Daily Wrap – There Are A Lot of Contrarian Extremes Building Up
Bifurcated! I don’t get to use that word a lot. Another word I’ll throw out there, “Euphoric.” Macroeconomic data was...
Daily Wrap – A Hiding Spot?
I have a lot for you again tonight. I’ve always said that “Dull markets cause me the most work”. I...
Daily Wrap – IMPORTANT POST
My apologies for the late hour of this post. I have been working pretty much non-stop since the close. There’s...
Important Post Coming
I am still working on tonight’s Daily Wrap. I think it’s an important one and there’s a lot to cover....
Daily Wrap
First, God Bless Charlie Munger. He passed peacefully today at 99 years old. I love the common sense of this...
Daily Wrap
Talk about a dull day in the market! It felt the same as Friday’s half day on this Cyber Monday,...
Afternoon Update
This is going to be my last post of the day so I can do last minute shopping for Thanksgiving....
Daily Wrap
From a price-percentage change for the major averages, today was uneventful. It could slip under the radar as just a...
Daily Wrap
Heading into a holiday shortened week and favorable seasonal factors, today’s advance left the major indices near session highs at...
Afternoon Update
The major indices have seen some up and down price action, but have stuck to tight trading ranges to this...
Daily Wrap
Lower yields did not benefit stocks today as has been the norm, but did benefit gold. Yields today, basically retraced...
Daily Wrap
The averages closed green, but most up less than a quarter of a percent. Generally speaking, today’s 8:30 a.m. economic...
Daily Wrap
The major indices all closed with sizable gains, ending near their highs of the day on heavier than average volume,...
Daily Wrap
The stock market opened to modest losses following Friday’s rally, but rates and the Dollar came off morning highs and...
Afternoon Update – Actionable Signals Finally Developing
We may be starting to get those actionable reversal signals, although not so much from a rise in bonds, but...
Daily Wrap – Did Powell Pop The Bubble? There’s A Good Chance He Did
Today’s trade was similar to that of recent sessions in the early going, and similar what 3C has been forecasting...
Daily Wrap – Averages Are Missing An Opportunity
***My mother was just admitted to the hospital so I’m going to keep tonight’s post on the brief side. If...
Daily Wrap – Benefit of the Doubt, But…
Like yesterday, relative strength in the mega cap stocks amid a decline in market rates, propelled the major indices to...
Daily Wrap – The Dash for Trash
***Since there was no weekend video, except Friday which I’d encourage you to watch as it’s only 90 seconds and a...