Category: Daily Wrap

The most interesting aspect of the market’s reaction last night (election night) was shortly after the first polls closed on...

I’m not going to waste your time tonight trying to make more of the market than what it was. It...

Mega Caps and chipmakers had an outsized impact today following Meta Platforms and Microsoft earnings. Sharply rising market rates this...

After Alphabet’s (GOOG +2.9%) earnings after the bell yesterday, you might have expected a strong day in the Nasdaq-100. It didn’t...

This heatmap of the S&P mostly encapsulates the day… There’s a lot of green, but that’s all the heavily weighted...

Israel launched its much anticipated retaliation against Iran over the weekend and as far as I can tell, it was...

Market rates have increased from pre-market from down 2 bp to now Up +4bp. Buying activity in the equity market...

This hasn’t been a good week for the stock market with stocks dropping for the 3rd consecutive day, which is...

I don’t usually post after 4 p.m. on Friday, but after dinner, I had somethings to share. In yesterday’s Daily...

Strong gains in index futures before the open gave the impression that today would be a decent day for the...

As I pointed out earlier today,  there seems to be a rotation attempt in both defensive sectors and Small Caps,...

Semis dragged the market lower this morning; first after a Bloomberg report that the Biden administration is looking at curbing sales...

The S&P and Dow closed at new record highs on this Columbus Day holiday, even as the Dollar was higher...

After a pretty much flat week last week, this week all of the averages gained a similar amount. The S&P...

Gold futures settled +1.4% higher to $2,676.30/oz, climbing out of the red on Friday to end higher by about +0.3%...

There was a negative bias in the stock market through the entire session after probabilities favored 1-day overbought internals yesterday....

Apologies for the late post. It’s been a a crazy day for me between electric & internet outages, and running...

Yesterday afternoon I pointed out that the SPX and NDX were toward the bottom of their ranges and everything except...