Bill Poulos
Big Tech Earnings Could “Doom” Stock Market
The second-quarter GDP numbers are in and they’re better than expected.
That does not mean, however, that investors are feeling good about them.
According to the...
Another Bitcoin Rally Is Coming
Stocks are slightly down this morning as Congress squabbles over coronavirus relief packages. A slew of poor quarterly earnings are keeping the bulls at...
FAANG Is Crumbling, Signaling Dark Days Ahead
The quarterly results are in from two of the market’s top stocks – Microsoft (NASDAQ: MSFT) and Tesla (NASDAQ: TSLA) – revealing big-time earnings...
Gold Could Keep Rising, Even with a Vaccine
The Dow’s down. The S&P’s flat.
And the Nasdaq Composite is soaring.
It’s a new week, and as of this morning, the market’s already off to...
New Study Finds Moderna’s Vaccine Is Only a “Short-Term” Covid-19 Solution
Stocks are falling this morning, driven lower by worse-than-expected weekly jobless claims and a post-“vaccine blitz” hangover.
On Tuesday afternoon, biotech firm Moderna (NASDAQ: MRNA)...
Why JPMorgan Chase’s Earnings “Beat” Was Actually a “Miss”
Another day, another uneven trading session.
That’s been the trend over the last few weeks.
And with investors unsure of where the market is truly headed,...
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...