Category: Daily Wrap

Today was a dullish day led by defensive sectors that looked like it was on track for consolidation day. I...

We have a few interesting market dynamics. First, if it wasn’t already clear, the market is in a very optimistic,...

I’ve said quite a few times over recent weeks that someone with some deep pockets and well connected, knew something...

Well, there it is… the definitive breakout from last week’s bull flag, heading toward $5900. This is pretty much textbook...

Here are some key excerpts from last Friday’s Afternoon Update, talking  about what we “should see this week” based on...

I’ll try to keep tonight relatively brief because things going as expected, at least from the short term outlook, and...

Stocks opened lower, then came of the lows when Treasury Secretary Scott Bessent said the US is negotiating with 17...

The S&P finally did it, a -0.63% loss broke the 9 consecutive day win streak. And it did it at...

The market gapped higher at the open. The positive bias was driven by ongoing large-cap Tech momentum following a huge...

Let’s take a moment to consider that the S&P and Nasdaq-100 entered financial media-defined bear markets in April. In both...

The stock market exhibited choppy action in the early going, but finished on a high note, very similar to yesterday’s...

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Since a notable positive divergence in 3C Monday across the board in all averages and most important sectors, the stock...

Last week and Monday were characterized by the “Sell America” theme, whether that be Treasuries, Stocks or the U.S. Dollar,...

3C did a remarkable job yesterday, posting one of those positive divergences like we haven’t seen in a while, that...

Index futures tumbled out of the gate Sunday as futures trade opened, led by a sell-of in the U.S. Dollar...

  Most of the averages have held and/or confirmed their consolidations. SPX (10m) – I understand that investors don’t want...

I thought we’d see a less crazy market this week. I was wrong. Nvidia was beaten up after filing an...

Several positive and negative factors merged to leave us with a market that ended little changed. Positive responses to earnings...

Last week was clearly, “Sell the U.S.” with the Dollar, Treasuries and Stocks sold. Money has been moving toward areas...