Daily Wrap – Constructive Consolidation, But An Indicator Is Screaming, “Recession Ahead.” Also Big News on the Trade Front.
Stocks opened lower, then came of the lows when Treasury Secretary Scott Bessent said the US is negotiating with 17...
Daily Wrap – Short Term & Long Term Outlooks
The S&P finally did it, a -0.63% loss broke the 9 consecutive day win streak. And it did it at...
Daily Wrap – A Key Pivot & A Surprise Tonight
The market gapped higher at the open. The positive bias was driven by ongoing large-cap Tech momentum following a huge...
Daily Wrap – More To Go…
Let’s take a moment to consider that the S&P and Nasdaq-100 entered financial media-defined bear markets in April. In both...
Daily Wrap
The stock market exhibited choppy action in the early going, but finished on a high note, very similar to yesterday’s...
Stock Market Forecast – Following Smart Money’s Footsteps
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Daily Wrap – Averages At Price Resistance With Another Strong Day of Trade. CTAs Buy Tigger May Have Been Tripped
Since a notable positive divergence in 3C Monday across the board in all averages and most important sectors, the stock...
Daily Wrap – Another Barnburner Day For Stocks – Mega Caps Lead
Last week and Monday were characterized by the “Sell America” theme, whether that be Treasuries, Stocks or the U.S. Dollar,...
Daily Wrap – Nice Day Suggests More Upside To Come
3C did a remarkable job yesterday, posting one of those positive divergences like we haven’t seen in a while, that...
Daily Wrap
Index futures tumbled out of the gate Sunday as futures trade opened, led by a sell-of in the U.S. Dollar...
Afternoon Update
Most of the averages have held and/or confirmed their consolidations. SPX (10m) – I understand that investors don’t want...
Daily Wrap -Semis & Mega Caps Sell-Off, While Powell Disappoints
I thought we’d see a less crazy market this week. I was wrong. Nvidia was beaten up after filing an...
Daily Wrap – Nvidia Expects to Report a $5.5 Bln. Charge
Several positive and negative factors merged to leave us with a market that ended little changed. Positive responses to earnings...
Daily Wrap
Last week was clearly, “Sell the U.S.” with the Dollar, Treasuries and Stocks sold. Money has been moving toward areas...
Stock Market Forecast – Target Level Hit, But Financial System At RISK
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Daily Wrap – The Trump Put & Economic Isolation of China
It happened. Trump capitulated on tariffs, but only after nearly blowing up a $2 trillion dollar basis trade and numerous...
Daily Wrap
It was another very volatile session in the stock market. There was a strong rally right out of the gate,...
Daily Wrap – Measured Moves Met
The stock market exhibited extreme volatility on the first session of the week on heavy volume. The benchmark index swung...
Stock Market Video Update
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Daily Wrap – Game of Tariffs
“Everyone has a fight plan until they get punched in the face” – Mike Tyson Markets got punched in the...