Important Update – DEFENSIVE
2:00 p.m. ET Virtually nothing as changed with the major averages, they are VERY little changed. SP-500 +0.4%, Dow +0.3%...
Daily Wrap
The big driver of today’s trade was earnings, whether that be the NASDAQ-100’s horrible performance (worst since February), or the...
Daily Wrap
The major indices saw some choppy action action today, but finished with modest gains in a consolidative manner. That was...
Daily Wrap
The stock market started the session more mixed at the index level, but closed with pretty broad-based gains. Initially, weak...
Daily Wrap
Before I get to today, I want to put something on your radar that “ma” or may not come to...
Weekend Video Update
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Afternoon Update
Despite quite a lot of positive news today, the major averages have faded. SP-500 -0.2%, Dow +0.3% (Transports -0.7%), NASDAQ-100...
Daily Wrap
More weaker than expected economic data, and more stock gains. Today’s price action (at least in mega-caps) looked better than...
Daily Wrap -Inflation Is Yesterday’s News
I’m feeling a little more casual than usual today, so I’m going to run with that. The most important economic...
Daily Wrap
The equity market had another decent performance today. Things started out looking similar to yesterday’s tape with pro-cyclical sectors leading...
Daily Wrap
There wasn’t much in the way of U.S. macro data, likely contributing to the dullish tone of the day. Overseas,...
Daily Wrap
Today’s market action can be summarized as good economic news was bad news for stocks. The good economic data sent...
Daily Wrap
After the Independence Day holiday, which many on Wall Street turn into a 4-day weekend, the anticipated event of the...
Afternoon Update
Well, I can’t say I’m surprised that today’s half-day session ahead of tomorrow’s Fourth of July holiday, has been a...
Stock Market Video Update
Here’s my most recent stock market video update. I’m wishing you all a very safe and happy Fourth of July....
Daily Wrap
The market averages reacted fairly predictably today as the large upward revision to Q1 GDP in the third estimate out...
Daily Wrap
The ECB hosted a panel discussion with the heads of the Federal Reserve, European Central Bank, Bank of England and...
Daily Wrap
After the S&P closed down 5 of the last 6 days, and the Dow closed down 6 consecutive days, the...
Daily Wrap
This is the last week of the month and quarter. It may have seemed quiet or dull today, but looking...
Weekend Video Update
Last night I scheduled this video to upload this morning, but forgot to share the link here so in case...