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Welcome to Wall Street, where the corporate earnings reactions are made up … and the coronavirus doesn’t matter. Virus Shakeouts and Earnings Breakouts; Boeing Defies Gravity January 29, 2020 by Joseph Hargett 2020 Financial Crisis, Great Stuff See No Virus, Hear No Virus, Speak No Virus Welcome to 2020, where the earnings reactions are made up … and the coronavirus doesn’t matter. That’s right, folks. The Wuhan coronavirus just passed 6,000 confirmed cases in mainland China — making it bigger and faster than SARS — and no one on Wall Street cares. […]
Of the people, by the people, for the people … well, half of us, at least. Maybe smartphone voting will change that? Voting Gets Lazy; Cash-Craving Comcast; Broadcom Bites the Apple January 24, 2020 by Joseph Hargett Great Stuff Friday Four Play: The “Getting Lazy” Edition Lazy. The entire country is lazy. We have amazing freedoms in this country … freedoms that are the envy of the world: freedom of speech, freedom of the press, freedom of religion, the right to bear arms, et cetera. But the most important of all? The freedom (and […]
When it comes to the U.S.-China trade war: Fool me once, shame on you. Fool me twice … it’s peanuts. Biotech Buyouts and Peloton Fallouts December 3, 2019 by Joseph Hargett Great Stuff Don’t Get Fooled Again OK, dear readers. Today’s secret word is “tariffs.” When you hear the secret word, scream really loud! As if you all weren’t screaming really loud already. The Dow is down more than 400 points, and all the major market indexes have shed roughly 1% or more. And why are we mired […]
Today is Black Friday! The biggest celebration of capitalism on the planet! (Singles Day, you stay out of this.) The Odds Are in Your Favor Today! November 29, 2019 by Joseph Hargett Great Stuff The Safety Dance We can shop where we want to, a deal that they will never find. And we can act like we come from out of this world, leave the real one far behind. And we can shop. OK, so those may or may not be the real lyrics … but it doesn’t matter, […]
Uber’s Anarchy in the U.K.; Tesla Sells 200K Trapezoids Uber’s Anarchy in the U.K.; Tesla Sells 200K Trapezoids November 25, 2019 by Joseph Hargett Great Stuff Monday Merger Mania Thanksgiving dinner is served! Corporations are gobbling up oversold competitors like your grandmother’s homemade biscuits. And they aren’t going easy on the gravy, either. Headlining this merger Monday is The Charles Schwab Corp. (NYSE: SCHW), which has officially agreed to buy TD Ameritrade Holding Corp. (Nasdaq: AMTD) for $26 billion in an […]

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