Bill Poulos
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)...
Why You Should Buy the Dip
Stocks fell this morning after opening moderately higher. The Dow, S&P, and Nasdaq Composite all tumbled shortly before noon as nearly every sector got...
Yields Are Spiking Because Bond Traders Don’t Believe Powell
Yields are up and stocks are down. The market sunk this morning as Treasury yields spiked again after yesterday’s dismal 2-year Treasury auction. The...
Is the Fed Really Happy With US Labor?
Stocks rallied this morning, bursting higher from their recent lows. Fed Chairman Jerome Powell’s post-FOMC meeting remarks initially flattened the market’s returns yesterday afternoon.
Now,...
How China Will Bail Out Evergrande and Avoid a “Lehman Moment”
Stocks opened higher this morning before tumbling around noon. Concerns over the global financial structure lingered after Evergrande, China’s second-largest real estate developer and...