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Tesla — where the price is made up, and the rules don’t apply. Today, we break down what value hunting even means in the Soma-shocked market. Whistling Tesla; Kodak Moments; Walmart Plus Ultra September 1, 2020 by Joseph Hargett Great Stuff A Slight Case of Overvaluation Do you think [Tesla] is slightly over valued? — Lee S., Great Stuff reader. First, thank you Lee for your question and your readership. Your email gives me an excuse to sidestep the market today. And I’m kinda tired of talking about the Fed and the economy … and all […]
Tired of hearing that “stocks are not the economy?” The truth hurts … not as much as jumping on a bicycle without a seat, but it hurts. Disconnected Dow; Forgotten Facebook; Starbucks Unstuck August 25, 2020 by Joseph Hargett Great Stuff Disgusted, Disconnected and Discombobulated I have a bone to pick today, dear reader. Oh boy … mayhem! Now, we’re all tired of the disconnect between Wall Street and Main Street. With the U.S. unemployment rate above 10% due to the pandemic, some of us more so than others. There are valid reasons for this. First […]
The Dow has been oh so quiet lately, while the Nasdaq and S&P 500 hit all-time highs. But it won’t stay that way for long. Quiet Dow; Target Now; A Momenta(s) Occasion August 19, 2020 by Joseph Hargett Great Stuff It’s Oh So Quiet It’s oh so quiet. Shh … shh. The Dow’s oh so still. Shh … shh. It’s been seven days. Shh … shh. It’s oh so peaceful until … volatility explodes. Zing! Boom! Björk? Really, Mr. Great Stuff? What can I say? The brain wants what the brain wants. I heard this […]
All-time highs? The market — erm — finds a way. Home improvement and DIY stocks lead the way to pre-pandemic highs for the S&P 500. Home-Powered Profit; Oracle Ticks a Tock; Walmart’s Boomstick August 18, 2020 by Joseph Hargett Great Stuff A Correction Says What? Wall Street’s World! Wall Street’s World! It’s party time. Excellent! All right … OK … all right. Party on, bulls! Party on, Great Stuff! Why all the excitement? The S&P 500 Index hit a fresh all-time high today! With stocks trading at pre-virus highs, the pandemic is clearly a great big […]
Falling jobless claims just aren’t exciting enough for Wall Street. This is 2020, after all — investors need more exciting fare. Surprising Claims; Apple’s Bushel; Vroom Vroom Vr—Oof August 13, 2020 by Joseph Hargett Great Stuff Sigh-Worthy Jobless Claims Welcome to Great Stuff’s Reader Feedback day! I have to say, your continued outpouring of emails brings a tear to my eye. In the immortal (and misquoted) words of Sally Field, “You like me! You really like me!” OK, so not all of you… But, just like Howard Stern on an eight-ball […]

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