Wall Street bull and bear frenzy

“The market has a perfect record of humiliating people who use the word 'obviously.'”
— THE MOLE

Category Market Outlook

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The worst print reaction since 2004

The worst print reaction since 2004

Alphabet doubled cloud revenue and still got almost 13% knocked off the stock in a single session. It closed at $283, about 1% above its three-month low. Anyone who bought it for the cloud story was looking was buying the…

The Fed Is Just the Opening Act

The Fed Is Just the Opening Act

The Fed announces at 2pm ET, it’s the most telegraphed decision of the year, and the market has treated it as settled for weeks. Which makes the FOMC the opening act – the actual verdict on this market gets delivered…