Daily Wrap
After a mundane 3-day of trade since last Thursday’s Key Reversal Day, today was ugly with a broad-based, but fairly...
Daily Wrap
It was yet another fairly dull day in the market as the last 3 days have been, but had a...
Daily Wrap
The stock market spent the last day of July in a flattish trading session at the index level. The major...
Stock Market Video Update
This one took me half the weekend, but I think there’s a lot of good subject matter for your consideration....
Afternoon Update
As I started the last post, “I’d sum up today’s price action as a correction of yesterday’s reaction to the...
Daily Wrap
The market started the session in rally mode. A nice gain Meta Platforms (META +4.4%) post-earnings, and an overnight rethink of yesterday’s...
Daily Wrap
The two primary market catalysts today were, 1) mixed earnings reactions from mega-caps Alphabet (GOOGL +5.8%) and Microsoft (MSFT -3.75%)...
Daily Wrap
Although a fairly dull day, most of the major indices closed with gains after the S&P 500 and Dow Jones...
Daily Wrap
At the start of a busy week (FOMC, Q2 GDP, PCE, mega-cap earnings), today’s session was modestly positive, in keeping...
Afternoon Update
As I mentioned in the first post of the cash market, the Early Update, it seemed there was a max-pain...
Important Update – DEFENSIVE
2:00 p.m. ET Virtually nothing as changed with the major averages, they are VERY little changed. SP-500 +0.4%, Dow +0.3%...
Daily Wrap
The big driver of today’s trade was earnings, whether that be the NASDAQ-100’s horrible performance (worst since February), or the...
Daily Wrap
The major indices saw some choppy action action today, but finished with modest gains in a consolidative manner. That was...
Daily Wrap
The stock market started the session more mixed at the index level, but closed with pretty broad-based gains. Initially, weak...
Daily Wrap
Before I get to today, I want to put something on your radar that “ma” or may not come to...
Afternoon Update
Despite quite a lot of positive news today, the major averages have faded. SP-500 -0.2%, Dow +0.3% (Transports -0.7%), NASDAQ-100...
Daily Wrap
More weaker than expected economic data, and more stock gains. Today’s price action (at least in mega-caps) looked better than...
Daily Wrap -Inflation Is Yesterday’s News
I’m feeling a little more casual than usual today, so I’m going to run with that. The most important economic...
Daily Wrap
The equity market had another decent performance today. Things started out looking similar to yesterday’s tape with pro-cyclical sectors leading...