by Gary Gordon | Jul 22, 2020
The comparisons between the 2020 stock bubble and the 2000 stock bubble are striking. For example, you have to go back 20 years to the dot-com disaster to find a time when the Nasdaq 100 (QQQ) traded this far above its 100-day moving average. Executive insiders at...
by Gary Gordon | Jul 20, 2020
Mark Cuban is a billionaire. He’s also an enigmatic investor on the business reality television series, “Shark Tank.” In a candid interview (7/20/20) regarding the comparisons between the 2000 dot-com bubble and the 2020 Nasdaq, Mr. Cuban said,...
by Gary Gordon | Jul 16, 2020
There are times when one ought to look beneath the covers. For example, if you merely scroll the headlines (7/16/20), you’d read that initial jobless claims fell to a post-pandemic low of 1.3 million. Never mind the persistently high claims above one million. Things...
by Gary Gordon | Jul 14, 2020
One of the most startling features of the current stock bubble? An unquenchable thirst for exposure to mega-cap growth has masked extraordinary weakness in the rest of the market. In particular, the S&P 490 (S&P 500 ex mega cap growth) is down roughly 15% on...
by Gary Gordon | Jul 11, 2020
A whopping 23% of the US civilian workforce collects unemployment payments. These folks are not working, nor are they retired. Yet, somehow, the official government stat for the U.S. unemployment rate is a tick higher than 11%. What gives? Due to the pandemic, the...
