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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 May 8, 2020 by Joseph Hargett 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, […]
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 May 7, 2020 by Joseph Hargett 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 […]
How to Play the Earnings Collapse May 6, 2020 by Clint Lee 2020 Financial Crisis, Big Picture. Big Profits., Stocks [3-minute read] All sectors are not created equal in times of crisis … here are the industries that offer opportunity amid the earnings pain.
Market Plunge Market Plunge Ahead: Sell These 2 Stocks Today May 6, 2020 by John Ross 2020 Financial Crisis, American Investor Today, Stocks (3-minute read) It looks like the market’s next plunge has already begun. John Ross has two charts to show you the market giants you must dump today — or ride their downfall to triple-digit profits.
Trump requested $237 million for quantum computing. Now that’s a horse (and a tech mega trend) of a different color. Quantum Investing; Beyond Retail; Wayfail; Shwedy Security April 27, 2020 by Joseph Hargett Great Stuff A Quantum Leap Today, dear readers, we take off our quarantine masks and put on our thinking caps. Well … figuratively speaking, at least. Keep those masks on for now, please. Why our thinking caps? Because President Trump’s 2021 budget requests $237 million in funding for quantum computing. Roughly $25 million of that budget request […]

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