Daily Wrap – Reflation
First off, thanks for your patience, understanding and thanks for the well wishes. Since Saturday morning I think I’ve had...
Afternoon Update – Not a Pretty Week For Stocks, But Great For Gold, Oil and Yields.
Circling back to the March Jobs report which came in with a solid 4-sigma beat — Full-time jobs actually saw...
Daily Wrap – Geopolitical Events and Crude Oil Gains Spark Intraday Sell-Off
After Tuesday’s gap down open I outlined 2 probabilities and two expectations that are a big part of listening to...
Daily Wrap
Broadly speaking, today’s trade featured mostly positive price action after a soft start to the day. Buying activity picked up...
Daily Wrap – Failed Breakouts
There were no changes in rate cut expectations following this morning’s data, which suggests, as posted in the A.M. Update,...
Daily Wrap
We’re 1-day into Q2 and inflation was the dominant theme today. The February Personal Spending and Income report, released Friday...
Afternoon Update
First, summing up the day as a lack of conviction is an overstatement. Of course we are heading into an...
Daily Wrap
Today was a little different than yesterday. The theme of quarter end dynamics was still front and center, just at...
Daily Wrap – Late Day Sell Programs
There weren’t any major tier 1 economic data points today, but what economic data we did get was mixed. “Soft”,...
Daily Wrap
Today was a quiet day with the highlight being not-so-great New Homes Sales and a weaker than hoped, Dallas Fed...
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Update on TheTechnicalTake.net… The final step in the process s exporting all member data from usernames, emails, Paypal subscriber ID’s,...
Afternoon Update (And Daily Wrap)
***A quick message. It’s rare for me to miss a Daily Wrap, but tonight there will be no DW post....
Intraday Update – QQQ & Apple
2:50 p.m. ET ***First a quick message. It’s rare for me to miss a Daily Wrap, but tonight there will...
Daily Wrap – FOMC
The stock market finished strong today, leaving some major indices at fresh record highs. The S&P 500 closed above 5,200...
Daily Wrap – FOMC Eve
I mentioned I read a note from Goldman Sachs earlier this week in which they felt that Nvidia’s big reveal...
Daily Wrap
The stock market had its best moments in the first hour of trading, and then it faded from those best...
Afternoon Update -Second Week of Leadership Cracking Into the Fed and Quarter’s End
It’s been a week! It’s been a chaotic week. We’re seeing the volatile chop in price. As suspected earlier, the...
Daily Wrap – An Important Narrative Shift Is Unfolding
Index futures gained a bit overnight, but weak macro-data spoiled it. The Producer Price Index came in hotter than expected....
Daily Wrap – Flip…Flop
The stock market had a mixed showing . Today was a complete flip-flop of yesterday’s dynamics when just about everything,...
Daily Wrap – Hot Or Not?
This morning’s CPI report was front and center. February CPI was up 3.2% from a year earlier, and core prices...