Bill Poulos
Stocks Rip Again on Powell Speech
Stocks jumped again today following a massively bullish month as market participants processed Fed Chair Jerome Powell's latest remarks on rates.
The S&P 500 saw...
Dow Soars, Tech Slips on Cool PCE Print
Stocks presented a mixed picture this morning, with the Dow Jones Industrial Average rising roughly 275 points (+0.8%). By contrast, the S&P 500 edged...
Bill Ackman: The Fed Needs to Cut Rates
Stocks barely budged today despite a strong open on a hint from the Fed that the current hiking cycle might be over. The Dow...
Core PCE Reading Could Set Tone for December
Stocks traded flat again today, on track to close out their best month in over a year. Sustained optimism was apparent in the Dow...
OPEC+ Indecision “Freezes” Oil Prices
Stocks treaded water this morning amid relatively low trading volumes following the Thanksgiving break. The Dow Jones Industrial Average edged up by about 0.1%,...
Bears Love Nvidia’s Bad Earnings Guidance
Stocks rose modestly this morning as traders absorbed Nvidia's latest earnings report ahead of the Thanksgiving break. The Nasdaq Composite led the charge, climbing...
Stocks Freeze Ahead of FOMC Minutes
Stocks took a breather today with the S&P, Dow, and Nasdaq Composite all retreating from their recent highs following an impressive start to November....
Oil, Stocks Rise Ahead of Fed Minutes Tomorrow
Stocks picked up steam again today, riding the wave from their third consecutive week of gains. This uptick was fueled by the growing belief...
Gap Earnings Send “Recession Warning”
Stocks experienced a slight downward tick this morning as the major indexes were on the cusp of securing a weekly win. This movement comes...
Stocks Rally on Soft PPI, Retail Sales
Stocks gained again today with investors increasingly convinced that the recent slowdown in inflation could lead to a pause in interest rate hikes.
The Dow...