Nicholas Colas

One of the reasons many Americans are struggling so badly during the coronavirus (COVID-19) economic shutdown is because they do not have emergency savings. In fact, about 40% of Americans don’t even have enough savings to cover a $400 emergency. Unfortunately, DataTrek Research co-founder...

Before investors get too excited about the potential new support level, they need to keep this week’s trading action in perspective. DataTrek Research co-founder Nicholas Colas has been following a trading playbook based on market action in late 2008. Colas said in a Wednesday newsletter that...

The SPDR S&P 500 ETF Trust (NYSE: SPY) gave up early gains to trade mostly flat in midday trading on Friday, potentially on track for its second consecutive day of gains. It’s been another brutal week for the S&P 500, but technical traders are hoping the silver lining is that the...

The S&P 500 and Dow Jones Industrial Average experienced their worst days since 1987 on Monday as the volatile stock market continues to whipsaw. While the market has seemingly been extremely unpredictable for weeks now, DataTrek Research co-founder Nicholas Colas said he's been...

On Sunday, the Federal Reserve issued its second emergency interest rate cut of March, slashing its fed funds target range by 1% to between 0% and 0.25%. In addition to the rate cut, the Fed announced a new $700 billion quantitative easing program. On Monday morning, the Federal Reserve said it...

Investors haven’t seen a stock market sell-off like the one they're seeing this week since 2008. According to DataTrek Research co-founder Nicholas Colas, the 2008 market drop started off almost exactly like things have played out on Wall Street this week. Deja Vu? On Thursday, Colas drew...

After another volatile open on Tuesday, the SPDR S&P 500 ETF (NYSE: SPY) is down 15% overall in the past month due to fears over the coronavirus outbreak and Monday’s collapse in oil prices. Investors are reaching the critical point in the sell-off at which they need to determine whether...

U.S. stocks have taken a beating in recent weeks on growing concerns about the negative economic impact of a global outbreak of the COVID-19 coronavirus. DataTrek Research co-founder Nicholas Colas compared the negative market impact of the coronavirus outbreak to the positive impact of January...

Tesla Inc (NASDAQ: TSLA) shares have been on fire in recent weeks, sparking a heated debate between Tesla bulls and bears as to whether the stock is a compelling long-term value or a mania-driven bubble. DataTrek Research co-founder Nicholas Colas took a fundamental look at where Tesla stands today...

Tesla Inc (NASDAQ: TSLA) has been running in insanity mode this week. Shares dropped more than 17% on Wednesday, the stock’s second worst day in history. The sell-off came just two days after the stock hit an all-time intra-day high of $961.86 and gained 19.9%, its single best day in more...

Despite political turmoil in Washington D.C. surrounding President Donald Trump’s impeachment proceedings, the S&P 500 is up another 2.6% in the past month to new all-time highs. The U.S. House of Representatives is expected to have a full vote on President Trump's impeachment trial...

The Federal Reserve issued its monthly statement on Wednesday, and one of the primary areas of interest for investors is the Fed “dot plot” chart for 2020. What Is The Fed Dot Plot? Investors get monthly interest rate updates from the Fed throughout the year, but four times per year the...

The Federal Reserve is expected to maintain its target interest rate range at between 1.5% and 1.75% on Wednesday afternoon when it releases its post-meeting statement at 2 p.m. Investors will be watching for any surprise changes to rates and indications from the Fed about where rates could be...

Stocks had another big month in what is shaping up to be a big year for investors, with the SPDR S&P 500 ETF Trust (NYSE: SPY) gaining another 3.8% in November. With one month to go in the year, investors need to decide whether to cash out of their 2019 gains, with the market up more than 25%,...

The SPDR S&P 500 ETF Trust (NYSE: SPY) has rallied 37.5% in the past three years, while the SPDR Gold Trust (NYSE: GLD) has significantly lagged, gaining just 5.7% in that time. However, Bridgewater Associates hedge fund manager Ray Dalio recently said gold could be gearing up for a bug decade...