Bill Poulos
“Bad Breadth” Threatening Stocks Once Again
Stocks took a dip on Monday, cooling off from their recent hot streak. The reason? Fed Chairman Jerome Powell threw cold water on hopes...
New “Stagflationary” Manufacturing Data Should Scare Bulls
Stocks showed little change this morning as the market processed incoming "stagflationary" data. The S&P 500 approached its record close of 4,796, with both...
Stocks Level Off Following “JOLTS Shock”
Stocks slipped slightly today as fresh jobs data prompted investors to reassess their expectations. The tech sector, which had been performing well, leveled off,...
Fed’s Waller and Bowman Spark Intraday Market Chaos
Stocks were up just barely in early afternoon trading as investors cautiously watched for an end to the massive November rally. The Dow Jones...
Target, Walmart Combine to Send “Recession Warning”
Stocks took a step back today following the absolutely massive rally of the last few weeks. Investors seemed to reassess the odds of a...
Cool CPI Kick-Starts “Santa Rally”
Stocks erupted this morning, buoyed by an inflation report that came in cooler than anticipated. The Bureau of Labor Statistics released data this morning...
Markets Brace for CPI, “Big Week of Data”
Stocks traded flat today, shaking off the initial concerns following Moody’s decision to downgrade the U.S. credit rating outlook from stable to negative. The...
Stocks Rise, Oil Falls Following Israeli Incursion into Gaza
Stocks rebounded today with investors waiting for several key events, including the Federal Reserve's impending policy decision and Apple's earnings report.
The S&P 500 surged...
Wall Street Says: “Buy Treasurys”
Stocks extended their losses today despite a retreat in key Treasury yields. The Dow Jones Industrial Average dipped by 0.4%, a 140-point descent, while...
Stocks Stage Major Bullish Reversal Despite “Hot” Retail Sales
Stocks staged another miraculous mid-session comeback today, rebounding following robust retail sales data and strong corporate earnings. The Dow Jones Industrial Average edged up...