Starbucks stock climbed Wednesday while the rest of the market ate shit. The Investing Club released their Homestretch update to tell you this approximately six hours after it mattered.
Every weekday they do this. Every weekday someone pretends an afternoon newsletter changes anything. You already bought at open. You already panic-sold at lunch. Now you get to read about why you were wrong with just enough time left to make it worse.
Starbucks went up. The market went down. Truly groundbreaking stuff. The kind of divergence that makes retail traders think they've spotted an opportunity instead of recognizing they're about to become the opportunity.
The Investing Club exists to provide actionable insights during the last hour of trading, which is like getting turn-by-turn directions after you've already driven off the cliff. Sure, technically you're still moving. Technically there's still an hour left. Technically you could do something with this information if you were faster and smarter and not the person who subscribes to afternoon trading newsletters.
Starbucks sells coffee for seven dollars. The stock went up on a day when people were liquidating actual profitable companies. This tells you everything about market logic and nothing you can use.
Here's what happened: one stock zigged while others zagged, financial media wrote it up, and you're reading about it instead of accepting that Wednesday already happened and you weren't invited. The homestretch is not when you make your move. The homestretch is when you find out what the move was.
Somewhere right now a guy with four hundred dollars in Robinhood is reading this headline and thinking he's going to buy Starbucks at 3:47 PM and retire by Friday.
Photo by Athar Khan on Unsplash
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