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Latest Insights on PM

Earnings season headlines promote a feeling of “everything’s OK” … but a darker message lies just beneath the surface. Relishing Relief: Fastenal Your Seatbelts
by Joseph Hargett April 14, 2020 Great Stuff
How Do You Spell Relief? And they’re off! The first (annual?) U.S. quarantined corporate earnings season kicked off this morning, and investors loved the red-hot rally action. It was 2% to 3% gains across the board as the market opened. Wall Street finally has concrete data on how the pandemic has affected American businesses. JPMorgan […]
The pandemic’s worst may be over, but this is just the tip of the pandemic iceberg where the U.S. economy is concerned. Titanic Earnings; Choppy Sailing; Cinemas Failing
by Joseph Hargett April 13, 2020 Great Stuff
A Titanic Earnings Season The markets rallied sharply last week in anticipation that things are starting to get better. And, admittedly they are … where the pandemic is concerned. According to the Centers for Disease Control and Prevention (CDC), the outbreak is finally stabilizing across the U.S. Dr. Anthony Fauci, director of the National Institute […]
I want to believe the market rally means a new bull market, and that rainbows and monkeys will fly out of my … well, you get the picture. Market FOMO Rising; Disney Plus Ultra
by Joseph Hargett April 9, 2020 Great Stuff
Mr. FOMO Risin’ If you ever needed clear proof that the stock market does not represent the U.S. economy, today provided it. The U.S. Department of Labor announced that 6.6 million Americans filed for first-time unemployment benefits last week. The latest data bring the total of new claims to more than 16 million for the […]
If You Didn’t Listen, It’s Not Too Late — Here’s 1 Great Buy Today The oil sector was crushed. But that shouldn’t surprise anyone that’s been paying attention to the sector. With the market trying to recover, its more important now than ever before to look for great companies at bargain prices. Charles Mizrahi shares why this one tech company is set to thrive no matter how long the recovery takes.
It is the best of times; it is the worst of times. The market rallied in the spring of hope, but we’re likely headed toward a coronavirus winter of despair. Tangled Market Morgans; Therapy in the Lap of Luxury
by Joseph Hargett April 6, 2020 Great Stuff
A Tale of 2 Morgans It is the best of times; it is the worst of times. We’re living in both an age of wisdom and an age of foolishness. And while this weekend’s coronavirus news helped lift expectations for the spring of hope … we’re likely headed toward a winter of despair. Dickens? On […]

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