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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
by Joseph Hargett May 8, 2020 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, […]
Bitcoin went from the toast of the town to a dumpster in a back alley. But, it had previously risen from multiple 75%-plus falls. 1 HUGE Event Will Send Bitcoin to $20,000 Bitcoin went from the toast of the town to a dumpster in a back alley. But, it had previously risen from multiple 75%-plus falls.
Deep Learning Will Add $29 Trillion to the Stock Market We’ve witnessed an incredible amount of change with the growth of the internet. But that’s nothing compared to what we’ll see from a new technology called deep learning.
Everyone Thinks This Lockdown Darling Will Soar — They’re Wrong Description: (4-minute read) Don’t buy this streaming stock because of the lockdown. All of our binge-watching doesn’t translate to growth in the stock. John Ross’ chart shows why the stock is set to fall in the coming weeks — and how you can profit from the move.
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
by Joseph Hargett May 7, 2020 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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