The Latest Breaking News from POWR Growth

Last week was a rough one for the bulls. In fact, it was the worst week for the S&P 500 (SPY) so far in 2023... as every financial news site mentioned again and again. So this is obviously the start of the next leg lower... the major capitulation everyone has…

On Wednesday, the Federal Reserve announced a 25-basis point rate hike, a smaller increase than what we grew accustomed to in 2022. Inflation appeared to be moving back into a controlled place. The S&P 500 (SPY) cheered and continued to rally, leading to one of the strongest starts to the…

Hey y'all! Happy 2023! I hope everyone is ready to ring in the new year with happiness and positivity. Unfortunately, there's a chance the stock market (SPY) is planning to do the exact opposite. Let me walk you through what I'm seeing.

A lot has happened since my stock market (SPY) commentary last week! We nailed the interest rate hike — 50 bps, as everyone expected — and I was right that the dot plot and post-meeting commentary would spoil the party. This has certainly been a market where any bad news…

Last week, I discussed all of the reports we had coming due before the Fed's December meeting (and rate hike announcement)...including the very important Consumer Price Index (CPI) report that was released this morning. It felt premature to send out my pre-Fed meeting market commentary before that last important inflation…

Bear markets can be brutal and messy. They often don't end until testing the resolve of investors. And even for bears, they aren't easy affairs as evidenced by the stock market's 7% pop following a soft CPI report. They also are necessary and healthy as they cleanse the financial system…

The S&P 500 (SPY) bear market rally came to an abrupt end amid the FOMC meeting and a better-than-expected employment report. The FOMC gave some hints about a possible slowing in the pace of hikes, but it was still hawkish on balance. The employment report showed some slowing in momentum…

The S&P 500 (SPY) is up more than 10% over the last 2 weeks, and it’s confirmation that this is more of a ‘bear market rally’ rather than an oversold bounce. That being said, this rally will likely roll over to new lows as the financial and economic conditions continue…

It feels even more like deja vu as the S&P 500 (SPY) is embarking on its 3rd bear market rally of 2022 with each taking place during earnings season. Despite a handful of high-profile misses, the Q3 earnings season has continued the trend of previous ones by coming in better…