Bill Poulos
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...
Jobs Report Posts Massive “Beat,” Stocks Rally Anyway
Today's market action was a rollercoaster, driven by a jobs report that outperformed expectations and fueled speculation about the Federal Reserve's next move. The...
October Rally Potentially Underway Despite Stubbornly High Yields
Wall Street showed a glimmer of resilience today with stocks edging up at the open. This comes on the heels of a brutal sell-off...
Bears Roar as Fed Speaker Leans Hawkish
Today's market action was a stark reminder to traders that the Federal Reserve isn't in a hurry to cut interest rates. The S&P 500...
Traders Look Confused after Government Shutdown “Near Miss”
Today, the stock market presented a mixed bag as the new quarter kicked off. The Nasdaq edged higher by about 0.5%, while the Dow...