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Welcome to Wall Street, where the corporate earnings reactions are made up … and the coronavirus doesn’t matter. Virus Shakeouts and Earnings Breakouts; Boeing Defies Gravity January 29, 2020 by Joseph Hargett 2020 Financial Crisis, Great Stuff See No Virus, Hear No Virus, Speak No Virus Welcome to 2020, where the earnings reactions are made up … and the coronavirus doesn’t matter. That’s right, folks. The Wuhan coronavirus just passed 6,000 confirmed cases in mainland China — making it bigger and faster than SARS — and no one on Wall Street cares. […]
Forget the Senate impeachment trial — Wall Street watches as China goes viral. China Goes Viral; Tesla Hits the Accelerator; Roku Waxes Brazil January 21, 2020 by Joseph Hargett Great Stuff Down With the Sickness I hope you have some snacks and a comfy chair ready … the Senate impeachment trials begin today! We all know that this trial will be a great big nothing-burger, and Wall Street is treating it thusly. I mean, 20 Republicans would have to vote against their party for anything to […]
OPEC Is Now Obsolete: Oil Crisis Update January 13, 2020 by Matt Badiali American Investor Today, Commodities, Oil You might be surprised to learn how much oil the U.S. imports — and where most of the oil comes from. (Hint: It’s not OPEC.) Matt Badiali reveals the sector you need to be in to profit when oil prices rise this year. (2-minute read)
December’s jobs data was uninspiring. Luckily, Boeing had some spare clowns and monkeys to liven up Wall Street ahead of the weekend. Soft Serve Jobs Data; Boeing Sends in the Clowns January 10, 2020 by Joseph Hargett Great Stuff Friday Four Play: The “Send in the Clowns” Edition (Did a friend forward you this email? If so, you owe them big-time! Seriously, this is Great Stuff. We don’t take that title lightly. After you’ve thanked your friend profusely, why not sign up for yourself today? It’s mostly painless. I promise.) Well, that was unsatisfying. […]
“Less than feared.” It reminds me of “less than expected,” as if the Iranian missile strikes on U.S. military bases in Iraq are in some way similar to corporate earnings reports. Meatless Macs Meet Missile Attacks January 8, 2020 by Joseph Hargett Great Stuff Iran…Less Than Feared The funny thing about stock market sentiment? It applies to literally everything. For example, today I find myself discussing the bullish and bearish implications of last night’s Iranian missile attack. According to the financial media, Iran’s retaliation for the U.S. killing Qassem Soleimani, a top Iranian military official, was deemed “less than […]

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