Daily Wrap
Today was the first trading day of the new month and second calendar day of the fourth quarter. Stocks struggled...
Afternoon Update
There’s not much movement since the last update. Quite frankly, I’m surprised to see the S&P and NASDAQ-100 holding up...
Video Update – The Stock Market and Economic Winds Are Shifting
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Afternoon Update
As always on Friday this will be my last post of the day. I have a busy weekend with the...
Daily Wrap
***My apologies for the late hour of the post, but there was a lot to fit in tonight. The stock...
Daily Wrap
Stocks were seemingly poised for a rebound in the early going following sharp losses yesterday and this month. Equities started...
Daily Wrap
Considering the H&S tops into the end of the 3rd quarter, some of today’s weakness may very well be attributed...
Daily Wrap
This week is the final week of September, and of Q3. If you didn’t already know, it’s common to see...
Stock Market Video Update and Forecast – Strategic And Tactical
I actually worked on this video until 1:30 a.m. last night, then realized it was 90 minutes long so I...
Afternoon Update
As always, it’s a fast moving market when the levels that are key are just a tenth of a percent...
Daily Wrap
When forecasting the market, I endeavor to build a case, not point out something obvious after it’s already happened. Building...
Daily Wrap – Fed Ridiculousness
This morning we saw the modest lift in stock prices that I refer to as the “FOMC Drift” with a...
Daily Wrap
The major indices ended the day in negative territory, but closed well off their lows of the day, driven by...
Daily Wrap
Today was a LOW Conviction waiting game ahead of the Fed. It was most certainly one of the dullest days...
Stock Market Video Update – More CRACKS Appearing
This video was out at 6 a.m., but in case you didn’t et a YouTube notification, or you’ve just been...
Afternoon Update
As the market sits at the time of this writing, it’s an ugly day, but not suspiring given bear flags...
Daily Wrap
The stock market had the strongest showing today of the entire week, just a day before the big quarterly triple...
Daily Wrap
As I wrote yesterday, if CPI comes in surprising, it’s going to be market moving. August CPI showed that core...
Daily Wrap
Today was a sort of flip-flop of yesterday. Rather than modest gains, the market saw modest losses except NASDAQ-100 which...
Daily Wrap
Today went as expected, the bear flags broadened out and produced mostly modest gains. A handful of mega-caps stocks supported...