Latest Insights on DAL
The Future Is Now: Nasdaq Necks New Highs
June 4, 2020 Great Stuff
Why the Nasdaq? Something astounding happened today, dear reader. The Nasdaq Composite just broke out to fresh all-time highs. You’re probably questioning why any part of the market is hitting all-time highs when weekly jobless claims and total unemployment figures still come in worse than expected. Or, for that matter, why stocks are rallying at […] Dow 25,000? Get Real; Robinhood’s Most Wanted … Is Carnival?
May 27, 2020 Great Stuff
Enema of the State I’m in a mood today, dear reader, so let this be a warning that a rant is incoming. First, let’s start out with today’s astonishing development that sparked this Great Stuff mood. The Dow Jones Industrial Average topped 25,000 today — the culmination of a 35% rush off its March lows. […] Lockdown Pastimes; Novavax Big Time; Travel Stocks Climb
May 26, 2020 Great Stuff
Stir-Crazy Investors We’re all itching to get out and participate in the U.S. economy’s “Great Reopening.” If reports from the Memorial Day holiday weekend are any indication, some of us are a lot more eager than others … I’m looking at you Lake of the Ozarks partygoers. As the country reopens, now is an excellent […] Senate Wise Guys Draw China Eyes
May 21, 2020 Great Stuff
The New Red Scare Here we are… Another Thursday, another weekly initial jobless claims report … and another stock market rally? Some 2.4 million Americans filed for first-time unemployment claims last week. The nine-week total of continuing claims now stands at nearly 39 million. Despite Main Street’s pain, Wall Street’s song remains the same. The […] Omaha Oracle Blindsided; Tyson’s Chicken Gets Fried
May 4, 2020 Great Stuff
May the 4th Be With You Wall Street faced rising U.S.-China trade tensions and plunging oil prices today … again. Seriously? Is it just me, or are the writers for this season of “Wall Street” quickly running out of ideas? But, the real story of the day wasn’t falling oil prices or trade wars — […]