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Latest Insights on PENN

Be a Smart Investor in a Gambler’s Stock Market [5-minute read] These time-tested tips will help you avoid big losses. You don’t have to sit on the sidelines … but whatever you do, don’t be seduced by the sports better’s mentality.
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
by Joseph Hargett June 15, 2020 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 […]
Tesla: To Infinity and Beyond? (5-minute read) This weekend saw a historic rocket launch — the first time American astronauts have been launched from American soil in nine years. Elon Musk’s SpaceX is ushering in the future, and Chad Shoop expects his other companies to benefit.
The REAL Reason for the Market’s Rally When things become less uncertain, it paves the way for a rally higher. And that’s why we won’t see those lows of March anytime soon…
Wall Street thinks that stocks, like Sneetches, are all the same right now. But what happens when the unlimited stimulus rug is pulled out from under you? S&P Sneetches Say Stocks Shift the Same
by Joseph Hargett May 28, 2020 Great Stuff
Star-Belly Sneetches Today, we’re taking a trip back to childhood to discuss a famous Dr. Seuss story: The Sneetches. (Actually, we’re talking about the correlation of S&P 500 stocks … but you’ll see where I’m going with this shortly.) You see, Star-Belly Sneetches have stars on their bellies and Plain-Belly Sneetches have none. Then Sylvester […]

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