Stocks Set for Air Pocket as ‘Irrational Exuberance’ Grows
The market might hit a high note to end the year but 2027 won’t be as rosy.
Hot CPI Puts October Rate Hike Back in Play
Core rises 0.33% from August, a second hot monthly print, as gains spread well beyond energy. October rate-hike odds more than double.
The Hot CPI Report May Be the Medicine the Market Needed
A warm inflation number lets the market price in the worst case for the Fed, and biotech is already acting like it has washed out. Here’s my plan.
ASML Just Told Investors Something They Shouldn’t Ignore
The chip-equipment bellwether is sending an important signal for AI and the market. Just make sure you’re in the right spots.
Will a Hot CPI Report Widen the Gap in This Two-Tier Market?
Bonds are improving, but the stocks that should benefit aren’t responding.
If We Want a Lasting Rally, the SOX May Need to Fall Some More
It comes down to sentiment, which remains complacent. A little bit of fear would help provide the fuel needed to get stocks moving higher.
Bank Earnings Get a Cool Reception as Chip Jitters Linger
Memory makers fell again and the big banks missed Street expectations but Mag-7 strength kept the S&P 500 flat.
Split in the Market Widens as Bank Earnings Hit
New lows topped 500 and more than 60% of stocks are below their 200-day averages, while the mega caps hit another record.
Here’s Why the Simple Explanation for the Chip Selloff Makes No Sense
Chip stocks have sold down hard in the last couple of days. While Chinese competition is often cited as the motive, that’s a simplification that doesn’t add up.
Existing Home Sales Edge Up, But NAR Warns of Potential Drop to Come
September existing-home sales rose 1.5% from August, but NAR’s chief economist cautioned Q4 closings could be ‘measurably down’ as affordability slips year-over-year for the first time this year.