Stock Market Bears Sweat Because This V-Shaped Recovery is No Myth

The U.S. stock market is nearing its record high as retail investors show no signs of pulling back. Stocks bull Edward Yardeni says a V-Shape recovery is in the works. Investors are showing more confidence in stocks as the economy reopens. The U.S. stock market is nearing its all-time high as investors dismiss stark warnings from billionaires.  “Too many people” expect a V-shape recovery, billionaire Sam Zell said last month. He was one of many billionaires who suggested the U.S. economy is permanently damaged from the pandemic. But, stock market…

Glee’s Lea Michele Doesn’t Discriminate, She’s Just All-Round Awful

Lea Michele is taking a hit these past few weeks as tales of her rotten attitude on-set spark outrage. For Lea’s co-stars, this is nothing new and a decades-old problem they learned to live with on Glee. However, is Lea really racist like some people think, or is she just a god-awful person? When Lea Michele sent a tweet out into the universe supporting Black Lives Matter, she couldn’t have anticipated what would come next. Samantha Ware, a star on season 6 of Glee, came forward to call her out…

7 Companies You Should Renounce If You Support Black Lives Matter

Many companies have publicly endorsed Black Lives Matter after George Floyd’s death. Not all of these firms have helped the cause. Some have made it worse, including these seven companies. Organizations are making a lot of noise in support of the Black Lives Matter movement. It suddenly seems as though every major firm in America has their fist in the air for George Floyd. But in many cases, it’s not a fist at all. It’s an open palm, waiting for us to drop cash into their suddenly ‘woke’ brand. AOC…

The Stock Market Is Trading in a Parallel Universe – That’s OK…Until It’s Not

The stock market rally is, by all measures, completely absurd. Traders have become drunk on stimulus and it’s causing irrational investing. If the free money faucet turns off, the stock market is in for a rude awakening. Is there anyone out there who believes the stock market’s impressive rally is somehow rooted in reality? Civil unrest across the U.S. has further complicated economic reopening plans, unemployment data show many of the job losses are likely permanent, and many of those who managed to hold on to their jobs are seeing…

Did the U.S. Just Avert a Housing Market Crisis?

The U.S. housing market may look up as employment numbers indicate a recovery. Job postings have started ticking up. Home demand remains strong. The housing market should have been in tatters given the massive spike in unemployment in recent months, but that hasn’t been the case so far. In April, the market held its ground, and prices rose at a stronger pace than March as per CoreLogic. And with the latest employment numbers turning out to be way better than expected, there’s a chance that real estate may have avoided…

3 Reasons Why Airline Stocks Are Still a Sell Despite Recovery

The major U.S. airlines have seen their stocks rise by double digits in under three weeks. Millennial investors on Robinhood now love American Airlines nearly as much as Tesla. The operating environment for carriers has improved slightly but not enough to justify an investment. A modest improvement in passenger traffic has seen the major airline stocks stage a recovery from their May lows. Since May 15, the stocks of the four largest U.S. airlines have all gone up by at least 25%. American Airlines (NASDAQ: AAL) has appreciated by around…

The Fed Rescued Stocks from a Bear Market – But Bulls Won’t Like What Comes Next

Investors have learned by experience that it’s dangerous to “fight the Fed.” Since March’s promise of unlimited spending, the stock market has reversed its free fall with a strong rally. A shift in Federal Reserve buying trends suggests that the stock market has little upside left – and a potential drop ahead. “Don’t fight the Fed” has been a powerful stock market trading mantra on Wall Street for a long time. From the financial crisis bailout era to Alan Greenspan’s invention of the “Fed put” after the 1987 market crash,…

Trump Is Giving Warren Buffett Investing Advice – But He Shouldn’t

Donald Trump said that Warren Buffett’s decision to sell U.S. airline stocks was a mistake. U.S. airline stocks rose sharply Friday after a shockingly positive jobs report fueled investors’ optimism. But the airline industry could take many years to recover as there will be fewer passengers flying. During a White House address on the economy, President Donald Trump criticized Warren Buffett, one of the world’s greatest investors, for selling airline stocks. Trump Thinks Buffett Made A Mistake Trump criticized Buffett on the heels of a record jobs report. The Bureau…

The Stock Market’s Biggest Gains Always Happen at the Same Time Each Day

For more than 20 years, the stock market has made its most significant gains at the same time: overnight. After-hours trading for the S&P 500 has generated almost 600% while intraday gains are flat since 1993. The phenomenon has been even more pronounced since the great March 2020 selloff. Timing is everything in the stock market. Buying at the wrong moment is the difference between making money and getting burned. So, what if you knew exactly when all the biggest gains happened almost every single day? Well, we can’t be…

NFL QB Drew Brees Knew What He Was Saying – Don’t Let Him Off the Hook

Drew Brees says he cannot support anyone who didn’t “respect the flag.” His comment triggered a firestorm of controversy. Brees’ apology is just as tone-deaf as the original statement. New Orleans Saints quarterback Drew Brees is under fire. During an interview with Yahoo Finance, in which he was asked about players who kneel during the National Anthem in protest of police brutality and systemic racism, Brees made clear that he will “never respect anyone who disrespects the flag.” And while he subsequently apologized for his statements—and backtracked with the sickest…