Daily Wrap
The large-cap indices closed mixed and little changed. Small Caps ripped higher on the back of a second day of...
Daily Wrap
At the end of Monday’s Afternoon Update I posted, “I suspect we see the averages consolidate/correct a bit here around...
Daily Wrap
Small Caps led at the cash open in what was an apparent attempt at (day-to-day) rotation as suspected yesterday. The...
Daily Wrap
Investors’ concerns over inflation remained on the backburner amid a lull in macro economic data and a number of Fed...
Daily Wrap
Large-cap Tech followed up on yesterday’s stronger relative performance. Additionally helping these stocks, bonds were bid sending yields lower ....
Daily Wrap
The overnight and morning session for index futures was an ugly one with follow through selling from yesterday afternoon. It...
Daily Wrap
The averages started the day flattish after most index futures met resistance overnight at Sunday’s high. NASDAQ-100’s early relative strength...
Daily Wrap
Friday major averages like the NASDAQ-100, and key sectors like Tech, had a solid oversold bounce, getting the market out...
Daily Wrap
***I’m sorry this post is later than usual. GoDaddy’s servers in my region were down until recently. After a rough...
Daily Wrap
Here are some excerpts from Friday April 30th’s Afternoon Update almost 2 weeks ago…. ” …we may have just seen...
Daily Wrap
Yesterday NASDAQ-100 broke down after a failure of local support at a large consolidation. Commodities signalled a risk aversion that...
Daily Wrap
The day started out with futures reflecting an investor preference for large-cap Dow and cyclical stocks, while large-cap Tech was...
Daily Wrap
Today was a fairly volatile session with a majority of S&P sectors green early, then all of them red this...
Daily Wrap
After holding multiple technical support levels yesterday, and Treasury Secretary and former Fed chair, Janet Yellen, backpedalling yesterday’s comments, prices...
Daily Wrap
From the Summary of last night’s Daily Wrap… “During the course of the week I would not be surprised to...
Daily Wrap
Today was the first day of May, which is historically the start of the worst performing 6 months for the...
Daily Wrap
We finally saw some price volatility for the first time this week, and it’s probably not coincidental that it was...
Daily Wrap
For a third consecutive day the S&P traded in a very tight range and barely moved by the close. The...
Daily Wrap
Yesterday was a lackluster day of trade inside an exceptionally narrow range. Today was a virtual carbon copy ahead of...
Daily Wrap
Friday’s market internals leaned toward 1-day overbought and if you recall last week, we got a 1-day overbought and 1-day...