I sit surrounded by 17 screens that help me visualize incoming data related to the stock market. These days, front and center, are screens on coronavirus-related stocks. Often stocks start moving faster than I can find out about the news. My Gilead Sciences GILD alarm rang, and a quick glance
Stock market investors have reached nirvana. Governments have socialized losses but kept gains private. American society is being set up for endless profits in the stock market. That suits the rich and the 401(k) middle class. There is an implicit “put” (a protection from losses) in the stock market: That
The stock market is detached from Main Street — that is what I hear from investors most often these days. Many are puzzled, while others are convinced that this is a sucker’s rally. There is merit to both bull and bear cases. The bear case is well-understood, the bull case
Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights from the prior week gives them an edge over the coming weeks. Here is the day by day rundown from the morning capsules made available every morning before the market
Unemployment continues to rise in the U.S. amid a government-mandated shutdown of the economy. Initial jobless claims for the week came in at 4.4 million Thursday, pushing the total above 26 million and producing an estimated 15% unemployment rate. The question I’m being asked most is: “Who is buying this stock
Investors may not have noticed Boston coronavirus data that goes against the prevailing wisdom. In Boston’s Pine Street Inn, a homeless shelter, 397 people were tested for coronavirus and 146 tested positive but showed no symptoms. The Centers for Disease Control is reviewing the data. There are positive and negative implications for
The rally in the U.S. stock market, which in large part had been due to a short-squeeze, recently exhausted itself. Without positive news, the stock market would have sunk. But stock market bears ran out of luck when a report surfaced Thursday after the close of trading that an antiviral
In the wake of coronavirus-related volatility in the stock market, investors are asking: “Is the economic data showing that there will be a depression?” The No. 1 mistake investors make as they try to figure out the answer is that they are mostly focused on one dimension of a two-dimensional
The stock market, before Wednesday, rallied strongly as the coronavirus curve flattened. Imagine, now, the magnitude of the rally if the coronavirus were vanquished. President Trump has said that, due to pent-up demand, the economy will eventually “pop back like nobody’s ever seen before.” Regardless of your political views, it’s
What are the effects of the coronavirus on life in the U.S.? Lost lives, lost jobs, trauma, shutdowns and trillions in borrowing and money printing. What does Wall Street say? The coronavirus doesn’t matter to the stock market. Wall Street wants you to believe it’s safe to buy. What happened