WTI Rockets 10% on Hormuz Chaos – Stocks Lower, Tech Shows Relative Strength
Stocks closed mostly lower, weighed down by a sharp surge in oil prices that pressured the broader market. After yesterday’s...
Mega Caps & Bitcoin Lead Rebound
In many ways today’s equity market action was the mirror opposite of yesterday, whether the direction, the major averages’ performance,...
Equity Investors Get the Memo: Interesting Change in Character and Another ABI Signal
Monday equity investors brushed off the weekend war with Iran: Stocks Shrug; Why This “Tempest in a Teapot” Could Turn...
Stocks Shrug; Why This “Tempest in a Teapot” Could Turn Ugly for Credit & Stocks
March kicked off on an eventful note. In truth, 2026 feels increasingly chaotic. I know that’s somewhat subjective. I’m aware...
AI Winners Dumped, AI Losers Bid, Credit Warns & H&S Tops Signal Trouble Ahead
The market went “The other way” and sold the news. Nvidia blew away earnings, yet traded -5.45% lower. Software stocks...
Narrow Leadership Rally: Mega-Caps Backtest H&S Necklines as Rare ABI Signals Cluster
Technology leadership led to a solid session for the indices ahead key earnings after the bell, though the breadth of...
Technical Oversold Bounce: Software Rebounds, Anthropic Pitch Falls Flat, Big Picture Unchanged
Monday’s internals didn’t reach the 1-day oversold threshold, but the psychology of the market (manic, sell-first and ask questions later)...
AI Wrecking Ball + Tariff Turmoil: Broad Selling, Defensive Rotation, Nvidia on Deck
Uncertainty and selling was a broad-based theme coming into the new week (Tariffs, Geopolitics-both Iran and now Mexico and AI...
Short & Sweet Tonight: Mom’s Homecoming, Dull Markets, and Mounting Mega-Cap Warning Signs
Tonight’s post is going to be abbreviated and in an informal format. I didn’t expect my Mom’s remains were coming...
Staying On the Ball Part 2: Mega-Cap Distribution Defines the Bigger AI-Era Shift
Stocks had a solid session today, though they finished off their session highs this afternoon. The gist of the FOMC...
Stay on the Ball: Mega-Cap Distribution (Not Daily Headlines) Defines the Bigger AI-Era Shift
After an extended 3-day weekend, the morning equity action picked up where detiorating 3C charts left off Friday resulting in a...
Afternoon Update
This is my final post for today. I have an appointment later to handle the administrative aspects of my mother’s...
Defensive Bias Amid More AI-Disruption Anxiety
Early modest gains reversed sharply into losses as the dead cat bounce in software and mega-cap stocks fizzled out. Investor...
Daily Wrap – AI Anxiety Making Rounds Across Multiple Sectors
Stocks opened higher out of the gate in response to the January Employment Situation Report showing a solid increase in...
Loss of Market Momentum, Mega-Cap Weakness, USD/JPY Nearing Worrisome Carry Trade Unwind Levels
The rebound effort off last Thursday’s low started to stall Tuesday. Early strength in the broader market succumbed to some...
Monday’s Muted Follow-Through: Tech Rebound Leads Nasdaq Higher. Japan’s Election Puts The Carry Trade Back On The Radar
The gist of the day was a continuation of Friday’s oversold bounce, pretty much as expected headed into the weekend...
AI Disruption Hits Hard: Software Bear Market, Mega-Cap Tops, and Credit Cracks
The week began with a classic relief/oversold bounce (Monday) driven by strong manufacturing data, but quickly gave way to intense,...
Broadening Pain: Ugly Session Sees Selling Spread to Cyclicals, Defensives & Small Caps Amid Labor Market Warning Signs
Another ugly session, though unlike other sessions this week, selling broadened out to cyclicals and defensive sectors, with Small Caps...
Tech Selloff Deepens: Software in Bear Mode
The stock market had another rough day with the Technology pacing losses. Investors are increasingly worried that fast-improving AI tools...
Daily Wrap
I’m headed back to the hospital as they just removed my mom’s intubation tube, and this is a critical moment,...
