Buzz on Business

Strong Earnings, Mixed Markets, and Busy Economic Week Ahead

William Walsh
The NVIDIA party that kicked off on Wednesday faded on Friday, although NVIDIA itself, still out on the dance floor as the lights came up, managed a g...

Market Rebounds After Tuesday's Selloff, But Caution Advised

William Walsh
One headline we saw right after the close on Wednesday said, “Calm, returned to the markets.” I suppose that's right if by calm you mean staying h...

Will We See Rate Hikes Instead? Inflation Surprises, Stocks Recoil

William Walsh
If you thought that rate cuts were coming, maybe in March, but surely no later than May. If you thought that the stock market was just a series of ste...

Shake it Off? Market Is All To Well, But Will It Be Our Blank Space Soon?

William Walsh
The S&P finally closed above 5,000 for the first time ever on Friday. The tech-heavy NASDAQ Composite is within 210 points of a new all-time high. Sma...

Market Narrows Despite Jobs Boom: "Creepy, Menacing Music" Plays

William Walsh
More good news from the labor market and more good news on earnings propels the broad market higher, but decliners lead advancers yet again, the marke...

Green Numbers, Grumpy Mood: William Walsh Questions the Market Rally's Heart

William Walsh
A mile wide and an inch deep. That's what support for this market looks like—feels like—to us. The major indexes gapped up at the open on Wednesda...

Jobless Claims Up, Manufacturing Up: Will the Fed Cut Rates?

William Walsh
Three of the Magnificent Seven companies reported earnings after the bell on Thursday. Facebook parent Meta, Amazon, and Apple all exceeded expectatio...

Markets Crumble as Fed Takes Away the Punch Bowl

William Walsh
If it is true, as is often claimed, that the job of the Federal Reserve is to take away the punch bowl just as the party is getting started, Federal R...

Crypto Green Light: SEC Approves Bitcoin ETFs Amidst Twitter Hacks

William Walsh
At long last and after fighting it tooth and nail for years and years, the Federal Agency responsible for regulating the financial markets, the Securi...

Economic Numbers Pretty Good, Market Sputters Anyway

William Walsh
Apple was hit with another downgrade by; I don’t know who, over the “me too” claim that iPhone sales are coming in below expectations. Apple is ...

Market Slumbers Through Pre-Holiday Lull: Was This the Most Boring Day Ever?

William Walsh
Stocks opened higher on Thursday, traded in a narrow range for most of the day, and sold off into the close, to finish mixed on low volume. Another bo...

Dow Records to One Cent Burgers: A Quirky Christmas Week on Wall Street

William Walsh
There hasn’t been much news lately into which traders could sink their teeth. The markets seem to be missing a catalyst. Plus, well, it’s the week...

Financial Animal

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