Category: Daily Wrap

The market’s fluidity and lack of trend continued today. Yesterday was buy everything except bonds. Today was sell everything, except the...

This morning’s CPI was the last piece of important economic data of the year. Of course next week we have...

The stock market extended this week’s losses, reflecting ongoing profit-taking after last week’s record highs. Some indicators are pointing to...

By the time we got to the end of last week, there was a clear trend of selling into mega...

This was going to be the Afternoon Update, but I think we’ll call it the Daily Wrap. Last week Small...

Today’s market activity was relatively subdued after yesterday’s. We did see some signs of weaker tone this afternoon (see the...

Last night’s relative performance in Index futures gave a hint as to today’s market performance. Nasdaq-100 and the Dow had...

There wasn’t a lot of conviction in the market today. Upside moves were driven largely by mega cap gains this...

At the sector and averages’ headline level, today was mixed with more than half of averages closing lower and a...

Today’s trade was somewhat mixed with low volume and liquidity in front of tomorrow’s Thanksgiving holiday. Small Caps and Value...

I’m going to keep tonight on the shorter side. One of the biggest lessons I’ve learned with indicators is not...

Given the lack of immediate 3C (and other signals) y the close on Friday, it made sense that Thursday/Friday’s rotation...

This post was meant to be the final Friday Afternoon Update, but bled into an abbreviated Daily Wrap as well....

Another day, another escalation in the Ukraine/Russia war. Earlier Ukraine claimed that Russia launched an ICBM into Ukraine, but with...

We know that with the light macroeconomic week, Nvidia is the week’s fulcrum event. What we didn’t know (although perhaps...

There’s a little of everything in today’s mix. First, Ukraine got the most attention after getting the go-ahead from Washington...

Beyond the initial election knee-jerk reaction, we’re starting to see the enthusiasm cool and investors starting to ask more questions...

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Nothing much has changed from this morning, except the rate of change of decline slowed while making lower lows. Unless...