Category: Daily Wrap

Considering the H&S tops into the end of the 3rd quarter, some of today’s weakness may very well be attributed...

This week is the final week of September, and of Q3. If you didn’t already know, it’s common to see...

As always, it’s a fast moving market when the levels that are key are just a tenth of a percent...

When forecasting the market, I endeavor to build a case, not point out something obvious after it’s already happened. Building...

This morning we saw the modest lift in stock prices that I refer to as the “FOMC Drift” with a...

The major indices ended the day in negative territory, but closed well off their lows of the day, driven by...

Today was a LOW Conviction waiting game ahead of the Fed. It was most certainly one of the dullest days...

This video was out at 6 a.m., but in case you didn’t et a YouTube notification, or you’ve just been...

As the market sits at the time of this writing, it’s an ugly day, but not suspiring given bear flags...

The stock market had the strongest showing today of the entire week, just a day before the big quarterly triple...

As I wrote yesterday, if CPI comes in surprising, it’s going to be market moving. August CPI showed that core...

Today was a sort of flip-flop of yesterday. Rather than modest gains, the market saw modest losses except NASDAQ-100 which...

Today went as expected, the bear flags broadened out and produced mostly modest gains. A handful of mega-caps stocks supported...

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For the second day in a row, Apple (-2.9%) was one of the biggest drivers of the broader market as...

Today’s trade started on a mixed note. Early on we got the exact scenario suspected last night with Small Caps...

This holiday-shortened week got started on the weaker side. As noted in the A.M. Update, “I’m not sure if this...

We came in to this week looking for a rally/rebound off necklines in all 4 major averages. We got those...