Category: Daily Wrap

After 1-day oversold internals yesterday, the market’s focal point rotated back to mega-caps lifting the NASDAQ-100 and a resumption of...

Monday’s start was impressive, but it was disconcerting how Apple’s hiring plans could turn the entire market. Today might as...

Index futures started the week on a positive note, with positive corporate news from Goldman Sachs (GS +2.5%) and Boeing (BA  -0.01%). Goldman...

I’m not even sure where to start with today’s market action, but let’s just say that the pre-market was very...

The event of the day, and probably the week, was today’s inflation data in June’s CPI. We have seen energy...

After yesterday’s weak close and some bearish price action in a few of the major averages intraday yesterday, I expected...

As of Friday’s Afternoon Update, it looked pretty likely that the averages would spend some time early this week consolidating/correcting...

Averages The market opened on a high note and built on those gains with each of the indices exhibiting a...

2:29 p.m. ET The averages continue building on yesterday’s gains with NASDAQ-100 and Small Caps leading, this despite a massive...

The early going market action was marked by a lack of buyer conviction, continuing the overnight consolidation phase ahead of...

Coming back from the extended July 4th holiday weekend, the fireworks were on full display in global equity markets, but...

The averages had a super-weak day, erasing all of the post FOMC/Powell gains from yesterday and then some. On the...

The market rallied today before and after the FOMC policy statement, which says something, but recall too that breadth oscillators...

The overnight futures market saw some brief strength with the S&P futures up over +1% and NASDAQ-100 futures up over...

Last week ended on a bad note, and the new week started on an even worse note. Futures were already down...

This morning, as of the Early Update, it felt like one of the dullest early sessions of the last week...