Buzz on Business

Get Ready for a Wild Ride: Key Economic Data Set to Rock the Markets Today

William Walsh
Many times, on this podcast, we’ve spoken about divergences and how they often signal to the careful observer that change is in the air. Often, we ...

Good News is Bad News: The Stock Market Rallies Despite Strong Economic Data

William Walsh
Good news is bad news.” Here at the Ministry of Truth, those are words to live by. We’ve always been at war with good news. On Thursday, we got ...

From Rugrat to Big-Shot Lawyer: A Father-Son Story and the Dow at 40,000

William Walsh
The Dow Jones Industrial Average closed above 40,000 for the first time ever on Friday. Quite the milestone and quite a tribute to American business a...

Bullish Reversal Followed by Bearish Reversal? Huh? The Financial Animal Decodes Mixed Signals

William Walsh
On Friday, we reported that the S&P 500 had had a lower low and a higher close, a pattern known as a Bullish Reversal. Over the next three trading ses...

Wall Street Washed in April Showers: Is a May Flower Rally Coming?

William Walsh
The question, the most important question on the minds of traders and investors is this: Do April showers bring May flowers? Because to mix a metaphor...

No Rate Cuts Until June? Fed Talk Sends Stocks Sinking

William Walsh
Federal Reserve member Loretta Mester threw cold water on hopes of an early rate cut, spooking investors and triggering a broad market sell-off. We an...

Fed Tightrope Walk: Can They Fight Inflation Without Causing a Recession?

William Walsh
A lot has happened since the last Fed meeting. Specifically, a spike, a persistent spike In the inflation numbers. And the market’s apparent policy ...

Fed Testimony Fallout: Understanding Wall Street’s Reaction

William Walsh
There is an old Wall Street maxim that says, “Don’t fight the Fed.” It means that if the Fed is tightening, if rates are rising, if the punch bo...

Inflation Data Looms, Stocks Mixed, But Bitcoin Shines

William Walsh
While they await, with bated breath, the inflation numbers due out tomorrow morning, stocks have lost some of the momentum we’d seen after the NVIDI...

Wall Street Holds Its Breath for NVIDIA Earnings, Then It Explodes!

William Walsh
It was a fascinating day on Wall Street on Wednesday. A case study in human psychology, a graphic illustration of Greed and Fear, played out minute by...

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...

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...

Financial Animal

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