Category: Daily Wrap

As is the case every Friday, this will be my last post of the day. We have a 3-day holiday...

We’ve seen the averages end the day mixed a lot over the last 2 months, but not to today’s degree...

Just about the only thing that mattered today (as well as yesterday), is debt ceiling concerns that have driven a...

The stock market spent most of the morning little changed from yesterday’s closing levels. Things started to deteriorate following numerous...

Today’s trade was a bit dull and lacking conviction due to ongoing concerns about the debt limit, considering President Biden...

I’m getting the Afternoon Update started earlier than usual because there’s a lot to cover and it’s my last post...

Today the stock market built on yesterday’s gains, which saw the S&P-500 trade up to the 7-week lateral range upper...

Today’s market tone had a surprisingly pro-cyclical, obvious risk on bias. There were some positive responses to earnings and other...

The day started out looking fairly similar to recent sessions. Overnight China reported some weaker-than-expected data including retail sales, industrial...

The day started out with decent tone in pre-market with Regional Banks doing well, much like last week, but the...

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Thank you for hanging in there with me yesterday, it wasn’t a fun day. Today was another dull day inside...

Today’s trade was very quiet ahead of tomorrow’s CPI (inflation) report, and President Biden’s meeting with Congressional leaders to discuss...

Index futures were mixed this morning before the open, but the themes were: Regional Banks were being bid which lifted...

The S&P followed through with some downside following a small bearish flag like consolidation related to the FOMC yesterday. Concerns...