The Latest Breaking News from Powell

It’s been a while since I talked to anyone enjoying the recent stock market action. Too volatile. Too illogical. No real trend. All true. However, the more we understand why this is happening the easier to diagnose what will happen from here and how we can trade our way to…

Investors are not buying the idea the Fed won't cut — not even a little bit.

Bulls took the early lead in 2023...yet as more cards are flipped over it looks like bears are going to take the pot once again. Let’s discuss the recent changes that are pointing to more downside ahead for the stock market (SPY). Better yet, 40 year investment veteran Steve Reitmeister…

The S&P 500 (SPY) has been sloshing around in the trading range between 4,000 and 4,200 for the past month. However, bulls have gotten 3 straight strikes against them that may point to a looming breakout to the downside. Let’s review the growing evidence that bears are likely to come…

The Fed is on a war path against inflation. The longer they stay hawkish, the more likely a recession forms…the more likely stocks (SPY) tumbling lower. In February there have been 2 clear strikes against the bulls. And Thursday potentially brings strike 3. What is it? What does it mean?…

From today's decision by the New York intermediate appellate court in Smartmatic USA Corp. v. Fox Corp.: The causes of action for defamation were based on significant allegations that defendant Giuliani (and defendant Powell, against whom the action has been dismissed) made defamatory statements about plaintiffs' involvement in the 2020…

Unfortunately, we're back to our ol' 2022 pattern of "wait and see," where the S&P 500 (SPY) kind of churns sideways until the next big CPI report or Fed meeting. But there are three things I'm watching for over the next few weeks. Read on to find out what they…

The stock market (SPY) is becoming more complicated by the day. Bulls make a good case given the recent rally. But so do the bears given the clear weakness in the economy pointing to recession. Who is right? And how best to trade the market in the weeks and months…

The Fed could have a plethora of issues on their hands, including a debt limit standoff.