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Latest Insights on OPI

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 […]
A lack of storage sent oil prices negative. They’re practically paying you to take oil right now. That’s bad, in case you were wondering. Oil Be Back … With Fake Pork and Coke April 21, 2020 by Joseph Hargett Great Stuff The Reverse Beverly Hillbillies Have you ever wanted to own your own barrel of oil? You know, just for funsies? Well, you are in luck! Due to pandemic lockdowns, plunging demand and a lack of storage space — the price of crude oil plummeted to the low, low price of about $1.25 today. Heck, 10-year-old […]
Don’t let this market play you for a fool. She don’t show no pity. She don’t make no rules. The Great Gilead Gaffe; P&G Earnings Are No Laugh April 17, 2020 by Joseph Hargett Great Stuff Friday Four Play: The “Fool in the Rain” Edition In the evening, when the day is done, I’m looking for market sanity, but the girl don’t come. So, don’t let the market play you for a fool. She don’t show no pity. She don’t make no rules. Last night, I scanned the market headlines before […]
deficit ball of money about to explode $3.8 Trillion Deficit Means Another Financial Crisis April 17, 2020 by Ian King 2020 Financial Crisis, U.S. Economy, Winning Investor Daily This year’s spending will put the country at its highest debt levels since World War II, when fiscal deficits soared to pay for war spending.
Former Fed Chair Bernanke predicted that U.S. gross domestic product would fall 30%. Tell me again how we’re not comparing this to the Great Depression? Manic Markets, Sailing Saudis and Muddy Waters April 8, 2020 by Joseph Hargett Great Stuff The Volatility Experience Manic depression is searching my soul. I know what I want, but I just don’t know. — Jimi Hendrix, “Manic Depression.” Did you see yesterday’s reversal? The market was up more than 3% across the board and then … pow! Total market reversal. Someone must’ve crossed the streams. Rather than panic about […]

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