hype surrounding negative oil prices actually prompted a […]

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