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Econ Recon; Jobs at Amazon; Theaters Be Gone
March 17, 2020 Great Stuff
Dead Cats Can Dance Initial reports on the U.S. economy started rolling in this morning … and I’m not sure if you really want to look or not. The New York Federal Reserve’s Empire State Manufacturing Index plunged by the biggest margin on record: 34.4 points. The reading, which now stands at -21.5, indicates contraction […] Fed on the Run; Apple Stunned; Airlines Plunge
March 16, 2020 Great Stuff
When the Fed Hits the Fan… Anyone else feel like they’re stuck in a time loop? This morning, U.S. futures trading halted after hitting a down-limit loss of 5% … again. Then, immediately after the markets opened for regular trading, stocks plunged 8% to trigger another halt … again. This fresh round of Wall Street […] Viral Taxes, Tesla Production Maxes, Dick’s Be Axin’
March 10, 2020 Great Stuff
Tax Cuts for Viruses I have a TLDR (too long, didn’t read) for you today: Stocks are up today … because stocks were down yesterday. It’s a bit tongue-in-cheek, but if the shoe fits … I think we can all agree that the market’s volatility has just been ridiculous lately. The financial media tell you […] Coronavirus Chaos: You HAVE to Buy This Dip
March 2, 2020 2020 Financial Crisis, Stocks, Winning Investor Daily
Outbreaks such as SARS and the swine flu weren’t as deadly as many had feared. That seems to be the case again today with the coronavirus. While Wall Street Falls, Great Stuff Goes Alpha
February 28, 2020 2020 Financial Crisis, Great Stuff
Friday Four Play: The “Get a Leg up” Edition It’s no secret … I like being right. But to reference a line from The Matrix: “Not like this. Not like this.” So far this week, the Dow is off 3,200 points … and counting. Wall Street’s favorite barometer is down roughly 13% from its February […]