Bill Poulos
Here Comes the “Powell Rally”
Stocks jumped higher today in a nervous morning session. The Dow, S&P, and Nasdaq Composite all gained significantly, reversing yesterday’s losses completely in the...
Get Ready for Tomorrow’s “Powell Rally”
Stocks got “monkeyhammered” lower this morning after mega-retailer Walmart (NYSE: WMT) issued a profit warning last night. The company said that higher-priced discretionary items...
Snap Inc Gave Traders a Big Earnings “Play”
Tech sunk this morning, dragging down the general market after Snap Inc (NYSE: SNAP) reported earnings last night. The Nasdaq Composite and S&P tumbled...
Netflix Just Showed Why Tesla Will “Beat” on Earnings and Deliveries
Stocks rallied this morning, led by a strong performance from the tech sector after Netflix (NASDAQ: NFLX) reported earnings.
The streaming giant got the day...
Jamie Dimon Warns of “Negative Consequences” in Grim Earnings Guidance
Stocks fell this morning after bank stocks kicked off earnings season with a whimper. The Dow, S&P, and Nasdaq composite all traded significantly lower...
June Inflation Data Makes “Recession an Inevitability”
The June Consumer Price Index (CPI) arrived this morning and investors learned that inflation is still running very hot. Last month’s headline CPI reading...
Surging Dollar, Input Costs Could “Ruin” Earnings Season
Stocks treaded water this morning in anticipation of tomorrow’s June Consumer Price Index (CPI) release. The Dow gained slightly opposite the Nasdaq Composite, which...
CPI Chart Confirms: Inflation Has Gone “Parabolic”
Stocks fell this morning as the market’s recent bout of volatile price action continued. The Dow ticked moderately lower while the S&P and Nasdaq...
Don’t Expect a “Fed Minutes Rally” Today
Stocks slid alongside oil prices this morning as recession fears continued to mount. The Dow, S&P, and Nasdaq Composite all fell moderately through noon.
Today’s...
The European Central Bank Is About to Hike Into a Slowdown
Stocks plunged this morning as recession fears transformed from a bullish impulse to a bearish one. Two weeks ago, the market climbed alongside recession...