Walmart Shareholders Can Thank Panic Buying And Toilet Paper For A Major Surge In Revenues

Walmart Shareholders Can Thank Panic Buying And Toilet Paper For A Major Surge In Revenues

Stockpile… a great name for a heavy metal band. It’s also the reason Walmart Inc. (WMT) absolutely destroyed analysts’ expectations for 2020’s first quarter. The world’s biggest retailer reported, on May 19, that same-stores sales rose 10% year on year....
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Can You Hold Your Nose And Buy This Stock?

Can You Hold Your Nose And Buy This Stock?

The country led by the man who ordered Washington Post columnist Jamal Khashoggi’s assassination… the country led by the man who exterminates dissidents, or imprisons them for years… the country so repressive that it wasn’t until 2017 that women we...
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Dire Warnings Of A False Thaw In The Economic Deep Freeze

Dire Warnings Of A False Thaw In The Economic Deep Freeze

There a reason why Dr. Anthony Fauci has been sidelined as a spokesman for the U.S.’s pandemic response. Dr. Fauci continues to offer sobering news that’s contrary to the notion of a rapidly rebounding post-pandemic economy. He believes that a...
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Today’s Pain Is Excruciating, But You Can Expect the  The COVID-19 Recovery To Be Just As Brutal

Today’s Pain Is Excruciating, But You Can Expect the The COVID-19 Recovery To Be Just As Brutal

The U.S. economy is not mortally wounded, but it will likely need a decade or more to return to good health… and that assumes no new economic disasters. That’s because the coronavirus’ attack is so severe that it is set...
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Buy Or Die

Buy Or Die

Art Cashin, managing director of UBS Financial Services, has stalked the floor of the New York Stock Exchange for more than 50 years. The other day, Josh Brown, CEO of New York City-based Ritholtz Wealth Management, recounted an instructive Cashin...
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Hormel’s Canned SPAM… The Real Stuff… Is Ascendant

Hormel’s Canned SPAM… The Real Stuff… Is Ascendant

(See famous recipe below) Sautéed, fried, grilled, chopped, or added to stir fry, no matter how you slice it COVID-19 has ignited sales of the nation’s unofficial canned meat – SPAM. The “versatile” product is made by Hormel Foods (HRL)....
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$27 Million Reasons to Bet on MGM Resorts International (MGM)

$27 Million Reasons to Bet on MGM Resorts International (MGM)

Las Vegas gamblers haven’t been able to play their cards since Nevada Governor Steve Sisolak closed casino doors for at least 30-days starting on March 18, 2020. Since, casino stocks have taken a beating like a drunk poker player betting...
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Alcohol Sales Are Soaring, And One Doc Says That That During The COVID-19 Pandemic That’s Probably “Okay”

Alcohol Sales Are Soaring, And One Doc Says That That During The COVID-19 Pandemic That’s Probably “Okay”

Nielsen said sales of alcohol increased 55% during the third week of March. Wine sales grew 66%. Beer sales grew 34%. Larger beer packs of 24 or 30 rose 90% for the week as consumer stocked up compared to 12...
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Here are the IRA and 410 (k) implications of the $2 trillion “Coronavirus Aid, Relief, and Economic Security Act” or the “CARES Act”

Here are the IRA and 410 (k) implications of the $2 trillion “Coronavirus Aid, Relief, and Economic Security Act” or the “CARES Act”

Can I take money from my IRA to cope with the economic slowdown? The answer is yes. And what the CARES Act does is it waives the 10% early withdrawal penalty. So you are free and clear to withdraw up...
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