Nicholas Colas

The S&P 500 added to last week's losses on Monday as the index drifted closer toward its June intraday low of 3,636.87. The S&P 500 traded as low as 3,647.74 Monday as investors consider whether the June lows will hold as technical support or stocks are headed to fresh 52-week lows...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by another 0.8% on Monday morning after a 3.4% plunge Friday in the wake of bearish commentary from Federal Reserve Chair Jerome Powell at the Jackson Hole Economic Symposium. Investors were hopeful that strong labor data and indications that...

The SPDR S&P 500 ETF Trust (NYSE: SPY) snapped its winning streak last week and kicked off Monday with another day of steep losses. DataTrek Research co-founder Nicholas Colas discussed three reasons why the summer stock market rally has run out of steam despite four consecutive weeks of gains...

Alibaba Group Holding Ltd - ADR (NYSE: BABA) finished a news-packed week on a low note Friday and was down about 9.5% following reports that billionaire Jack Ma is giving up control of Ant Financial. What Happened? Earlier this week, Alibaba shares briefly rallied on news the company plans to duel...

The Invesco DB US Dollar Index Bullish Fund (NYSE: UUP) traded higher by 0.1% on Wednesday as the value of the dollar has climbed in-line with the value of the euro for the first time in nearly 20 years. Inflation Is King: Wednesday morning's news that the consumer price index (CPI) increased 9...

The SPDR S&P 500 ETF Trust (NYSE: SPY) rebounded a bit from its early week downturn on Wednesday morning ahead of a critical Federal Open Market Committee interest rate decision at 2 p.m. ET.  Market Expectations: The bond market is pricing in 97.8% chance of a 0.75% hike and a 2.2% chance...

Earlier this week, a new filing by Tesla Inc (NASDAQ: TSLA) revealed the company is planning another stock split later this year, according to Benzinga Pro. In DataTrek Research's daily newsletter this week, Nicholas Colas said stock splits shouldn't create any value for a company like...

The S&P 500 has struggled so far in 2022, but a combination of energy shortages, booming reopening demand, inflation and geopolitical unrest has oil prices trading at multi-year highs. Oil stocks like Exxon Mobil Corp (NYSE: XOM) and Marathon Oil Corporation (NYSE: MRO) are among the market...

The U.S. Federal Reserve confirmed investor suspicions in December that multiple interest rate hikes are likely coming in 2022. The bond market is now pricing in the potential for the first rate hike to come sooner than many investors may realize. Probability Rising: According to CME Group, the...

As 2021 winds to a close, investors and analysts are already shifting their focus to 2022. This year marked the third consecutive year of at least 16% returns for the S&P 500, leaving investors to wonder just how much more upside they can expect from the SPDR S&P 500 ETF Trust (NYSE: SPY)...

Shares of meme stocks GameStop Corp. (NYSE: GME) and AMC Entertainment Holdings Inc (NYSE: AMC) rebounded slightly on Tuesday after taking a beating over the last week. The mantra for their cult following of investors throughout 2021 has been to have diamond hands and buy the dip, but DataTrek...

Tesla Inc (NASDAQ: TSLA) is now up a whopping 52% in the past month, adding about $400 billion to its market cap. The extreme move comes after a $4.2 billion deal to sell 1,000 Model 3’s to Hertz Global Holdings Inc (OTC: HTZZ). Tesla’s Big Move: Tesla CEO Elon Musk is seemingly...

The SPDR S&P 500 ETF Trust (NYSE: SPY) has rallied 2.4% in the last two days after the Federal reserve said on Wednesday that it could begin tapering its $128 billion in monthly asset purchases “soon.” The Fed’s commentary suggests the U.S. economy is now on strong enough...

Analysts are expecting S&P 500 earnings to surge 40.7% in 2021 off of extremely easy pandemic comps. On Tuesday, DataTrek Research co-founder Nicholas Colas said one of the impacts of that burst of earnings growth will likely be a huge increase in S&P 500 share buybacks. The Numbers: Prior...

One of the biggest fears among investors so far in 2021 has been that higher-than-expected inflation could prompt the Federal Reserve to act sooner and more aggressively with tightening measures, including potential interest rate hikes. In the past month, bond market investors have grown less...