Category: Daily Wrap

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...

The stock market had another rough day with the Technology pacing losses. Investors are increasingly worried that fast-improving AI tools...

I’m headed back to the hospital as they just removed my mom’s intubation tube, and this is a critical moment,...

Illiquid extended hours/futures trade isn’t always the best indication for the cash market. In fact over the last few months,...

The major averages closed firmly lower today, capping a volatile month-end session. Month-end rebalancing appears to be contributing, with small...

Overnight and premarket action showed metals soaring and 10 of 11 sectors higher, though Tech lagged. A dismal reaction to...

The major stock indexes opened higher on Wednesday, lifted by strong corporate earnings reports and related developments (mainly in the...

I want to thank everyone for the thoughtful messages. Unfortunately, my mother’s condition has declined sharply and unexpectedly, with the...

Summing up the week with a picture… Chaotic. Many of January’s 2026 trends and assumptions seem to be crashing down...

The dominant market theme Thursday centered on relief-driven follow-through from Wednesday’s headline-driven volatility, sparked by geopolitical concerns around Greenland and...

I’m not sure how much signal we can separate from the tape-bomb noise, but here’s the day in a nutshell:...

It’s tempting to quickly blame today’s volatility purely on headline jitters—Trump’s Greenland tariff threats reigniting trade-war fears, but Japanese bond...

The stock market delivered a mixed but ultimately positive session, with broad-based gains led by Tech after TSMC‘s strong earnings...