Category: Daily Wrap

I don’t have much time so this will be a quick one. I think there’s very clear op-ex influences in...

Tonight’s post is going to be a hybrid of the day and some of the big picture elements that are...

The deepest short-term oversold conditions in 3.5 months, the VIX futures contract rolling and with it a lot of dealer...

Index futures were flat this morning after Asia was closed for trading with the Lunar New Year this week, and...

3C cumulates a lot of price/volume data according to whether price closed up or down, and whether volume was up...

It was a pretty darn dull day for most of the market. The S&P’s entire high to low intraday range...

While SPX $5,000 level would seem to be the primary driving catalyst of near term trade, one of the more...

Tonight’s post may be a little shorter than usual… I can hear your relief 🙂 I feel like I picked...

The S&P 500 finished higher on Friday despite more stocks falling than rising. Despite the S&P 500 finishing more than...

Here ae the weekly stats for the major averages on the week: S&P +1.38%, Dow +1.43% (Transports -0.65%), NASDAQ-100 +1.27%,...

Oversold internals never cease to amaze me, which is why I stay away from shorting extreme oversold markets, or buying...

All of the major indices closed lower and at or near their worst levels of the day on heavy volume....

There was not a lot of conviction on either side of the tape today with the Fed tomorrow, plus we...

Today’s market started as another one of the recent quiet, “wait and see”, days with a slight positive bias. At...

This will be my last post of the day. The averages ae mostly little changed except NASDAQ-100. SP-500 -0.1%, Dow...

Index futures ramped higher on this morning’s economic data (GDP), but drifted lower as mega-caps weakened from noon, despite lower...

The market started the day with a gap up after overnight trade lifted index futures. China’s central bank (PBoC) cut...

I think this morning’s Early Update post title, “Wait and See Mode”, correctly identified the theme of the day early...

When I looked at S&P futures this morning in pre-market they were up +0.6%, with tech-heavy NASDAQ-100 futures doing quite...