A.M. Update
S&P futures are flattish. The market is still treading water in front of NVIDIA’s (NVDA) earnings after today’s close and...
A.M. Update
S&P futures are down -0.35%, The market still lacks major directional drivers ahead of NVIDIA’s (NVDA) earnings report tomorrow afternoon....
A.M. Update – Oil Pushing Higher
S&P futures are up +0.15% and aren’t trading with much conviction. That may be in part because WTI Crude Oil...
A.M. Update
S&P futures are up +0.6% ahead of Powell’s speech at 10 a.m. ET. In central bank related news,Ā European Central Bank...
A.M. Update
S&P futures are up +0.2%. Part of the positive bias in early action is being driven by the newly emerging...
A.M. Update
S&P futures are +0.15% higher. Earnings results from Target (TGT) and TJX (TJX) saw upbeat responses, contributing to the upside...
A.M. Update
S&P futures remain flat after yesterday’s 1-ay overbought internals. Home improvement retailer Lowe’s cut its sales and earnings forecast, blaming...
A.M. Update – Dollar Yen Shaky
S&P futures are up shy of +0.1%. Russell 2000 futures are flat. Earnings reporting picks up steam in the retail,...
A.M. Update
S&P futures are down -0.4% and Treasury yields are lower. I suppose those 3C divergences last night were meaningful. Maybe...
A.M. Update – Retail Sales Beat Big
I’m just headed out the door for a doctor’s appointment. I’ll be bac soon, but I wanted to get the...
A.M. Update – CPI as Expected
S&PĀ futures are little changed at +0.1%. Total CPI increased 0.2% in July (consensus 0.2%) following a 0.1% decline in...
A.M. Update
S&P futures are up +0.65% this morning following a cool PPI. Dow futures (+0.25%) trail somewhat due to a pre-open...
A.M. Update
S&P futuresĀ are up +0.25% as the Yen has slid lower (USD/JPY +0.7%) to start the new week. This week’s calendar...
A.M. Update – 1-Day Overbought Internals
S&P futures are down -0.3%, fading an earlier gain of +0.5%, andĀ Nasdaq-100 down -0.45%. Yesterday’s internals were 1-day overbought....
A.M. Update
S&P futures rebounded off overnight lows and are +0.8%. Initial Claims gave the market some relief from economic growth concerns...
A.M. Update – Carry Trade Re-wind
S&P futures are up +1.1%. The reason? In the Summary section of Monday’s Daily Wrap I wrote, “In my opinion...
A.M. Update
S&P 500 futures are up +0.4%, having given up some of overnight gains. Overseas, Japan’s Nikkei surged +10.2% following its...
A.M. Update
The global sell off that began late last week on fears about US economic growth has continued. S&P futures are...
A.M. Update – Recession Fears Spike With Recession Signal
Isn’t it strange thing to see just how fast sentiment, even sentiment around something like a recession, can change. The...
A.M. Update
S&P futures are up +0.5% and look somewhat shaky from overnight trade. NASDAQ futuresĀ are up +0.4% and have lost their...