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NASDAQ:ADN charts & data provided by TradingView

Latest Insights on ADN

Wall Street shrugs as the U.S. economy goes from the lowest unemployment rate in 50 years to the worst in 50 years … in less than two months. Who Needs Jobs?; Uber Eats $3 Billion Loss; Roku’s Still Boss May 8, 2020 by Joseph Hargett Great Stuff Friday Four Play: The ¯\_(ツ)_/¯ Edition It’s official. The U.S. economy is in tatters … and Wall Street doesn’t seem to mind. According to the Labor Department, the U.S. lost a record 20.5 million jobs in April. That’s roughly 25 times more lost jobs than in the worst month of the 2008 financial crisis. Furthermore, […]
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 […]
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 April 9, 2020 by Joseph Hargett 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 […]
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 […]
After 15 days of social distancing and scouring the earth for anything that resembles toilet paper … the market wants nothing more than a return to normalcy. Viable Vaccines and Yesterday’s Dreams March 30, 2020 by Joseph Hargett Great Stuff There’s an Ordinary World… Somehow I have to find. And as I try to make my way to the ordinary world, I will learn to survive. I hope you like spending time with your family, ‘cause we’re in for another month of social distancing. As part of his regular COVID-19 briefing to the American people, […]

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