Bill Poulos
Biden’s New Bill Boosts Market
Stocks traded higher this morning after President Biden announced that he struck a deal with Senate Democrats who had initially opposed his new bill....
Is Hyperinflation Coming? Twitter CEO Says “Yes”
Stocks traded slightly higher this morning as earnings season continued. Up next are tech earnings, which many analysts expect could reveal blowout quarters following...
DWAC May Bring Back “SPAC-Mania”
Stocks opened flat this morning as social media companies dragged the Nasdaq Composite lower. Intel (NASDAQ: INTC) didn’t help matters much either after reporting...
Stocks Should Keep Rising on Strong Earnings
Stocks opened lower today, taking a break from their recent (and rapid) ascent. The Dow, S&P, and Nasdaq Composite all fell slightly.
And though that...
Are Strong Q3 Earnings Forming a “Bull Trap?”
Bulls received several “green lights” to double down on their bets this morning after better-than-expected earnings reports continued to roll in. Johnson & Johnson...
Why Bank Earnings Are Driving the Current Rally
Stocks traded higher again today as bank earnings continued to impress. This time, it was Goldman Sachs that reported a blowout quarter thanks to...
Inflation Is No Longer Transitory, Here’s Why
The September Consumer Price Index (CPI) arrived this morning and, contrary to the Fed’s recent comments, inflation looked anything but “transitory.” After slowing for...
How the “Southwest Sick-Out” Could Crash the Market
Stocks are flat and Southwest Airlines (NYSE: LUV) just grounded hundreds of flights after already canceling roughly 2,000 over the weekend.
We’ve long talked about...
Is the “October Dip” Already Over?
The debt ceiling has been lifted and so too have stocks. All three major indexes gapped higher at the open this morning before climbing...
Why the Bull Market Could End in November
Facebook’s back online and stocks are rising once more.
In short, everything’s back to normal.
Even Facebook whistleblower Frances Haugen’s testimony to Congress (delivered this morning)...