Category: Daily Wrap

In my mind there were 3 catalysts or market narratives in play today. One was a positive earnings response to...

U.S. Equity markets started with more bearish price action following Microsoft’s (MSFT -0.6%) disappointing fiscal Q3 outlook and expected growth...

This will be my last post of the day. Tonight is my girlfriend’s 50th birthday party shortly after the close...

Index futures had a fairly quiet, low conviction start to the new week Sunday night and in pre-market this morning,...

As suspected from yesterday’s weak close, today saw follow through weakness in the equity market. Although unlike yesterday, today the...

Today’s trade started on a decidedly upbeat note with investors reacting to the latest earnings reports and the December Producer...

Expectations for this holiday shortened week were pretty much in place before the end of trade last Friday. You can...

I hope everyone is having a great weekend so far. It’s pretty cold down here in South Florida this weekend....

There was a lackluster start to the session in the wake of the much-anticipated December Consumer Price Index (CPI) release. The...

The gist of today’s trade was a pretty normal and expected zone of local resistance at the highs from earlier...

Summarizing the day, index futures came down overnight as volatility rose in a clear sign the market was worried about...

There are a couple things to touch on tonight of interest. First today’s trade picked up with the positive bias...

I’m thinking about either hosting a live Youtube session next weekend, or perhaps trying out the DISCOD App that I’m...

In last night’s Daily Wrap/Overnight section  I mentioned that S&P futures were virtually flat, but “VIX futures are up +0.9%...

I can’t overemphasize how glad I am to see market functioning returning to more normal (out of the holiday period)....

The market’s volume is starting to get back to normal on this first day of the new year, as traders...