The Crunch.

 

Today's Tids the Season Issue 4,803

Christmas Agita:

 

Judging by traffic yesterday, I’m not the only one rushing around to buy Christmas presents

 

Trump just shouted out, “I’m still here.

 

A trusted reader reminded me yesterday that my list of lines from Christmas movies et.al., missed the big one: "Every time a bell rings, an Angel gets its wings"

 

Laughter is the best medicine. But maybe it’s wine. Yeah, it’s wine.

 

The Question:

What are the five most overvalued stocks?

 

The Headlines:

--Stocks Move Up Despite Trump Threat; Jobless Claims Improve; Tesla Drops Again.

--President Veto’s Defense Bill; Congress Expected To Override.

--Trump Pardons 215 More. Dems Irate At Most.(Duh)

--Voting Machine Company Exec Sues Trump Henchmen For Defamation.

 

The Covid Christmas: We drove up to the border of New Hampshire and Maine yesterday to exchange gifts with our our daughter’s family from Maine. We stopped in a big NH state parking area, where… a dozen other families were doing the same thing as us. Christmas doesn’t go away in Covidville. We just find a way to make it work.

 

“What if Christmas,” he thought, “doesn’t come from a store. What of Christmas, perhaps. means a little bit more.” –Dr. Suess.

 

Maybe if Santa started putting coal in stockings again, we could get more jobs for West Virginia.

 

I don’t think lot of Americans realize that Donald J. Trump will be president until March 20. He still has all of the powers of an American President, and he will use them.

 

We know that mirrors don’t lie. Be grateful, they don’t laugh!

 

After a good IPO market in 2020 -- Airbnb. Doordash, Snowflake, Royal Pharma -- Wall Street will be looking hopefully at 2021 IPO possibilities like Roblox, Affirm, Petco, Southeastern Grocers and Atotech. Investors are looking down on the farm system and finding  Paysafe, Opendoor, Stripe (Payments platform), Robinhood Markets (Grocery Delivery), Bumble (Dating App), Compass (Real estate) Coursara (Online Ed Platform) and two in the fashion biz – ThredUp and Poshmark.

 

I liked Doctor Birx, but she didn’t make it big like Dr. Fauci. Maybe that’s why I still like her.

 

The Answer:

There are twelve overvalued stocks as rated by Barrens. I find that Barrens calls shots pretty well. They are SunPower, Editas Medicine, Redfin, Tesla, Stitch Fix, Ultragenyx Pharmaceutical, US Sy teel, Denali Therapeutics and Intellia Therapeutics.

 

Remember when US Steel was King, the USA bellwether.

 

Things change, but not the love that comes along each Christmas season.