U.S. Should Follow ECB Rate Decision After Growth Warning
Outdated models are underestimating growth, and strong growth will continue to push inflation higher.
200+ Nasdaq Stocks Say This Market Isn’t So Great
Between new lows and an increase in downside volume it’s safe to say selling picked up quite a bit Wednesday.
What Has Gotten Into Bank Stocks?
* The consumer is ‘spent up, not pent up’…
The same thing that has got into the shares of Walmart (just look at the sickly $WMT chart) and other consumer staples — a weakening consumer.
The low-end and middle-end consumer has lived on borrowed time — the dwindling savings rate (now at about 2.6%%) suggests the consumer, plagued by a weak jobs market and an acceleration in the rate of inflation, is spent up and not pent up:
The consumer forms the core foundation of most banks.
While the K-shaped economy has buoyed the wealthy (with large balance sheets, invested in stocks and real estate) — a crack in equities could adversely impact the resilient and higher-end consumer.
Position: None
Walmart Tumbles While Investors’ Attention Is Laser-Focused on Tech
Is this a market of stocks or a market of tech stocks? People have stopped paying attention to anything but tech.
Morgan Stanley Sends AI Trade Warning: Stop Buying
I’m enjoying the aggressive speculative trading, but growing worried about some upcoming catalysts and toppy technical action.
Here’s Where We Stand on Costco After Its Earnings Release
This is what we’re watching in terms of our price target, and where we could add shares.
Consumers Wrestle With Inflation as the AI Economy Booms
Dell is flying on AI demand while Costco struggles with high oil prices.
Walmart Stock Gives Investors Something to Fret Over
Let’s talk about the chart patterns of some key stocks, including Walmart, which is starting to look like Microsoft stock from last November.
Introducing TheStreet Pro’s Weekly Sentiment Survey
TheStreet Pro has started a weekly survey of our contributors in order to aggregate their thoughts and opinions on the market.