US stock market

On Wednesday, the Federal Reserve, the central bank of the United States, announced the decision of the Dec. 17-18 meeting of its Federal Open Market Committee (FOMC) regarding interest rates. According to the Fed’s FOMC Statement, although progress has been made on cutting inflation, it still remains higher than what they would like, which is […]

On 27 November 2024, the U.S. Bureau of Economic Analysis (BEA) released its “Personal Income and Outlays” report for October, revealing steady income growth, modest consumer spending increases, and inflation that continues to exceed the Federal Reserve’s long-term target. These figures are key to understanding the Federal Reserve’s next steps on interest rate policy and […]

U.S. stocks pulled back on Tuesday, November 12, 2024, with all major indices closing in negative territory despite some notable bright spots in the technology sector. The Dow Jones Industrial Average led the decline, dropping 382.15 points, or 0.86%, to close at 43,910.98. The S&P 500 fell 17.36 points, or 0.29%, to end at 5,983.99, […]

The Nasdaq Composite hit a fresh record high on 29 October 2024, buoyed by optimism around major tech earnings and an easing of tensions in the Middle East. The tech-centric Nasdaq gained 0.7%, crossing the 18,700 mark, with the S&P 500 up 0.2%. Meanwhile, the Dow Jones Industrial Average lagged, dipping by 75 points or […]

On Monday, in an interview on CNBC’s “Squawk on the Street,” Tom Lee, Head of Research at Fundstrat Global Advisors, offered a compelling analysis of why the stock market has continued its upward momentum. Lee, who has recently raised his target for the S&P 500 to 6,000, explained the underlying factors driving the current rally, […]

On October 14, Michael Kantrowitz, the chief investment officer at Piper Sandler, joined CNBC to share his thoughts on the U.S. stock market. He provided a nuanced view of the current market, acknowledging that although stock prices are expensive, this should not be a reason to become overly bearish. He emphasizes that while most valuation […]

On 8 October 2024, famed global macro hedge fund manager Hugh Hendry posted a thought-provoking message on the social media platform X, discussing Bitcoin’s place in the broader financial landscape and warning of potential dangers in traditional financial markets. Hendry’s commentary compared Bitcoin’s market capitalization to that of major tech stocks, highlighting the potential instability […]

The stock market’s benchmark index, the S&P 500, has rallied by more than 20% so far this year and is currently posting its “biggest gain since 1997” even amid soaring geopolitical tensions and growing concerns of a potential financial crisis. According to the economics outlet Kobeissi Letter on the microblogging platform X (formerly known as Twitter), the […]

On 1 October 2024, Aadil Zaman, a partner at Wall Street Alliance Group, joined CNBC’s Power Lunch to share his thoughts on navigating the current market environment. With geopolitical tensions escalating, especially in the Middle East, and the Federal Reserve monitoring the economy, Zaman outlined a strategy that emphasizes hedging with gold, energy, and defense […]

U.S. stocks slipped on Tuesday following reports of potential conflict in the Middle East, which dampened investor optimism despite a strong close to the previous quarter, according to a report by Alex Harring and Biran Evans for CNBC. The Dow Jones Industrial Average dropped by 346.71 points (0.82%), while the S&P 500 and Nasdaq Composite […]

The Dow Jones Industrial Average reached a new all-time high on Friday as market participants responded positively to fresh data pointing toward continued inflation relief. According to a report by Brian Evans and Pia Singh for CNBC, Wall Street also appeared on course to close the week with strong gains, reflecting growing confidence in the […]

The stock market’s benchmark index, the S&P 500, has added around $8 trillion to its market capitalization so far this year after surging more than 20%, meaning it has added an average of $43 billion per trading day year-to-date. According the economics outlet Kobeissi Letter on the microblogging platform X (formerly known as Twitter), the S&P 500 […]

Hedge fund billionaire John Paulson, renowned for his successful bet against the housing market during the financial crisis, recently warned that Vice President Kamala Harris’ proposed tax plans could lead to a financial market collapse and a recession, according to a report by Yun LI for CNBC. Paulson, a vocal supporter of former President Donald […]

Peter Tuchman is one of the most recognizable stock traders on Wall Street, known for his animated expressions during market swings and his iconic appearance, often drawing comparisons to Albert Einstein due to his distinctive look. Tuchman has been a fixture on the New York Stock Exchange (NYSE) trading floor for nearly four decades, starting […]

Several market sectors linked to Donald Trump’s potential second term faced notable volatility following a highly anticipated debate with Kamala Harris, according to a report by Lynn Thomasson for Bloomberg. Traders have begun scaling back bets tied to a Trump victory, with Trump Media & Technology Group Corp. (NASDAQ: DJT) shares dropping over 11%. Bloomberg […]

U.S. stocks tumbled on Wednesday as new inflation data shook trader expectations for a larger rate cut from the Federal Reserve next week. According to a CNBC report published earlier today, the S&P 500 dropped 1.1%, while the Dow Jones Industrial Average fell by 517 points, or 1.3%. The Nasdaq Composite also shed 0.6%. The […]

In a video published yesterday on his YouTube channel “Meet Kevin,” finance expert Kevin Paffrath discussed a stark warning from UBS about a potentially significant decline in the S&P 500. The UBS report, featuring insights from Rebecca Cheong, a top strategist for U.S. equity derivatives at UBS, forecasts a possible 15% drop in the S&P […]

The global stock market saw its market capitalization plunge by around $4.1 trillion last week in its largest drop in two years amid a wide market sell-off that came over mixed US jobs data and growing deflationary pressure in China. According to the economics outlet Kobeissi Letter on the microblogging platform X (formerly known as Twitter), world stocks’ […]

On September 8, prominent investment strategist Lyn Alden shared her tentative five-year outlook in the September 2024 edition of her newsletter, offering insights into various asset classes ranging from U.S. and international stocks to bonds, gold, and Bitcoin. Alden began by expressing a neutral-to-negative view on major U.S. stock indices, noting that they are starting […]

In arecent episode of The Peter Schiff Show, Peter Schiff discusses the fragile state of financial markets and the looming potential for a collapse. Weak Jobs Report and Market Instability Schiff starts by analyzing the recent non-farm payroll report, which he describes as weaker than the media portrays. Despite this, the report wasn’t weak enough […]

The stock market’s benchmark index, the S&P 500, has seen its total market capitalization drop by around $1.7 trillion so far in September ahead of expected interest rate cuts from the Federal Reserve later this month. According to the economics outlet Kobeissi Letter on the microblogging platform X (formerly known as Twitter), the stock market hasn’t seen […]

As of 2:50 p.m. UTC on 6 September 2024, Bitcoin is trading at $54,746, marking a 3.4% drop over the past 24 hours. This significant decline in Bitcoin’s value seems closely tied to the disappointing U.S. jobs data for August 2024, which was released earlier in the day. The broader cryptocurrency market, which typically follows […]

US job openings have dropped to their lowest level in three and a half years in July, to 7.67 million, from 7.91 million in June, while available vacancies “materially missed expectations of 8.09 million.” According to the economics outlet Kobeissi Letter on the microblogging platform X (formerly known as Twitter), since seeing a peak in March 2022, […]

Equities have lost over $1 trillion in market capitalization over the past trading session as large-cap tech stocks endured a massive sell-off that saw the price of Nvidia (NVDA), a company that’s been rallying off of AI growth bets, losing over $360 billion in market capitalization including its after-hours move. According to the economics outlet Kobeissi […]

In a recent interview on the David Lin podcast, investment strategist Gareth Soloway observed that the S&P 500 is showing patterns similar to those seen in 2007. He pointed out that the market has experienced drops followed by rebounds, which, in his view, could lead to a new all-time high before a significant downturn. Soloway […]

In a recent interview, Mike McGlone, a Senior Commodity Strategist at Bloomberg Intelligence, provided a sobering analysis of the current economic landscape. McGlone went into the concept of a “reset of a lifetime,” discussing the global deflationary recession he sees on the horizon, the performance of key assets like Bitcoin and gold, and the broader […]

Global markets are living on borrowed time, says Diego Parrilla, the Chief Investment Officer of Quadriga Asset Managers. In a candid interview with David Lin, Parrilla paints a stark picture of financial bubbles on the verge of bursting, threatening to unleash a wave of economic turmoil. Parrilla suggests that the real question isn’t whether this […]

In an interview on CNBC on August 19, Ed Yardeni, the Founder and President of Yardeni Research, shared his thoughts on the Federal Reserve’s likely monetary policy moves as the September 2024 meeting approaches. Known for his keen market analysis and prescient economic forecasts, Yardeni presented a detailed perspective on why he expects the Federal […]

On August 5, Daniel Ives, Managing Director and Senior Equity Research Analyst at Wedbush Securities, shared his thoughts on Bloomberg TV regarding the current state of the tech stock market. Despite recent market jitters, Ives emphasized that this period represents a buying opportunity for large-cap tech stocks, asserting that the bull run for tech stocks […]

On August 5, Ed Yardeni, the Founder and President of Yardeni Research, was interviewed on Bloomberg TV, where he expressed his views on the recent global market selloff. Yardeni argued that the selloff was overdone and attributed it more to the unwinding of carry trades than to weak economic numbers from the US. Yardeni stated […]

The VIX, or Volatility Index, is an essential financial metric developed by the Chicago Board Options Exchange (CBOE) that quantifies market expectations of near-term volatility, particularly over the next 30 days, based on the prices of S&P 500 index options. Often referred to as the “Fear Index” or “Fear Gauge,” the VIX is pivotal in […]

A prominent crypto research firm has issued a stark warning about the future trajectory of Bitcoin prices. The firm suggests that the recent downward trend in Bitcoin’s value could be merely the prelude to a more significant decline, citing concerns about an impending economic downturn and Bitcoin’s potential decoupling from broader stock market trends. The […]

In a video released on August 2, David Lin of “The David Lin Report” hosts Clem Chambers to discuss the current market downturn and its potential implications. Clem Chambers is a prominent figure in the financial and technological sectors, known for his expertise as a financial analyst and author. He serves as the CEO of […]

Is the U.S. stock market showing signs of nervousness due to President Joe Biden stepping aside for Vice President Kamala Harris, who is performing much better than expected in the polls against Donald Trump? This question arises as market participants seem to be re-evaluating the political landscape and its potential impact on economic policies. Recent […]

In a recent interview with Jeremy Szafron on Kitco News, Bill Baruch, President of Chiacgo-based futures and commodities brokerage firm Blue Line Futures, provided an in-depth analysis of the significant market reactions following President Joe Biden’s unexpected decision to withdraw from the 2024 presidential race. Baruch offered valuable insights into how this political upheaval, along […]

On July 22, during an interview on CNBC’s “Squawk on the Street”, Tom Lee, co-founder and head of research at independent financial research boutique Fundstrat Global Advisors, shared his insights on the current U.S. stock market dynamics, focusing on small-cap stocks, the potential impacts of political shifts, and the economic outlook. Short-term vs. Long-term Influences: […]

Renowned economist Albert Edwards warns of an imminent tech stock correction, citing overvaluation and historical parallels. Edwards is a well-known economist and market strategist, particularly recognized for his bearish outlook on the global economy. He has been a prominent figure at Société Générale, a major French multinational investment bank and financial services company, where he […]

According to an article by Spencer Jacob for the Wall Street Journal (WSJ), investment expert Mark Spitznagel is concerned about the potential upcoming bursting of the “greatest bubble in human history.”  Spitznagel is an American investor and hedge fund manager best known for founding Universa Investments, a hedge fund that specializes in tail-risk strategies. These […]

On Wednesday, July 17, 2024, global chip stocks experienced a sharp decline, reflecting growing concerns over potential U.S. export restrictions and escalating geopolitical tensions. This downturn affected major players in the semiconductor industry, including ASML, Nvidia, and TSMC. According to a report by Arjun Kharpal for CNBC, the Netherlands-based ASML, a crucial supplier of chipmaking […]

The term “petrodollar” refers to the practice of pricing and trading oil in U.S. dollars. This system began in the early 1970s when the U.S. made an agreement with Saudi Arabia to price all of its oil sales in U.S. dollars. In return, the U.S. provided military and economic support to Saudi Arabia. This agreement […]

On July 11, Scott Wren joined CNBC’s “Closing Bell Overtime” to discuss the day’s U.S. stock market action. Scott Wren is a senior global market strategist at Wells Fargo Investment Institute (WFII), a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. WFII focuses on providing top-tier investment expertise and advice, helping […]

According to a recent note from Peter Berezin, the U.S. stock market is expected to experience a significant downturn. Berezin is a financial analyst and strategist, serving as the Chief Global Strategist at BCA Research, a firm specializing in global investment research. He focuses on offering strategic investment advice and economic analysis, covering global economic […]

On July 9, Anastasia Amoroso, iCapital’s Chief Investment Strategist, joined CNBC’s “Squawk Box” to share her insights on the latest market trends, the state of the economy, and the health of the consumer. Amoroso is the Managing Director and Chief Investment Strategist at iCapital Network, where she advises on private and public market investment opportunities. […]

In an appearance on CNBC’s “Squawk on the Street” on July 1, Tom Lee, co-founder and head of research at Fundstrat Global Advisors, shared his thoughts on the current state of the markets, his predictions for the S&P 500, and his bullish thesis on Bitcoin. Market Outlook and S&P 500 Predictions Lee began by discussing […]

Keith Gill, widely known by his online alias “Roaring Kitty,” has significantly increased his stake in GameStop. On Thursday, Gill shared a screenshot of his E-Trade portfolio on Reddit’s Superstonk forum, revealing that he now holds over 9 million shares of GameStop and more than $6 million in cash. This marks a substantial increase from […]

Keith Gill, known on X as RoaringKitty and DFV on Reddit, could become a billionaire through his bet on the popular meme stock GameStop (GME) if the price of the firm’s shares hit $67.5, given his massive position. According to a recent report by the Kobeissi Letter, GME’s price surged to an impressive $67.5 during […]

According to Bloomberg, the 90-day correlation coefficient between Bitcoin and the Nasdaq 100 index, a tech-heavy benchmark, reached 0.46 this week—the highest since late August. A coefficient of 1 indicates that assets move in perfect sync, while -1 suggests they move in opposite directions. Per the article, when the Fed began raising rates in early […]

On May 16, Steve Quirk, the Chief Brokerage Officer at Robinhood, appeared on CNBC’s “Squawk Box” to discuss the recent resurgence of meme stock trading and its implications for the market and retail investors. These were the main highlights of the interview: Volume and Participation Shifts: Quirk observed a shift in trading volumes compared to […]

According to CNBC, in a much-anticipated report from the Labor Department’s Bureau of Labor Statistics, the consumer price index (CPI) showed a modest increase of 0.3% in April compared to March. This figure was slightly below the Dow Jones estimate of 0.4%, indicating a minor easing of inflationary pressures. However, the year-over-year CPI still rose […]

On May 14, during a segment on CNBC’s “Squawk Box,” former U.S. SEC Chairman Jay Clayton shared his views on the meme stock phenomenon, particularly focusing on the astronomical trading volumes of stocks like GameStop and AMC. Concerns Over Investment Practices: Clayton expressed significant concern over the behavior of market participants, especially retail investors who […]

This week, Wall Street is witnessing a resurgence in meme stock activity, reminiscent of the dramatic events surrounding GameStop Corp (NYSE: GME) in 2021. A new wave of retail traders has significantly driven up the price of GameStop, the video game retailer that gained fame for its extraordinary rally two years ago. This rally led […]

According to an article by Gregory Zuckerman for The Wall Street Journal (WSJ), Warren Buffett, known for his cautious investment style, made a surprising pivot in 2016 when Berkshire Hathaway began accumulating shares of Apple Inc. (NASDAQ: AAPL). Historically, Buffett and his partner Charlie Munger had steered clear of tech stocks, with Munger even describing […]

Earlier today, in an interview with Jim Cramer on CNBC’s “Squawk on the Street,” Starbucks Corp (NASDAQ: SBUX) CEO Laxman Narasimhan provided a candid look at the company’s disappointing fiscal Q2 2024 results. Yesterday, Starbucks issued a detailed press release shedding light on the complexities and strategic adjustments the company is navigating through these challenging […]

Markus Thielen, the founder of 10x Research, the analyst renowned for accurately predicting Bitcoin’s (BTC) bottom in November 2022 and its subsequent surge to record highs prior to the halving event, has now adopted a bearish stance on risk assets, including technology stocks and cryptocurrencies. This shift in outlook comes amid rising concerns over sustained […]

On April 15, 2024, Goldman Sachs, a premier global financial institution, unveiled its first quarter earnings for 2024. The report showcases an impressive financial performance, underscored by robust growth in net revenues, earnings, and earnings per share. Key Highlights from Goldman Sachs’ Q1 2024 Earnings: Net Revenues: Goldman Sachs posted net revenues of $14.21 billion […]

According to a popular cryptocurrency analyst, the price of Bitcoin ($BTC) has been “mirroring the Nasdaq’s price movements closely,” which could mean the cryptocurrency is headed toward the $90,000 mark later this year if the pattern is confirmed. In a post shared with his over 56,000 followers on the microblogging platform X (formerly known as […]

Amidst the dramatic surge in Bitcoin, short sellers are not backing down from their pessimistic bets on cryptocurrency-related stocks, wagering billions in anticipation of a market downturn. According to a Bloomberg report by Carmen Reinicke published on March 26, data from S3 Partners LLC reveals that total short interest in the crypto sector has escalated […]

In a move that marks former President Donald Trump’s return to the forefront of public trading, his Truth Social platform commenced trading under the ticker “DJT” on Tuesday, as reported by CBS News. This venture positions Trump, identifiable by his initials, at the control of a publicly traded entity once more, with the shares of […]

Reddit shares continue to perform strongly in their Thursday IPO debut, currently trading at $47.57 with a staggering 40% increase since the opening price, reflecting a market capitalization of around $7.65 billion. This marks the first major social media IPO since Pinterest’s 2019 offering, according to a report by CNBC published earlier today. The 19-year-old […]

In a compelling conversation with Bloomberg’s Francine Lacqua on March 14, Michael Hartnett, Chief Investment Strategist at Bank of America Corp., shared insights into the current state of the financial markets, directly from Rome at the Bank of America Global Investor Summit. His observations highlight a market infused with euphoria, potentially inflating a bubble, particularly […]