Daily Wrap – Another ABI Signal
It was another lackluster day in the stock market, evidenced by lower than normal volume. The morning started out with...
Daily Wrap – Another ABI Close Below 14
The post-July 4th weekend session was fluid with changes in sector and style factor preferences throughout the session and some...
Afternoon Update
It’s a mixed day, the S&P up about a half percent, NASDAQ-100 up +1%, but the DJIA just +0.2%,...
Afternoon Update – Volatility Starting To Act Up
The equity market closed at 1:00 p.m. ET . The Treasury market closed at 2:00 p.m. ET. Markets are closed...
Daily Wrap – Another ABI Signal
The stock market ended the session on an upbeat note. The major indices all closed near their highs of the...
Daily Wrap
Today was a dullish day at the index level. Mega-caps saw early weakness with Nvidia, but recovered with Nvidia to...
Afternoon Update
The last day of the second quarter started with a bit of a bang but ultimately ended with a whimper....
Daily Wrap – ABI Closes Below 14
Today was another fairly lackluster session in the stock market. Pre-market did get off to a decent start in retracing...
Daily Wrap
There was an underlying negative bias driving today’s trade with decliners outpacing advances, and 9 of 11 S&P sectors trading...
Daily Wrap
Yesterday we saw an attempt to rotate into beaten down and unloved Value stocks just several days before the end...
Daily Wrap
This is the final trading week of the month, the quarter and H1 (the first half of the year). I’ve...
Daily Wrap – Bad Data, Bad For Big Tech
This morning’s pre-market economic data was bad, from Housing data, to Initial Jobless Claims and the Philly Fed. The Bloomberg...
Afternoon Update – Reflating?
Today was a bit dull, presumably due to tomorrow’s holiday, but the major averages all managed small gains. Dow Transports...
Daily Wrap
Today’s trade in stocks was somewhat mixed despite a solid showing at the index-level. Gold pulled back fairly sharply and...
Daily Wrap
The equity market saw 2-way action today, despite a cooler than expected Producer Price Index and surging Initial Jobless Claims,...
Daily Wrap
You might have noticed I didn’t post as much as usual today. I’ve had a 103f-104f fever most of the...
Daily Wrap – CPI & FOMC On Deck
Like yesterday, the market started out on the weaker side and improved modestly as the day went on. A big...
Early Update
12:15 p.m. ET The stock market opened to broad based selling activity. Decliners opened with a better than 4-to-1 lead...
Daily Wrap
The stock market started the new week with losses, but ended the session with gains. Moves in both directions were...
Daily Wrap – The Most Important Payrolls Report Ever?
One day after the Nvidia-led rally, the major averages barely moved today with the S&P closing essentially unchanged (-0.02%) ahead...