Daily Wrap – Q3 Rotation
The major averages traded modestly higher although mixed. Today was a little bit of a correction of yesterday’s very intense...
Daily Wrap – Quarter Starts With Rotation
Today was the first trading day of the third quarter and suspicions related to window dressing and rotation at the...
Daily Wrap – Something Stood Out
The S&P 500 and Nasdaq extended record highs set on Friday. Most of the day was a dull affair with...
Daily Wrap – Growthy Feel
There was evidence in today’s trade consistent with more quarter end window dressing activity, but there was an additional takeaway...
Daily Wrap – Whiffs of Quarter End Deception Are In the Air
The S&P 500 started today’s session -0.9% short of its all-time high, and that’s where it ended the session– flat...
Markets Ride the Relief Rally Wave Post-Ceasefire
The Middle-East ceasefire spawned a broad-based relief rally. In the summary section of yesterday’s Daily Wrap – Ceasefire? I wrote, “I...
Daily Wrap – CeaseFire?
The stock market saw some roller-coaster action today that followed developments related to the Middle East conflict. I’m not going...
Daily Wrap
Sorry this post is so late, but the market is closed tomorrow and I have some things to share that...
Daily Wrap – Uncertainty Is Prodded Again
Today’s trade started out as very low conviction corrective listlessness. That’s consistent with the one day overbought internals we were...
Daily Wrap – A Diferent Day, But The Same Story
To summarize the day, let’s look at an excerpt from last Wednesday’s Daily Wrap – Catching the Scent “As geopolitical...
Daily Wrap – Futures Reel as Israel Strikes Iran: Navigating the Geopolitical Storm
*** I wrote most of this post as of closing data but as I’ve been writing Israel has launched an...
Daily Wrap – Catching the Scent
Headline CPI on a month-over-month basis was cooler than expected and that was good news for the market. The year-over-year...
Daily Wrap – Trade Talks End With… Well, Not Much
The market continues to hope for a positive outcome of trade talks between officials from the U.S. and China. We...
Daily Wrap
The Monday session started with some guarded optimism surrounding trade talks between officials from U.S. and China. The market is...

Daily Wrap – Billionaires Brawl, Tesla Tanks & We Reach Our Target
My call yesterday was, “the S&P is near the top of my anticipated range, but the price action in the...
Daily Wrap
I’d characterize today’s session as churning right at S&P futures $6000, marred by some disappointing economic data and an acknowledgment...
Daily Wrap
Small-cap stocks and semiconductor issues led today’s gains, with backing support from mega caps. There was a bit of a...
Daily Wrap – Unremarkable Equity Action, But Interesting Action in the Dollar, Gold, Rates and Crude
Tariff angst is starting to rear its head again. While it may not have appeared that way from equities by...
Daily Wrap – Nvidia Didn’t Provide a Spark
NVIDIA (NVDA 139.18, +4.37, +3.2%) was set to be the fulcrum for the stock market today after it delivered impressive...
Daily Wrap – Dull Day Ends with a Bang and It Wasn’t Nvidia’s Earnings.
Yesterday’s knee-jerk reaction to weekend tariff news (EU) posted impressive gains, but there was no follow-through on that effort today...