Bill Poulos
Jerome Powell Says, “Hold My Beer,” Stocks Head Lower Again
Stocks fell this morning as the rally fizzled. The market rocketed higher last Friday, sending bullish signals to dip-buying traders. Now, though, stocks have...
June’s Core CPI Reading Might Spark a Major Rally
Stocks traded flat through noon today following a volatile morning session. The Dow led the market, rising 0.40%, while the S&P and Nasdaq Composite...
The Bear Market Rally Isn’t Over, Here’s Why
Stocks traded flat this morning as investors mulled over last week’s big gain. Stocks rallied strongly on Friday as recession odds spiked, driving down...
June’s Consumer Sentiment Report Was “Perfect” for Bulls
Stocks erupted higher this morning as a bear market rally got underway. The Dow, S&P, and Nasdaq Composite all enjoyed substantial gains through noon....
Stocks Could Rally if This Happens to Treasury Yields
Stocks traded higher this morning as the major indexes inched closer to a breakout rally. The Dow, S&P, and Nasdaq Composite all gained modestly...
Philadelphia Fed’s Harker: “We Could Have a Couple of Negative Quarters”
Stocks opened significantly lower this morning before staging yet another epic intraday reversal. The S&P traded higher through noon following comments from several Fed...
CEOs are Completely Fed Up with Jerome Powell
Stocks climbed this morning as bearish fears subsided slightly to cap off a rough week for bulls. Overall, though, the mood on Wall Street...
Bigger Rate Hikes are Bullish, Here’s Why
Stocks rallied this morning as “hike day” got underway. The June FOMC meeting wraps up this afternoon, and following its conclusion, Fed Chairman Jerome...
Get Ready for a “Powell Rally” Tomorrow
Stocks fell through noon after opening slightly higher this morning. Yesterday, all three major indexes plunged in anticipation of a more hawkish than expected...
S&P Meltdown to 3,400 in June? One Analyst Says “Yes”
Stocks, bonds, and crypto plummeted this morning as bearish momentum carried over from Friday’s big drop. Virtually every asset was wounded in response to...