Category: Daily Wrap

Disruptions to shipping through one of the world’s most important energy chokepoints continues to leave markets extremely sensitive to developments...

Another spicy start to the week. There’s a pattern emerging: gloves off and hit hard over the weekend, deescalate during...

Stocks closed mostly lower, weighed down by a sharp surge in oil prices that pressured the broader market. After yesterday’s...

In many ways today’s equity market action was the mirror opposite of yesterday, whether the direction, the major averages’ performance,...

Monday equity investors brushed off the weekend war with Iran:  Stocks Shrug; Why This “Tempest in a Teapot” Could Turn...

March kicked off on an eventful note. In truth, 2026 feels increasingly chaotic. I know that’s somewhat subjective. I’m aware...

The market went “The other way” and sold the news. Nvidia blew away earnings, yet traded -5.45% lower. Software stocks...

Technology leadership led to a solid session for the indices ahead key earnings after the bell, though the breadth of...

Monday’s internals didn’t reach the 1-day oversold threshold, but the psychology of the market (manic, sell-first and ask questions later)...

Uncertainty and selling was a broad-based theme coming into the new week (Tariffs, Geopolitics-both Iran and now Mexico and AI...

Tonight’s post is going to be abbreviated and in an informal format. I didn’t expect my Mom’s remains were coming...

Stocks had a solid session today, though they finished off their session highs this afternoon. The gist of the FOMC...

After an extended 3-day weekend, the morning equity action picked up where detiorating 3C charts left off Friday resulting in a...

This is my final post for today. I have an appointment later to handle the administrative aspects of my mother’s...

Early modest gains reversed sharply into losses as the dead cat bounce in software and mega-cap stocks fizzled out. Investor...

Stocks opened higher out of the gate in response to the January Employment Situation Report showing a solid increase in...

The rebound effort off last Thursday’s low started to stall Tuesday. Early strength in the broader market succumbed to some...

The gist of the day was a continuation of Friday’s oversold bounce, pretty much as expected headed into the weekend...

The week began with a classic relief/oversold bounce (Monday) driven by strong manufacturing data, but quickly gave way to intense,...

Another ugly session, though unlike other sessions this week, selling broadened out to cyclicals and defensive sectors, with Small Caps...