Stock Curry

Is Charles Schwab in Trouble? Bank Failures – Bank Bailouts

As bank failures mount due to a Silicon Valley Bank contagion inspired bank run, worries are spreading about a Charles Schwab bank collapse. Is Charles Schwab in trouble? After the Silicon Valley Bank crash and Signature Bank collapse, bank stocks sold off despite bank bailouts being announced Sunday night, including both the SVB bank bailout […]

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Stock Market Preparation for Monday – Bank Collapses and a Stock Market Crash Lead to Massive Bank Bailouts and More Money Being Printed

In the last 3 days, 2 of the 40 largest banks collapsed. Bank bailouts occurred, and now the stock market is rallying, with futures up nearly 2%. After Silvergate Capital collapsed, Silicon Valley Bank collapsed on Friday, and Signature Bank collapsed on Sunday. The Treasury Department stepped in and bailed out these banks in order

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Powell Testimony Today – “We Have to Bring Inflation Down”

Federal Reserve Chairman Jerome Powell testified to the US Senate on Tuesday. During the Senate Budget Committee’s Powell Testimony today, Powell acknowledged that the USA would have to enter a recession in order to get inflation down. Powell reiterated that his number one job is getting inflation down, even if means the unemployment rate doubles

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Stock Market Preparation for Monday – A Win for Bulls, but Uncertainty Increases as Jobs Data and Jerome Powell Take Focus

The stock market had a massive bounce off of the 200 day moving average on the S&P 500 last week, with the NASDAQ rising 4% in 2 days. This is a very strong bullish reversal signal, and indicates the stock market will restart the bull run that ended in January. But this week’s jobs data, as

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