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We’re so close to breaking out to the biggest market buying opportunity we’ve seen since 2009. Opportunities Abound; Warner Music IPO, Zoom Will Grow, CrowdStrike Now! June 3, 2020 by Joseph Hargett Great Stuff The End Is Near Wall Street began the day with a friendly voice, a companion unobtrusive … well, at least as unobtrusive as any companion can be right now. The ADP private payroll figures arrived today, and there’s really only one way to describe them: “obviously an awful number, but not as catastrophic as expected.” […]
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. […]
From comfort shopping to retail investing, Americans go stir-crazy during the pandemic lockdown. Lockdown Pastimes; Novavax Big Time; Travel Stocks Climb May 26, 2020 by Joseph Hargett Great Stuff Stir-Crazy Investors We’re all itching to get out and participate in the U.S. economy’s “Great Reopening.” If reports from the Memorial Day holiday weekend are any indication, some of us are a lot more eager than others … I’m looking at you Lake of the Ozarks partygoers. As the country reopens, now is an excellent […]
This Chart Proves the Rebound Isn’t Sustainable (but There’s a Silver Lining) May 26, 2020 by Ted Bauman Big Picture. Big Profits., Investing, Stocks [5-minute read] The stock market isn’t what it used to be … which means it’s time to change your strategy.
There was a crack in Wall Street’s armor today, but it wasn’t jobless claims that made investors blink … it was China. Senate Wise Guys Draw China Eyes May 21, 2020 by Joseph Hargett Great Stuff The New Red Scare Here we are… Another Thursday, another weekly initial jobless claims report … and another stock market rally? Some 2.4 million Americans filed for first-time unemployment claims last week. The nine-week total of continuing claims now stands at nearly 39 million. Despite Main Street’s pain, Wall Street’s song remains the same. The […]

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