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Latest Insights on PM

I Quit Using Cash. Did You? I don’t remember the last time I paid with cash, especially in the age of coronavirus. And I’m not the only one not spending cash.
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
by Joseph Hargett June 11, 2020 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 […]
How Our Stock Picks Crushed the Market, in 1 Chart [5-minute read] A small but devoted group of critics say I told them to stay out of stocks … here’s what I have to say to them.
Make Big Gains From the U.S.-China Tech War After taking a backseat to the pandemic crisis, trade tensions between the U.S. and China have flared up once again. There are serious concerns that China won’t make good on promises to buy American energy and agricultural products. And if that happens, the Trump administration may nix the big phase 1 trade deal. So once […]
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?
by Joseph Hargett May 27, 2020 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. […]

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