Daily Wrap
Entering the session today the S&P 500 was up 11.0% in 11 days (since March 14), and the NASDAQ-100 was...
Daily Wrap
It was another green day for stocks with several signs of improved tone as the S&P traded above $4600 and...
Daily Wrap
Stocks shook off a slow start to the week to end the day higher. Early on, the market was slowed...
Afternoon Update
As mentioned in the last update, Houthi rebels attacked Saudi oil facilities, sending crude oil higher, but since the facilities...
Daily Wrap
The stock market ended Thursday on a firmly higher note with the NASDAQ finishing ahead of the S&P 500 and...
Daily Wrap
With the S&P up 5 of the last 6 days coming into today’s session, a correction or consolidation is not...
Daily Wrap
After yesterday’s consolidation day, we’re getting some follow through to the upside from last week with some technical achievements pocketed...
Daily Wrap
From Friday’s Afternoon Update, ” …in summary, even though we’ve had a strong week, I feel probabilities are there’s some...
Afternoon Update
This is going to be my last post. You may recall Monday I mentioned, “I have a friend and near...
Daily Wrap
All of the major averages and all 11 S&P sectors were approximately green across the board for St. Patrick’s Day...
Daily Wrap
The S&P-500 gained 2.2% today as the market knee-jerked lower, but ultimately brushed off a hawkish-sounding FOMC decision once Fed...
Daily Wrap
A continued decline in the price of crude oil and a decline in treasury yields was just what the market...
Daily Wrap
Another week and another volatile start. In Friday’s Afternoon Update I mentioned that COVID may reemerge as a market risk...
Afternoon Update
Indices faded positive starts, which saw gains between 0.7% (S&P 500) and 1.0% (Dow) and have traded lower since. As...
Daily Wrap
Today was yet another volatile day intraday with the S&P down as much as 1.6% intraday amid multiple concerns surrounding...
Daily Wrap
Stocks jumped the most since April 2020 today on a semi-relief rally rebound as the S&P 500 rallied 2.6%, emboldened...
Daily Wrap
The craziness of geopolitical headlines moving the market (up and down, but down more recently) continues unabated. Compared to yesterday’s...
Daily Wrap
You could say the markets worried about the Russia/Ukraine situation, but the lack of safe-haven trades today is just one...
Afternoon Update
At the time of this writing here are the stats for the week… SP-500 -1.5%, Dow -1.5% (Dow Transports +1%),...
Daily Wrap
After yesterday’s strong gains and 1-day overbought internals, I was looking for a consolidation/correction to alleviate overbought conditions. We got...