Category: Daily Wrap

I’m going to keep this post on the short side tonight as a lot can change with President Trump laying...

Friday afternoon saw end of month pension fund rebalancing driving stocks higher into Friday’s close, but that’s an end of...

As I suspected and posted last week, “All things being equal and assuming no surprises over the weekend, I’m going...

The stock market got off to a promising start today, led by NVIDIA (NVDA +3.7%) and the mega-cap stocks, many of...

For everything else that’s happening, the primary market driver right now is fear of economic growth slowing more rapidly than...

Index futures sold off ahead of and into the cash open with a handful of mega caps behind the early...

After yesterday’s marginal record new high for the S&P 500, today started out ugly. The major indices made a sharp...

Today with another light economic day and another dullish day for the market. There was a little bit of a...

Today’s market tone was mostly dull and low conviction… at least until the final minutes of trade. We had a...

After nearly 2 weeks of flirting with an ABI signal, we got one at today’s close… ABI (daily) The last...

Like CPI yesterday, the Producer Price Index (PPI) came in hotter than expected this morning. The Producer Price Index for...

The Consumer Price Index (CPI) didn’t go the markets’ way this morning, coming in hotter than expected, accelerating MoM, and...

Today’s cash session trade was mixed and little changed at the index level, although index futures were weaker overnight on...

The last couple of weeks we’ve had “weekend” trading sessions. This weekend’s had a bit of a monkey-wrench thrown in...

I’m going to ep tonight on the short side given the key events were afterhours and tomorrow morning with the...

As 3C suggested yesterday afternoon, all of the averages added some gains today. Small caps outperformed amid another one of...

The market got relatively good news over the last 24 hours with 25% tariffs on Mexico and Canada pushed out...

Not surprisingly, the week started with turbulence in the stock market. This is going to be the norm for a...