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Avoid These 2 Sick Stocks — Look at This Healthy One Instead May 28, 2020 by Charles Mizrahi 2020 Financial Crisis, American Investor Today, Stocks (8-minute video) Is the stock market going to soar higher or fall back down to test the lows? Charles Mizrahi, frankly, doesn’t give a damn. He won’t waste time trying to figure out the direction of the market during the short term. Instead he focuses on sound businesses trading at bargain prices.
With 36 million jobless claims and the China trade deal in the hot seat, Wall Street may have finally realized the enormity of the U.S.’s economic situation. A Claim Too Far: The Market’s Line in the Sand May 14, 2020 by Joseph Hargett Great Stuff Batten Down the Hatches I struggled with sugarcoating things for you today, but then I remembered … this is Great Stuff, we don’t do that here! For the past couple of weeks, the market has idled in the eye of the pandemic storm. For all the volatility, the market has made little headway since early […]
Federal Reserve Chairman Jerome Powell spoke this morning, and it was all that Wall Street could do to keep from crying. Powell’s Wake-Up Call; Uber Eats It All; Progyny Stands Tall May 13, 2020 by Joseph Hargett Great Stuff You Don’t Have to Call Me Darlin’ When Federal Reserve Chairman Jerome Powell spoke this morning, well … it was all that Wall Street could do to keep from crying. Speaking during a webcast with the Peterson Institute for International Economics, Powell warned that the COVID-19 pandemic could “leave behind lasting damage” to U.S. economic […]
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, […]
As jobless claims continue to soar, Wall Street’s sliver lining is “at least they aren’t soaring more.” Jobs on the Line; Peloton’s Doing Fine May 7, 2020 by Joseph Hargett Great Stuff Wall Street’s Breaking Bad This must be Thursday. I never could get the hang of Thursdays. — Arthur Dent, The Hitchhiker’s Guide to the Galaxy. Indeed, it is Thursday, dear reader. And you know what that means … weekly unemployment claims and a market rally. (More optimistically, it’s also Reader Feedback day! Read on…) The […]

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