Daily Wrap – Bull Trap Conditions Are Coming Along
The stock market started the session on a mixed note. Initially, Treasury yields moved higher and stocks struggled near yesterday’s...
Daily Wrap – Stocks Up, Mega-Caps Out, Bitcoin and Gold Slammed Lower
Monday’s trade was a brief window of calm before things really pick up with economic data, several central bank policy...
Weekend Update: Bull Trap Setting Up?
I was going to put out a video this weekend. I spent most of Sunday outlining the key points to...
Afternoon Update – Bull Trap?
I’ve had a LOT of content this week so I’m just going to add a few notes and events coming...
Daily Wrap
Each night I find have so much information to share with you as things went from extremely dull a couple...
Daily Wrap – PHASE II Conditions Have Arrived
I’ve been putting in more than a few 16 hour days over the last week. Dull markets are often a...
Daily Wrap – The Big Picture Is Clearing Up
The key features of today’s trade include: No Short Squeeze in equities. That resulted in clear underperformance of the indices,...
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...