Nicholas Colas

The rise in popularity of Bitcoin (CRYPTO: BTC) and other cryptocurrencies has put pressure on the U.S. Federal Reserve and other central banks around the world to create their own central bank digital currencies, or CBDCs. The transition of money to the digital world may not be an easy one for...

Social media meme stocks GameStop Corp. (NYSE: GME) and AMC Entertainment Holdings Inc (NYSE: AMC) took a beating this week, with GameStop on track to finish the week down 9% and AMC set to lose 20.9% in Friday afternoon trading. DataTrek Research co-founder Nicholas Colas said this week there...

Despite historically low-interest rates weighing on bank earnings, the Financial Select Sector SPDR Fund (NYSE: XLF) is up 27.5% in 2021, more than double the return of the SPDR S&P 500 ETF Trust (NYSE: SPY). Earnings Expectations: On Thursday, DataTrek Research co-founder Nicholas Colas said...

For years, Tesla Inc (NASDAQ: TSLA) was the top electric vehicle investment to own in the market, generating huge returns and leaving legacy auto stocks in the dust. Yet DataTrek Research co-founder Nicholas Colas said Tuesday that there has been a clear shift in investor sentiment toward Tesla...

The price of Bitcoin (CRYPTO: $BTC) traded back up to above $38,000 on Tuesday, but it remains down more than 41% from its all-time high of $64,789 in April. Bitcoin bulls are urging investors to buy the dip in the popular cryptocurrency, but DataTrek Research co-founder Nicholas Colas said Tuesday...

Back in February, DataTrek Research co-founder Nicholas Colas examined Tesla Inc (NASDAQ: TSLA) CEO Elon Musk’s decision to invest $1.5 billion of Tesla’s cash in Bitcoin (CRYPTO: BTC). This week, Colas revisited Tesla’s current situation and said the stock may be “stuck...

The SPDR S&P 500 ETF Trust (NYSE: SPY) once again traded higher to new all-time highs on Thursday as optimism surrounding a sharp economic rebound in 2021 continues to grow. At first glance, the vaccine rollout, unprecedented government stimulus and the possibility of pent-up economic demand...

The SPDR S&P 500 ETF Trust (NYSE: SPY) has been red-hot in the past year, and alternative energy stocks have been among the top performers. DataTrek Research co-founder Nicholas Colas said Thursday investors shouldn’t be too quick to write off oil, and there’s evidence to suggest...

When you buy $1,000 of a company’s stock in your Robinhood account, how much of that cash goes directly to help fund the company and its business operations? The answer is $0. Where Your Cash Goes: The issue of buying shares of stock to help “save” struggling companies like...

Tesla Inc (NASDAQ: TSLA) continued its recovery off of Tuesday morning’s lows, but the stock remains down about 14.8% since it announced the company purchased $1.5 billion of Bitcoin (CRYPTO:BTC) on Feb. 8. Some traders are now concerned that Bitcoin prices are primarily dictating the...

The SPDR S&P 500 ETF Trust (NYSE: SPY) is down 2.1% in the past five days. One of the issues creating volatility in the markets is the potential inflationary impact of the unprecedented Federal Reserve stimulus measures on the value of the dollar and the possibility that the Fed will need to...

Tesla Inc (NASDAQ: TSLA) made some big headlines earlier this month when the company announced it invested $1.5 billion in Bitcoin. On Thursday, DataTrek Research co-founder Nicholas Colas said the Bitcoin price investment might not be good news for Tesla investors. Colas examined Elon...

The trading action in the SPDR S&P 500 ETF Trust (NYSE: SPY) since the March lows has been surprising to many investors. But according to DataTrek Research co-founder Nicholas Colas, the stock market has nearly perfectly tracked expectations based on his 2009 playbook. Throughout 2020,...

Economist Robert Shiller By at least one popular investing metric, U.S. stocks have only been this expensive one other time in history, and it didn’t end well the first time around. According to the cyclically adjusted price-to-earnings ratio — a measure of market value based on 10...

One of the biggest questions for investors going into 2021 is whether the markets are in another tech bubble similar to the dot-com bubble back in 2000. On Tuesday, DataTrek Research co-founder Nicholas Colas said there are plenty of similarities between the tech sector in 1999 and the tech sector...