Bill Poulos
Mike Wilson Calls for 10% Correction
The major indexes held their ground near record highs on Tuesday as investors anxiously awaited Federal Reserve Chairman Jerome Powell's semiannual testimony to Congress....
Market Teeters on Edge of Rally as Powell’s Testimony Looms
Stocks inched higher Monday morning as traders braced for a week that could determine the near-term trajectory of interest rates. The S&P 500 and...
Stocks Stumble as Tech Rally Loses Steam, Economic Data Sends Mixed...
The market's AI-fueled euphoria hit a speed bump on Thursday, as chipmaker Micron's lukewarm outlook put a damper on tech stocks. Meanwhile, investors grappled...
The Gold, Silver Rallies Could “Have Legs”
Stocks climbed higher today, with the Nasdaq Composite reaching new intraday highs and the Dow Jones Industrial Average striving to surpass the 40,000 level...
The Gold Rally Has Only Begun
Stocks fell on Friday, with the tech sector losing steam and investors grappling with a mixed bag of bank earnings.
The Nasdaq Composite tumbled by...
Yields Surge on “Stagflationary” PMI Data
The second quarter of 2024 got off to a shaky start for U.S. stocks on Monday, with the S&P 500 falling 0.4% and the...
Is this the “Death of the Dollar?”
Stocks jumped today despite key inflation data coming in slightly hotter than expected, with tech giants Nvidia and Meta Platforms leading the charge.
After the...
Investors Think the Fed Has Given Up, They’re Probably Right
Stocks took a step back today, pausing a record-breaking rally as investors prepped for another big week of data. This includes testimony from Federal...
Consumer Confidence Slips Ahead of Key Inflation Reading
Stocks ticked lower this morning after falling slightly from their record highs. Retail earnings are now in the spotlight for investors who are eagerly...
January CPI Setting the Stage for Potential “VIXplosion” and Flash Crash
Stocks took a small step up on Monday, building on their gains after the S&P 500 jumped above 5,000 for the first time on...