Pandemic Overachiever (1 Retail Stock)
In answer to how readers are spending/investing their “stimmy” checks, our first contributor today says: “Cryptos. ALT Coin season is here and I’m putting/trading/fishing (not sure if it’s a ph) as much as I can this year. And only WATCHING my ten or so stocks.”
Another reader recommends a different kind of investment: “If you don’t need the money and you don’t know what to do with it, yes, you can invest it for your own benefit, but you could also ‘invest’ it for the good of others.
“Your church, a local food bank or the Salvation Army would love to have some extra funds to do some good for the benefit of others who have so much less.”
Now there’s a thought…
Last, a reader says: “I bought a gold coin (specifically a 1 oz. CDN Maple Leaf) for my Cayman Islands precious metals account.”
Thanks to our contributors today; we’ll share more ideas Friday… Keep ‘em coming!
Send your opinions to, TheRundownFeedback@StPaulResearch.com.
Your Rundown for Wednesday, Apr. 7, 2021…
Here at The Rundown, one of our favorite stocks is Dollar General. We’ve sung the company’s praises multiple times in the past.
Why do we like DG? Among discount retailers, Dollar General continues to deliver the goods, serving an underserved segment of the market, managing not only to survive but thrive as a brick-and-mortar retailer.
So, how has the company fared during the COVID-19 crisis? CEO Todd Vasos said last year: “We are the most relevant we have been in many, many years.” And this year, the company plans to open 1,000 new stores.
Today we read at Forbes: “Dollar General Corp’s stock (NYSE: DG)… experienced almost a 3% gain over the last week (five trading days) to levels of around $202 currently.
“But will the company’s stock see higher levels over the coming weeks, or is a decline in the stock imminent?”
According to Trefis Machine Learning Engine: “IF DG stock moved by -5% over five trading days, THEN over the next twenty-one trading days, DG stock moves an average of 4.3%, which implies an excess return of 2.7% compared to the S&P 500.” That’s a 64% probability…
DG closed down 1% yesterday, by the way.
[An odd request from publisher Addison Wiggin: He’s looking for any Daily Reckoning emails that went out before July 27, 1999. Apparently the DR website’s archives are incomplete, so we need help filling the gaps.
Why the sudden interest in digital archeology? He’s not telling. But if you’ve happened to hold on to any of our 22-year-old emails, please pass them along to us at TheRundownFeedback@StPaulResearch.com.]
Market Rundown for Wednesday, Apr. 7, 2021
S&P 500 futures are static at 4,060.
Oil is up 48 cents to $59.81 for a barrel of West Texas crude.
Gold is down $10.20 to $1,732.80 per ounce.
Bitcoin is down about 3% to $56,222.28.
Send your comments and questions to, TheRundownFeedback@SevenFigurePublishing.com.
Hope your day’s off to a great start. We’ll be back Friday…
For the Rundown,