Bill Poulos
Gilead’s Remdesivir Is “Fake News” Bait for Bulls
Stocks are rising this morning as the choppiness continues into the week’s last trading session. The major indexes were down pre-market before flipping positive...
Hong Kong Dollar Retaliation Threatens to End Extended Rally
Stocks are climbing and the “sideways chop” continues. After tumbling in early June, the market has been unable to pick a direction, trading neither...
Beware the SPY’s “Cup and Handle” Formation
Covid-19’s surging and the bulls are back again.
Is the market finally “over” the coronavirus?
That certainly seems to be the case as of this morning....
Why the June Jobs Gain Won’t Stick
The June jobs report is officially here, and it’s one for the ages. 4.8 million payrolls were added last month according to the Bureau...
Jerome Powell Still Controls the Stock Market
Following a strong Monday session, stocks are rising once more. The Dow’s up 100 points (+0.40%) as of noon while the S&P (+0.80%) and...
This Is America’s “Secret Weapon” Against Covid-19
Covid-19’s back, and stocks are tumbling.
Bulls continued their retreat this morning as new coronavirus infections spiked again. Florida reported a 9,000 case increase while...
The U.S.-E.U. Trade Dispute Is the Market’s New “Major Risk”
There’s no doubt about it:
The extended rally is looking very “long in the tooth.”
Or, in other words, it’s simply "getting old." The S&P 500...
Commitments of Traders Data Suggests Imminent Market Correction
Stocks are flat again this morning while investors consider relatively sky-high share prices. It’s only been roughly 3 months since the March 23rd lows,...
Market at Another “Tipping Point” as Covid-19 Cases Rise in 23...
Stocks are “see-sawing” again today as investors digest unemployment data and a new batch of Covid-19 hospitalizations.
Coming off Tuesday’s surge, the market fell slightly...
Why the Federal Reserve “Runs” the Stock Market
It was all good news this morning for the market as investors learned another $1 trillion in stimulus could be on its way. A...