Latest Insights on ESTE
Tesla Sets Walmart on Fire … Literally
August 21, 2019 Great Stuff
Mr. Powell’s Wild Ride I’m exhausted. Are you exhausted? August has already seen the S&P 500 Index make eight moves of 1% or more. Eight! And the day’s not even over yet, let alone the month. Today, the Federal Reserve will release the minutes from its July 30–31 policy meeting. Wall Street will be scouring […] Millennial Market Madness; Baidu’s Blowout; iQiyi’s Leftovers
August 20, 2019 Great Stuff
Millennial Market Madness We have a problem in the market right now. It’s driving massive amounts of fear and panic. No, not U.S.-China tariffs … the other problem. Not slowing global economic growth … the other problem. Not the potential for General Electric Co.’s (NYSE: GE) crappy accounting to bring Wall Street to its knees […] German Stocks Are Stimulating; Weibo Corp. & Estée Lauder Find Earnings Success
August 19, 2019 Great Stuff
Germany and China join the economic stimulus bandwagon, and Wall Street loves it. GEnron, Nvidia’s New Normal and Buying Greenland
August 16, 2019 Great Stuff
Friday Four Play: GEnron, Nvidia’s New Normal and Buying Greenland The word on the Street today is that the market’s rallying because of strong consumer spending. Well, rallying is a strong word. Bouncing, maybe? Pretty much any positive news is going to lift spirits at this point, and Wall Street is clinging tightly to any […] Walmart Won’t Yield for the Inverted Curve; Alibaba Black Sheep
August 15, 2019 Great Stuff
No Money, Mo’ Problems OK, class. Today, I’m going to try to learn you something. I’m sure you’ve heard that the Dow plunged more than 800 points yesterday — its biggest one-day loss of the year. The reason for that plunge was the inverted yield curve. You may have also heard from the financial media […]