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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 May 28, 2020 by Joseph Hargett 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 […]
This certainly doesn’t look like a “12% away from all-time highs” market or economy to me. Does it to you? Dow 25,000? Get Real; Robinhood’s Most Wanted … Is Carnival? May 27, 2020 by Joseph Hargett 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. […]
The Worst May Be Over, but We Haven’t Felt This Recession Yet May 27, 2020 by John Ross 2020 Financial Crisis, American Investor Today, U.S. Economy (4-minute read) Investors and consumers are feeling good. But that optimism is misplaced, as John Ross will explain today.
Positive vaccine data prompts stock market spike. Is this the beginning of the end for the coronavirus nightmare? Vaccine Dreams: Moderna, Sorrento and Novavax May 18, 2020 by Joseph Hargett Great Stuff Damn the Torpedoes! The U.S. economy’s got something. We both know it, but we don’t talk too much about it. Ain’t no real big secret all the same. Somehow, we get around it. Listen, it don’t really matter to Wall Street. Investors believe what they want to believe. And what Wall Street believes right now […]
3 Crypto Products to Avoid Like the Plague (Do This Instead) May 15, 2020 by Ian King Currency, Investment Opportunities, Winning Investor Daily Three exchange-traded notes provide exposure to the crypto markets, but you shouldn’t buy them.

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