Category: Daily Wrap

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...

The big driver of today’s trade was earnings, whether that be the NASDAQ-100’s horrible performance (worst since February), or the...

The major indices saw some choppy action action today, but finished with modest gains in a consolidative manner. That was...

The stock market started the session more mixed at the index level, but closed with pretty broad-based gains. Initially, weak...

Before I get to today, I want to put something on your radar that “ma” or may not come to...

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More weaker than expected economic data, and more stock gains. Today’s price action (at least in mega-caps) looked better than...