Charlie Bilello

Nvidia Corp. (NASDAQ:NVDA) has pulled back from record high levels in recent sessions and yet has been a standout among stocks. An analyst on Thursday compared the stock with an American collegiate basketball legend. What Happened: “Nvidia is the Caitlin Clark of the stock market,” said...

Tesla, Inc. (NASDAQ:TSLA) used car prices continued to plummet, hitting a new record low last week, possibly reflecting the effects of the company’s recent price cuts. What Happened: Data from automotive research and shopping website CarGurus showed that used Tesla car prices...

Mega-cap stocks have been going through volatility amid the market weakness seen in the past three months. What Happened: Charlie Bilello, chief market strategist of Creative Planning Investor, shared a post on X, regarding the total 2023 returns from eight mega-caps, which he labeled “The...

The United Auto Workers has begun a simultaneous strike against Detroit’s Big Three automakers following a lack of agreement between the parties. On Sunday, Tesla, Inc.’s (NASDAQ:TSLA) CEO Elon Musk, whose company is non-unionized, weighed in on a post by Creative Planning’s Chief...

SPAC King Chamath Palihapitiya weighed in on the ongoing United Auto Workers’ union strike that has crippled operations at the plants of Detroit’s Big Three, namely Ford Motor Co. (NYSE:F), General Motors Corp. (NYSE:GM) and Stellantis N.V. (NYSE:STLA). What Happened: “The unions...

After economic worries impacted demand for Tesla, Inc. (NASDAQ:TSLA) vehicles in 2022, the electric vehicle pioneer announced a series of price cuts early this year, setting off margin worries. A Tesla bull weighed in on a data point that casts a cloud on the efficacy of the price cuts. What...

Apple, Inc. (NASDAQ:AAPL) stirred up excitement by announcing earlier this month a high-yielding savings account that promises an annual percentage yield of 4.15%. The new service will be offered in collaboration with Goldman Sachs Group, Inc. (NYSE:GS). In the first episode of "Signal or Noise"...

Charlie Bilello, Chief Market Strategist at CPIWealth, said if the S&P 500 index doesn't hit a new all-time high this year, it would create a record of sorts. If the S&P 500 fails to hit a new all-time high in 2023 it would be the first year since 2012 without at least 1 all-time high. $...

Charlie Bilello, Chief Market Strategist at CPI Wealth, pointed out that the famed 60/40 portfolio comprised of U.S. stocks and bonds is currently at a 14-month drawdown. "A 60/40 Portfolio of U.S. stocks/bonds is currently in a 14-month drawdown, 14% below its all-time high," Bilello tweeted. Also...

CPI Wealth Chief Market Strategist Charlie Bilello carried out an interesting poll — what would produce a higher return over the next year? A one-year U.S. Treasury Bill or the S&P 500 total returns with dividends? The one-year U.S. Treasury Bill currently yields over 5%, which...

The major averages closed uniformly higher on Monday, reversing from the previous week’s losses. The buying spree may partly be attributed to profit-taking as some of the stocks got cheaper after a near-term uptrend that topped out in late November. What Happened: In an unusual move, even as...

After October producer and consumer price inflation prints raised hopes of a let-up in inflationary pressure, the focus has shifted to other indicators that have implications for inflation. What Happened: Used car prices, as measured by the Manheim User Car Index, have now declined 14% year-over-...

It's been a rough year for stock investors, with the S&P 500 ETF Trust (NYSE: SPY) now down 14% year-to-date. One unconventional indicator with a 100% track record of success suggests investors should be buying the recent market dip. Contrarian Indicator: Charlie Bilello, founder and CEO of...

Investors reacted positively to a strong U.S. retail sales report on Tuesday, but there has been a historic divergence between consumer sentiment and consumer behavior. The Numbers: On Tuesday, the Commerce Department reported U.S. retail sales grew 1.7% in October, ahead of analyst estimates of 1....

Carnage for U.S. equities continued Thursday with the S&P 500 shedding more than 2 percent, a slide that brings the U.S. equity benchmark's one-week loss to nearly 6 percent. The sudden deterioration in U.S. stocks created a rare bearish technical condition, affecting some of the largest...