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Great Stuff drops reality bombs on the market. Fasten your seatbelts and put your tray tables in the upright position. Volatility Scares; Nikola Tears Bears; Deplorable Oracles
by Joseph Hargett June 17, 2020 Great Stuff
Reality Bites Today, dear reader, I’m dropping reality bombs. So, fasten your seatbelts and put your tray tables in the upright position. Ready? Good. There will most likely be a second economic lockdown. I know. Everyone from the Treasury secretary to President Trump himself has said it won’t happen. It’s out of their hands now. […]
The problem with markets trading under the greater fool theory is that we eventually run out of fools. This “Greater Fool” Market Will End Badly The problem with markets trading under the greater fool theory is that we eventually run out of fools.
The Reopening Rally Has Gone Too Far [3-minute read] But winning stocks are still out there. Here’s where to find them.
Don’t Buy the Fed Bailout. It’s Old News! (3-minute read) It’s not a conspiracy: There’s a government organization propping up the stock market. The Fed is getting desperate to keep investors afloat. But they’re not going to succeed.
There are three reasons why the market rallied today, and two of them will shock you. Just kidding, it’s the Fed. Wall Street’s Usual Suspects; Royal Drugs and Wireless Bugs
by Joseph Hargett June 16, 2020 Great Stuff
The Usual Suspects The market’s usual suspects are at it again. I’ll let you argue over who’s Mr. Pink, Mr. Brown, et cetera. There are three reasons why the market rallied today: coronavirus news, economic data and the Federal Reserve. The biggest of these, naturally, is the Federal Reserve. Yesterday, Fed Chairman Jerome Powell announced […]

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