Category: Daily Wrap

The major averages today were fairly quiet at the price-percent change level (Small Caps excluded), but intraday price action was...

Initial Jobless Claims came in slightly better than expected, although Continuing Jobless Claims hit a 33-month high. The market took...

Early market gains faded after yesterday’s 1-day overbought internals. The S&P 500, which was trading up as much as +1.7%...

Yesterday’s internals were textbook 1-day oversold, and in a big way. Furthermore, breadth oscillators have only been as oversold as...

It’s not often you see the S&P-500 drop -3% in a single day, but today’s story started overnight in Japan...

Index futures are a Sea of Red tonight and the culprit? The collapse of the Dollar Yen (-2.35%) as the...

The stock market settled near session lows, leaving the major indices with solid declines. There are a lot of reasons...

Microsoft (MSFT -1.1%) was lower after reporting earnings, but index futures jumped overnight following results from Advance Micro Devices (AMD +4.35%) and...

The stock market was mixed today, although it had a downbeat feel owning to outsized losses in Technology and the...

Three major indices settled little changed from prior closing levels, continuing in the the latter part of last week’s consolidation...

After yesterday’s close at session lows, the averages had a weak start with NASDAQ-100 falling -1.65% in the first 45...

Over the last month or so I’ve written many times that this earnings season has a higher bar to impress...

Recall that yesterday market internals came in at 1-day overbought,, and not by the small margin that we have often...

After last week’s slide in mega caps and semis, both saw gains today, as did semiconductors. At the end of...

I hope you’re having a fantastic weekend so far. Here’s my follow-up of last weekend’s video. The red flag on...

You know the levels I’m watching. They’re not looking great as of the close. I suppose CrowdStrike (CRWD -11.1%) caused...

I’ve got a lot for you tonight. This morning S&P futures (+0.3%) were higher and NASDAQ-100 futures as up +0.8% as...

Today was a mixed day if you can believe that, but most of the market was down. As 3C charts...

I’m going to try something a little different tonight. Please give me your feedback. I know the audio is not...