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Latest Insights on WK

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? May 27, 2020 by Joseph Hargett 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. […]
From comfort shopping to retail investing, Americans go stir-crazy during the pandemic lockdown. Lockdown Pastimes; Novavax Big Time; Travel Stocks Climb May 26, 2020 by Joseph Hargett Great Stuff Stir-Crazy Investors We’re all itching to get out and participate in the U.S. economy’s “Great Reopening.” If reports from the Memorial Day holiday weekend are any indication, some of us are a lot more eager than others … I’m looking at you Lake of the Ozarks partygoers. As the country reopens, now is an excellent […]
A Double Bottom Would Be Bad News for These Big Companies May 8, 2020 by Ted Bauman 2020 Financial Crisis, Big Picture. Big Profits., Investing, Stocks [14-minute video] Giant corporations are using this crisis as an excuse to fleece their customers … but the stock market is about to punish them.
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 […]
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 […]

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