Daily Wrap – Averages At Price Resistance With Another Strong Day of Trade. CTAs Buy Tigger May Have Been Tripped
Since a notable positive divergence in 3C Monday across the board in all averages and most important sectors, the stock...
Daily Wrap – Another Barnburner Day For Stocks – Mega Caps Lead
Last week and Monday were characterized by the “Sell America” theme, whether that be Treasuries, Stocks or the U.S. Dollar,...
Daily Wrap – Nice Day Suggests More Upside To Come
3C did a remarkable job yesterday, posting one of those positive divergences like we haven’t seen in a while, that...
Daily Wrap
Index futures tumbled out of the gate Sunday as futures trade opened, led by a sell-of in the U.S. Dollar...
Afternoon Update
Most of the averages have held and/or confirmed their consolidations. SPX (10m) – I understand that investors don’t want...
Daily Wrap -Semis & Mega Caps Sell-Off, While Powell Disappoints
I thought we’d see a less crazy market this week. I was wrong. Nvidia was beaten up after filing an...
Daily Wrap – Nvidia Expects to Report a $5.5 Bln. Charge
Several positive and negative factors merged to leave us with a market that ended little changed. Positive responses to earnings...
Daily Wrap
Last week was clearly, “Sell the U.S.” with the Dollar, Treasuries and Stocks sold. Money has been moving toward areas...
Stock Market Forecast – Target Level Hit, But Financial System At RISK
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Daily Wrap – The Trump Put & Economic Isolation of China
It happened. Trump capitulated on tariffs, but only after nearly blowing up a $2 trillion dollar basis trade and numerous...
Daily Wrap
It was another very volatile session in the stock market. There was a strong rally right out of the gate,...
Daily Wrap – Measured Moves Met
The stock market exhibited extreme volatility on the first session of the week on heavy volume. The benchmark index swung...
Stock Market Video Update
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Daily Wrap – Game of Tariffs
“Everyone has a fight plan until they get punched in the face” – Mike Tyson Markets got punched in the...
Blanket and Reciprocal Tariffs
I’m not going to spend much time on the typical Daily Wrap tonight given the tariff announcement after the close...
Daily Wrap
The market moved lower out of the gate and selling increased in response to release of the ISM Manufacturing PMI....
Daily Wrap -Window Dressing
The first quarter ended today and it’s been a volatile ride so far. It was the worst first quarter performance...
Afternoon Update – Tariff Uncertainty/Flip-Flopping Take A Toll
On top of tariffs uncertainty heading into next week’s April 2nd deadline, inflation measured by the core-PCE Index, the Fed’s...
Daily Wrap
The market did what I’ve been looking for since early in the week and filled most of Monday’s gaps. Beyond...
Daily Wrap – Big Update, Looking For the Meatball
It has been an insane day for me, going on 15 hours. I’m dying for some food! I have to...