Daily Wrap
The S&P, Dow and NASDAQ-100 made new record closes again today with modest moves of less than a half percent,...
Daily Wrap
Peak growth concerns that have pestered the market all week were in sharp focus today. The negative bias was formed...
Daily Wrap
The S&P 500 gained 0.3% on Wednesday, setting another pair of intraday and closing record highs in a mixed session...
Daily Wrap
Last Friday the S&P closed at a new record high for the seventh consecutive day, the longest such streak since...
Afternoon Update
Despite, the headline Payrolls report beating expectations (with a handful of disappointing misses within), the report has been interpreted by...
Daily Wrap
The S&P set its sixth consecutive record high on a fairly broad-based advance with a bias toward value style factors....
Daily Wrap
Today closed out the month of June and the second quarter. The S&P gained less than two-tenths of a percent...
Daily Wrap
In last night’s Daily Wrap I suspected probabilities today favored a cyclical/value rotation (favoring Small Caps and Dow over NASDAQ-100),...
Daily Wrap
I’m going to try something a little less formal tonight in the summary. Please excuse any clumsiness as I usually...
Daily Wrap
The S&P 500 set intraday and closing record highs on Thursday while the Dow Jones Industrial Average and Russell 2000...
Daily Wrap
The averages traded in a very narrow range, although Small Caps joined the NASDAQ-100 and S&P-500 in tagging likely upside...
Daily Wrap
Before the Fed Chair spoke to the House Select Subcommittee on the Coronavirus Crisis in the afternoon, the S&P 500...
Daily Wrap
The market started the week with a very orderly, broad-based oversold technical bounce with most asset classes retracing Friday’s moves...
Daily Wrap – Deflationary
I always warn to be careful about reading too much into the knee jerk reactions around Fed events, and that...
Daily Wrap -Hawkish Surprise
The market has been waiting out today’s FOMC. Although no rate-change or even policy change was expected, the market was...
Daily Wrap
Index futures did nothing overnight, but fell at the open after stagflationary economic data in pre-market. Retail Sales missed big...
Daily Wrap – Extreme SKEW Reading
The averages traded in mostly dull fashion as we’ve seen the past few weeks and ended mixed, but there was...
Daily Wrap
To put it succinctly, watching the market today felt like being transported into the twilight zone. The market reacted positively...
Daily Wrap
I’m going to keep tonight’s post fairly short and to the point since tomorrow’s CPI could change the entire landscape...
Daily Wrap
The session started with the S&P 500 inching past its all-time closing high (4232.60) and coming within two points of...