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Latest Insights on PENN

Vultures are Circling — These Stocks are Going to Zero Things are looking ugly in West Texas. The collapse in energy prices is threatening oil and natural gas producers. Matt Badiali shares why this group of stocks could get wiped out.
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
by Joseph Hargett April 16, 2020 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 […]
The pandemic’s worst may be over, but this is just the tip of the pandemic iceberg where the U.S. economy is concerned. Titanic Earnings; Choppy Sailing; Cinemas Failing
by Joseph Hargett April 13, 2020 Great Stuff
A Titanic Earnings Season The markets rallied sharply last week in anticipation that things are starting to get better. And, admittedly they are … where the pandemic is concerned. According to the Centers for Disease Control and Prevention (CDC), the outbreak is finally stabilizing across the U.S. Dr. Anthony Fauci, director of the National Institute […]
bear market mistake Avoid the No. 1 Bear Market Mistake This is the fifth bear market or near bear market of my investing career. I made this mistake my first couple of times to the rodeo too.
The Fed’s emergency rate cut sent a message to Wall Street, but it’s not the message of hope that Fed Chair Jerome Powell thinks he sent. Powell Panics; AMD’s Frantic; Tesla Analysts Are Manic
by Joseph Hargett March 3, 2020 Great Stuff
Powell’s Panic at the Disco I originally wrote a nice Shakespearean Hamlet dissertation on “to buy, or not to buy?” in the current market environment. It was peppered with references, such as “suffering the slings and arrows of an uncertain market” and “taking up arms to go bargain-hunting in a sea of troubles.” It was […]

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