Daily Wrap
Today’s market activity was relatively subdued after yesterday’s. We did see some signs of weaker tone this afternoon (see the...
Daily Wrap – Crypto Breaking Out
Last night’s relative performance in Index futures gave a hint as to today’s market performance. Nasdaq-100 and the Dow had...
Daily Wrap – Geopolitical Tensions Blamed For a Lackluster Day in Markets… I Don’t Know About That.
There wasn’t a lot of conviction in the market today. Upside moves were driven largely by mega cap gains this...
Daily Wrap
At the sector and averages’ headline level, today was mixed with more than half of averages closing lower and a...
Afternoon Update
That just about concludes the holiday shortened week and the month of November. Dealer gamma profiles should allow for prices...
Daily Wrap – Month End Poses Some Important Questions, As Well As Hints To The Answers
Today’s trade was somewhat mixed with low volume and liquidity in front of tomorrow’s Thanksgiving holiday. Small Caps and Value...
Daily Wrap – PCE On Deck
I’m going to keep tonight on the shorter side. One of the biggest lessons I’ve learned with indicators is not...
Daily Wrap – Rotation With a Twist
Given the lack of immediate 3C (and other signals) y the close on Friday, it made sense that Thursday/Friday’s rotation...
Afternoon Update/Daily Wrap
This post was meant to be the final Friday Afternoon Update, but bled into an abbreviated Daily Wrap as well....
Daily Wrap – Nvidia’s Poor Response To Earnings Sparks Some Rotation To Cyclicals, Value, Small Caps and the DJIA.
Another day, another escalation in the Ukraine/Russia war. Earlier Ukraine claimed that Russia launched an ICBM into Ukraine, but with...
Daily Wrap – Nvidia and Geopolitical Tensions Flare Again
We know that with the light macroeconomic week, Nvidia is the week’s fulcrum event. What we didn’t know (although perhaps...
Daily Wrap – Geopolitical Turmoil Twists and Turns & the Market Goes Back to Focusing on Nvidia Earnings
There’s a little of everything in today’s mix. First, Ukraine got the most attention after getting the go-ahead from Washington...
Daily Wrap – Consolidation, But Not Complacency
Beyond the initial election knee-jerk reaction, we’re starting to see the enthusiasm cool and investors starting to ask more questions...
Afternoon Update
Nothing much has changed from this morning, except the rate of change of decline slowed while making lower lows. Unless...
Daily Wrap – Powell Throws Cold Water on the Market’s Enthusiasm
While PPI came in pretty much at consensus, a deeper dive revealed that the last mile is often the hardest...
Daily Wrap: Knee-Jerk Reaction Facing Consolidation
It took a little more time than usual this morning to see what the impact of CPI was. I didn’t...
Daily Wrap
While there could be some factors that I think are too early to call (such as recent weaker 3C charts),...
Daily Wrap – Be Sure To Read The Summary Section
***Quick note – I hope you can make it through the entire post as there are tidbits scattered throughout that...
Daily Wrap – Hawkish Rate Cut
The election is such a key event and should drive rotation among the big boys, but most of the moves...
