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...
Daily Wrap – Post Election
The most interesting aspect of the market’s reaction last night (election night) was shortly after the first polls closed on...
Daily Wrap
I’m not going to waste your time tonight trying to make more of the market than what it was. It...
Daily Wrap- Tcch Wreck
Mega Caps and chipmakers had an outsized impact today following Meta Platforms and Microsoft earnings. Sharply rising market rates this...
Daily Wrap – Semis Spoil Alphabet’s Party
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...
Daily Wrap – Mega Caps and Semis Run the Show, and Little Else. Gold Sets a New Record High.
This heatmap of the S&P mostly encapsulates the day… There’s a lot of green, but that’s all the heavily weighted...
Daily Wrap
Israel launched its much anticipated retaliation against Iran over the weekend and as far as I can tell, it was...
Daily Wrap
Market rates have increased from pre-market from down 2 bp to now Up +4bp. Buying activity in the equity market...
Daily Wrap -SPLIT
As you probably know by now, I was surprised by how dull the market was today after yesterday’s 1-day oversold...
Daily Wrap – Rates Finally Scare Investors
This hasn’t been a good week for the stock market with stocks dropping for the 3rd consecutive day, which is...
Daily Wrap – Small Caps, Dow and Dow Transports Hit Hard on Leading Economic Indicators; But NVidia Mitigates Losses
The morning trade in equity markets accelerated to the downside around 10:15 a.m. ET, just after the 10 a.m. release...
Daily Wrap: Gold With Another Record High; Silver Breaking Out; Nasdaq-100 Does Nothing; Semis Worse Than Nothing
I don’t usually post after 4 p.m. on Friday, but after dinner, I had somethings to share. In yesterday’s Daily...