Category: Daily Wrap

I’ve got some good stuff for you tonight so make sure you read the Summary section toward the bottom of...

The major averages had a mixed day. In pre-market the Mega-caps (excluding Tesla) were providing support and lifting index futures...

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Index futures were up overnight and gained more in pre-market after the dovish July Consumer Price Index and weekly jobless...

Index futures drifted modestly higher overnight as Italian authorities watered down their bank-tax threats, but index futures started coming down...

Today’s trade had a negative bias following yesterday’s low conviction (consolidation-like) gains. In the overnight section of yesterday’s Daily Wrap...

After the worst week since Mach for the S&P-500 and NASDAQ-100, and 1-day oversold internals, the new week starts with...

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The Bank of Japan intervention overnight (buying unlimited JGB’s after the 10y JGB rose to 0.65%), plus services surveys and...

After a mundane 3-day of trade since last Thursday’s Key Reversal Day, today was ugly with a broad-based, but fairly...

It was yet another fairly dull day in the market as the last 3 days have been, but had a...

The stock market spent the last day of July in a flattish trading session at the index level. The major...

This one took me half the weekend, but I think there’s a lot of good subject matter for your consideration....

The market started the session in rally mode. A nice gain Meta Platforms (META +4.4%) post-earnings, and an overnight rethink of yesterday’s...

The two primary market catalysts today were, 1) mixed earnings reactions from mega-caps Alphabet (GOOGL +5.8%) and Microsoft (MSFT -3.75%)...

Although a fairly dull day, most of the major indices closed with gains after the S&P 500 and Dow Jones...

At the start of a busy week (FOMC, Q2 GDP, PCE, mega-cap earnings), today’s session was modestly positive, in keeping...

As I mentioned in the first post of the cash market, the Early Update, it seemed there was a max-pain...