Select Page
Boom

Boom

by | Oct 29, 2020 | Chart of the Day, Commentary

U.S. GDP accelerated at a 33.1% annualized pace in the third quarter, the Commerce Department reported. That was better than the 32% estimate from a Dow Jones economist survey. A surge in business and residential investment along with stronger consumer activity helped...
To Mask or Not to Mask

To Mask or Not to Mask

by | Oct 29, 2020 | Commentary

To mask… Cases aren’t deaths, of course, so in a sense, we’re comparing apples and oranges. On the other hand, given Spain’s aged population (median age: 44.9 compared to our 38.4), it’s safe to assume that their mortality rate is quite a bit higher than...
JD Jumping

JD Jumping

by | Oct 29, 2020 | Chart of the Day, Commentary

Shares of JD.com are perking up this morning.  The stock gaining just over 5% and is very near a new October high.  At mid day JD is the #2 gainer in the Nasdaq 100 Index as it extends its streak of higher monthly lows to seven straight.  JD’s divergent action...
Intel Tanking

Intel Tanking

by | Oct 28, 2020 | Chart of the Day, Commentary

Since Friday’s morning’s post earnings breakdown: https://www.zacks.com/stock/news/1082664/intel-intc-q3-earnings-beat-stock-down-on-weak-sales-mix?cid=CS-MKTWTCH-HL-analyst_blog|earnings_article-1082664&mod=mw_quote_news_seemore, which dropped Intel...

Socialism Sucks

by | Oct 27, 2020 | Commentary

From Reason.com:   Milton Friedman’s documentary series Free To Choose first aired on PBS 40 years ago. It was an unapologetic defense of why capitalism was both morally and pragmatically superior to socialism. Over the course of 10 hour-long episodes, the Nobel...
Harley is Hot

Harley is Hot

by | Oct 27, 2020 | Chart of the Day, Commentary

Harley-Davidson is ripping this morning.  A blow out earnings report before the bell: https://www.marketwatch.com/story/harley-davidson-shares-jump-after-earnings-and-revenue-blow-past-expectations-2020-10-27?mod=mw_quote_news, has sparked a 25% gain, HOG’s...