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Great Stuff 7-31-2019 The Fed Gives In, but Not Enough for Wall Street
by Joseph Hargett July 31, 2019 Great Stuff
Wall Street Needs a Bigger Pacifier Do any of you have kids? I have two. That period around age 3 to 4 is just hell. They ask for everything under the sun and cry when they don’t get it — or even when they do get it. That is the perfect analogy for Wall Street […]
Great Stuff 7-30-2019 Capital One Hacked, Beyond Meat Butchered
by Joseph Hargett July 30, 2019 Great Stuff
Look Kids, Big Ben … Parliament! Summer vacation is in full swing on Wall Street. Just be sure to check your wallet, especially if it’s a Capital One Financial Corp. (NYSE: COF) wallet. Unfortunately, it’s a Griswold family vacation … and investors are stuck on a roundabout. Both the Dow and the S&P 500 have […]
Great Stuff 7-15-2019 China, Aliens and Earnings … Oh My!
by Joseph Hargett July 15, 2019 Great Stuff
I leave for a week … and this is what I come back to? More than one million Facebook Inc. (Nasdaq: FB) users have signed up for a raid on Area 51 in Nevada on September 20. The goal of these intrepid raiders? To “see them aliens.” Has the whole world gone mad? Actual market […]
Great Stuff 7-1-2019 The Trade War Truce Rally: AMD, Apple, Nvidia and Oil?
by Joseph Hargett July 1, 2019 Great Stuff
Today’s G-20 rally is no surprise. There was no way President Donald Trump was coming out of the G-20 meeting without a win — one way or another. And he certainly got a win. I’m not talking about the pause in the trade war — that was a given. It fits Trump’s M.O. to a […]
Great Stuff 6-26-2019 Why Now is Not the Time to Buy Micron Stock
by Joseph Hargett June 26, 2019 Great Stuff
Chips are back, baby! Micron Technology Inc. (Nasdaq: MU) is parting the Red Sea, rallying more than 12% and leading semiconductor stocks to higher ground. Nvidia Corp. (Nasdaq: NVDA) and Advanced Micro Devices Inc. (Nasdaq: AMD) are both up about 5%. Applied Materials Inc. (Nasdaq: AMAT) is up nearly 4%. Even Qualcomm Inc. (Nasdaq: QCOM) […]

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