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Forget bulls and bears — this is the kangaroo market, and you need to beware. It’s not just market volatility that we’re talking about there…

Kangaroo Market; A Pilgrim’s Shame; The Shop-Mart Gang June 15, 2020 by Joseph Hargett Great Stuff The Kangaroo Market According to Merriam-Webster, a kangaroo court is “a mock court in which the principles of law and justice are disregarded or perverted.” Now, you’ve heard of kangaroo courts before, right? But have you ever heard of a kangaroo market? On Friday, Berenberg Capital Markets analyst Jonathan Stubbs forwent the usual “bull” or […]

Still betting against the Fed in this market? This billionaire hedge fund manager was humbled for doing just that.

Fed Week Kicks Off; Gilead Buyout Talks; Dunkin’ With Donuts June 8, 2020 by Joseph Hargett Great Stuff Humbled By The Fed Hey, y’all … it’s Fed week! Are you ready? Are you pumped up to hear from the U.S. Federal Reserve on the state of the U.S. economy? Rarely will you see a stock market more excited about the prospect of the Fed doing absolutely nothing than this week. Economists expect Fed […]

The “Grand Reopening” proves that April’s lost jobs are still waiting for employees to return. Now if this virus thing would just pass…

Jobs Surprise; Tech Teams Up; The Truth Hertz June 5, 2020 by Joseph Hargett Great Stuff Friday Four Play: The “Pedal to the Metal” Edition I’ve been trading all night; my hands are wet on the keys. There’s a voice in my head that drives my feels. It’s the market callin’, says “I need you here.” And it’s half past four, and I’m shifting gears. We don’t need no letter at […]

Wall Street is most certainly faking it right now. And that, dear reader, is why Great Stuff remains pert’near bearish on the entire shebang.

Fake Markets, Shopify Targets and Tesla’s “Karen” Musk May 22, 2020 by Joseph Hargett Great Stuff Friday Four Play: The “Fake It Until You Make It” Edition It’s been a really really messed up week. Five days of bad data, five days of going nowhere. And the market went and cheated on me. It’s in the Fed’s back pocket and it doesn’t even matter. (La, la, la … whatever. La, la, […]

All-time highs? In this market? It’s more likely than you’d think. All three of today’s focus companies are knocking it out of the park right now, so take note!

Job Unrest; Abbott Tests; Netflix’s Best April 16, 2020 by Joseph Hargett Great Stuff You’ve Got a Friend in Me “So, no one told you life was gonna be this way … (insert clapping here).” Weekly jobless claims are in, dear reader, and I had to do a double take. Roughly 5.24 million Americans filed new unemployment claims last week, according to the U.S. Department of Labor. Now, we’ve […]