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  S&P 500 Flattens on Report of Waller as Trump's Preferred Fed Chair Pick Key Takeaways Key Point Details Market Impact S&P 500 trimmed early gains Thursday amid Fed independence concerns Leading Candidate Christopher Waller's odds surged to 51% on prediction markets Policy Stance Waller recently dissented, voting for 25bp rate cut Timeline Fed chair selection expected before Powell's term ends in May 2026 Eliminated Candidates Treasury Secretary Scott Bessent no longer under consideration Market Reaction: S&P 500 Loses Steam on Fed Chair Speculation The S&P 500 gave up its morning gains Thursday after reports surfaced that Christopher Waller emerged as Trump's top pick for Federal Reserve chair. Markets don't like uncertainty, and this news created exactly that kind of worry among investors. I've seen this pattern before during my years watching Fed transitions. The market initially celebrates any clarity on leadership picks, then qui...

Key Takeaways Kohl’s stock surged 38% in a single day, peaking at 105% intraday, triggering a NYSE trading halt. Opendoor  skyrocketed 300% over six sessions before a 10% correction . Both stocks share critical weaknesses: Kohl’s faces declining sales and CEO turmoil, while  Opendoor  has never turned an annual profit . 49% of Kohl’s available shares are shorted, fueling a potential short squeeze as retail traders swarm. Analysts label this a “mini-bubble,” warning it signals excessive market froth . The Halts and the Howling The New York Stock Exchange froze Kohl’s stock at 9:42 AM. Shares had just doubled, $21.39 from $10.70, on zero news. Zero earnings. Zero hope. Trading desks blinked. Floor veterans coughed into stale coffee.  Kohl’s  hadn’t touched $20 since August 2024 . By close, it settled at $14.34. A 37% gain. Enough to incinerate $260 million from short sellers in hours . Volume hit 184 million shares. Twenty-five times the norm . Kohl’s Rotting Core...

Key Takeaways Bezos sold $737M in Amazon stock  in late June, his first major sale of 2025 3.3 million shares  were sold under a prearranged 10b5-1 trading plan adopted in March He retains  ~905 million Amazon shares  post-sale, maintaining his position as largest shareholder The sale coincided with his  Venice wedding to Lauren Sanchez Bezos can sell  up to 25 million shares  through May 2026 under this trading plan Breaking Down Jeff Bezos' $737 Million Amazon Stock Sale So Jeff Bezos just sold a bunch of Amazon shares, right? Like $737 million worth. That’s not exactly pocket change even for the world’s fourth-richest person. According to regulatory filings, this happened in late June - he offloaded 3.3 million shares . That brings his total ownership down to about 905 million shares, which still leaves him as Amazon’s biggest single shareholder by a long shot . This wasn’t some spur-of-the-moment decision though. Bezos actually set this up back in ...