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Peloton is down 73.9% year-to-date and 94.5% from its January 2021 record high Expect more pain ahead for the embattled company. "The ship is turning," Peloton (NASDAQ:PTON) CEO Barry McCarthy...
The Fed told markets what they didn't want to hear. Rates would need to be higher than previously thought, and with that, rates across the curve and the dollar are moving higher. Both rates and the...
The S&P 500 shed another 1% Thursday, adding to Wednesday’s Fed-fueled 2.5% losses and leaving the index down 4.6% for the week. Ouch! As bad as this feels, unfortunately, it appears there...
In the end, it was 200-day MA resistance for the Russell 2000, and the October swing high of 11,200 in the Nasdaq, which proved to be the step-too-far for the rally in the indices. In all cases,...
Following Wednesday’s FOMC meeting, it's clear that Federal Reserve Chair, Jerome Powell and company are still far more concerned about the “price stability” half of their dual...
Markets are still feeling the after-effects from Chair Powell forcefully pushing back the 'pivot' narrative.US equity markets continued to sell off for the second day on the November FOMC meeting...
With profit growth returning in 2022, and a reasonable valuation, BUD seems like it could be a buy But the comparison is somewhat easy, and the multi-year trend remains negative ABI needs to show...
The Federal Market Open Committee increased interest rates by 0.75% for the fourth straight time yesterday. This hike pushes the top of its target range to 4%, the highest since 2008. Therefore,...