Print the page
Increase font size

Posted December 17, 2020

Scott Stewart

By Scott Stewart

Stimulus Frenzy

Welcome to Rude Awakening for Thursday, December 17, 2020.

This morning, markets opened strong, and the major indices are all still showing strength as the trading day is getting started.

Lots of activity in todays marketplace, with lots of anticipation and expectation over the stimulus deal powering us into the weekend.

Its looking like there will be an agreement anytime now.

Strong Markets Power 4 Stocks

With markets moving higher, there are four different stocks I want to show you today, all reporting earnings this evening after the closing bell, or before the opening bell tomorrow morning.

Each of these should be added to your watchlist:

  1. Darden Restaurants, Inc. (DRI)
  2. Winnebago Industries, Inc. (WGO)
  3. BlackBerry Limited (BB)
  4. FedEx Corporation (FDX)

Have a great trading day, folks.

Well talk to you tomorrow.

Regards,

Scott Stewart

Scott Stewart

Editor, Rude Awakening

The Straits Strangle

The Straits Strangle

Posted September 23, 2026

By Sean Ring

Two superpowers guard the gate. The Houthis hold the key.
The Price Behind the Price

The Price Behind the Price

Posted September 22, 2026

By Jim Rickards

Oil at $105 is bad enough. The trouble is that $105 is the price everyone can see. If you actually need physical crude delivered to a refinery, the market is telling a nastier story. Cargo premiums are rising, diesel has traded at the equivalent of roughly $180 a barrel, and crack spreads have blown out to extraordinary levels. The Iran war’s economic damage was delayed by reserves, rerouting and extra production. It wasn’t avoided. Now the price behind the price is starting to hit home.
Baptists, Bootleggers, and Bots

Baptists, Bootleggers, and Bots

Posted September 21, 2026

By Sean Ring

Bruce Yandle’s Baptists wanted to save your soul. His bootleggers wanted to save their margins. Forty years later, Silicon Valley has rebuilt the arrangement for artificial intelligence: the safety crowd supplies the sermon, Big Tech collects the profits, and DC builds the moat.
A Squeeze, Refined

A Squeeze, Refined

Posted September 18, 2026

By Matt Badiali

America can pump record amounts of oil and still get crushed by gasoline prices. That sounds contradictory until you remember one inconvenient fact: you can’t pour crude oil into a Ford’s gas tank. The real shortage is increasingly happening one step downstream.
The Real Fed Chairman

The Real Fed Chairman

Posted September 17, 2026

By Sean Ring

I got the Fed call wrong because I was watching the wrong Fed. The Federal Open Market Committee doesn’t meet in Washington 8 times a year. It trades every day. By the time Kevin Warsh raised rates Wednesday, the bond market had already made the decision for him.
The Untied Kingdom

The Untied Kingdom

Posted September 16, 2026

By Sean Ring

Breaking up is easy when it’s only about flags, parliaments, and national pride. It gets harder when somebody asks who owns the debt, who funds the deficits, and what currency everyone plans to use on Monday morning.