Category: Daily Wrap

The stock market logged its fourth consecutive winning session in another lightly traded day, which is exactly what we should...

I hope you were able to catch this weekend’s video update, as the start of the new week’s trade fits...

Here’s the video update. I hope you find it insightful and useful....

The stock market had a strong day, supported by mega-caps, which were unleashed by a notable drop in Treasury yields,...

Stocks had a mixed showing in another lightly traded session. Early on in the session relative strength from the mega...

Somewhat strangely, the mega-caps provided substantial support to the NASDAQ-100 and S&P-500 despite not just higher yields, but new 10-year...

In last night’s Daily Wrap I wrote, “All of the major averages ended the day at session lows, which is...

Today started out on a downbeat note after more signs of economic weakness out of China. This time home prices...

I’ve got some good stuff for you tonight so make sure you read the Summary section toward the bottom of...

The major averages had a mixed day. In pre-market the Mega-caps (excluding Tesla) were providing support and lifting index futures...

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Index futures were up overnight and gained more in pre-market after the dovish July Consumer Price Index and weekly jobless...

Index futures drifted modestly higher overnight as Italian authorities watered down their bank-tax threats, but index futures started coming down...

Today’s trade had a negative bias following yesterday’s low conviction (consolidation-like) gains. In the overnight section of yesterday’s Daily Wrap...

After the worst week since Mach for the S&P-500 and NASDAQ-100, and 1-day oversold internals, the new week starts with...

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The Bank of Japan intervention overnight (buying unlimited JGB’s after the 10y JGB rose to 0.65%), plus services surveys and...