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Stock Market Daily Wrap

Yesterday’s market bounce was not that impressive, but it wasn’t expected to be. It was potentially the start of the whimper rally, the last phase of the short set-up seen developing last Thursday and Friday. Still, I’m almost surprised how weak the market is and was today. The S&P is down 5 of the last […]Read More »

Technical Analysis of the Stock Market (Video Update) : BOUNCE?

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Daily Market Wrap

Today was yet another volatile day that started with a choppy overnight session. NASDAQ futures were down 1% before the open, up +1.5% early in the cash session and ended lowe by -2.1%. It wasn’t just NASDAQ, the price volatility was market wide in what ended up being broad-based decline with a de-leveraging feel. Nothing […]Read More »

Stock Market Video Update

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Intraday Market Update

2:07 p.m. ET The averages have paused near session lows since the last update, but they haven’t been able to put any rebound together. Small Caps (-2.7%) and the Dow (-2.9%) are down the least, but Dow is still down 850 points. Then the S&P-500 at -3.5%, and NASDAQ worst -5%. They haven’t even really […]Read More »

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