Daily Wrap
The major indices all closed with sizable gains, ending near their highs of the day on heavier than average volume,...
Daily Wrap
The stock market opened to modest losses following Friday’s rally, but rates and the Dollar came off morning highs and...
Afternoon Update – Actionable Signals Finally Developing
We may be starting to get those actionable reversal signals, although not so much from a rise in bonds, but...
Daily Wrap – Did Powell Pop The Bubble? There’s A Good Chance He Did
Today’s trade was similar to that of recent sessions in the early going, and similar what 3C has been forecasting...
Daily Wrap – Averages Are Missing An Opportunity
***My mother was just admitted to the hospital so I’m going to keep tonight’s post on the brief side. If...
Daily Wrap – Benefit of the Doubt, But…
Like yesterday, relative strength in the mega cap stocks amid a decline in market rates, propelled the major indices to...
Daily Wrap – The Dash for Trash
***Since there was no weekend video, except Friday which I’d encourage you to watch as it’s only 90 seconds and a...
Afternoon Update
This is going to be a quickie as there’s a lot to take in and some significant changes in character...
Daily Wrap
November is off to a banging start. Recall that Mutual Funds, with some $1.8 trn in assets under management, were...
Daily Wrap
Apologies for the late hour, but I’ve been working on this since the close. Lots of charts to get familiar...
Daily Wrap – Happy Halloween, But Don’t Miss This Update
The major averages all began today’s cash session with mixed price action, oscillating around yesterday’s closing levels. However, it was...
Daily Wrap
The major indices closed near their best levels of the day with gains ranging from 0.6% to 1.6%. The market...
Afternoon Update
I was hoping to get this post out before the close, but some things just took some time, and there...
Daily Wrap – More Serious Cracks In Mega Caps
I have a lot for you tonight. I just want to say in advance, not to get a near term...
Daily Wrap – The Market Generals Are Cracking
As for downside catalysts today, there were plenty. From a horrible reaction to market general, Alphabet’s earnings, to yields rising,...
Daly Wrap
After 5 consecutive days of losses for the benchmark index, the S&P-500 posted a modest gain today to close just...
Daily Wrap
I’m not going to repeat what I wrote Friday and this afternoon about what I expected coming into this week,...
Afternoon Update
Ugly close at session lows to end and ugly week… On the week – SP-500 2.4%, Dow -1.6%, NASDAQ-100 -2.9%,...
Daily Wrap -Middle East Events Send Stocks Lower, But Long Term Yields Are the Real Risk
Today’s early price action was choppy, between mixed earnings results, volatile moves in yields, and Fed chair Powell’s commentary, but...