Category: Daily Wrap

Today’s trade had the typical feel of the Summer Doldrums, again. There’s just not much market moving data or earnings,...

The market is pretty much in the depths of the summer doldrums. Everyone is on vacation through Labor Day (Sept....

The video will be live at 8 a.m. ET...

In my last post I shared that I was laying in bed last night, watching “Industry” on MAX (a show...

The Stock and Treasury market added some gains today, while the U.S. Dollar Index fell. The catalysts… The second largest...

The 8-day win-streak was broken after  a 1-day overbought internals signal yesterday.  The averages were modestly lower with Small Caps...

It has been quite a month in the markets. From stairs up, to elevator down, to wrist-rocket back up. There...

Or at least, “Pay attention to the rest”. After a strong rebound in stocks this week that eliminates any vestige...

The stock market registered solid gains in a broad-based advance after the week’s two most important economic data points came...

Today was kind of a strange day. I suppose you could sum it up as , after PPI’s disinflationary surprise,...

S&P futures were already up +0.4% at 8 a.m. ET this morning before PPI. The July Producer Price Index (PPI)...

The major averages today were fairly quiet at the price-percent change level (Small Caps excluded), but intraday price action was...

Initial Jobless Claims came in slightly better than expected, although Continuing Jobless Claims hit a 33-month high. The market took...

Early market gains faded after yesterday’s 1-day overbought internals. The S&P 500, which was trading up as much as +1.7%...

Yesterday’s internals were textbook 1-day oversold, and in a big way. Furthermore, breadth oscillators have only been as oversold as...

It’s not often you see the S&P-500 drop -3% in a single day, but today’s story started overnight in Japan...

Index futures are a Sea of Red tonight and the culprit? The collapse of the Dollar Yen (-2.35%) as the...

The stock market settled near session lows, leaving the major indices with solid declines. There are a lot of reasons...

Microsoft (MSFT -1.1%) was lower after reporting earnings, but index futures jumped overnight following results from Advance Micro Devices (AMD +4.35%) and...