Category: Daily Wrap

I always warn to be careful about reading too much into the knee jerk reactions around Fed events, and that...

The market has been waiting out today’s FOMC. Although no rate-change or even policy change was expected, the market was...

Index futures did nothing overnight, but fell at the open after stagflationary economic data in pre-market. Retail Sales missed big...

The averages traded in mostly dull fashion as we’ve seen the past few weeks and ended mixed, but there was...

To put it succinctly, watching the market today felt like being transported into the twilight zone. The market reacted positively...

I’m going to keep tonight’s post fairly short and to the point since tomorrow’s CPI could change the entire landscape...

The session started with the S&P 500 inching past its all-time closing high (4232.60) and coming within two points of...

The equity market began the week on a quiet note with little macroeconomic data and a  weekend that did not...

Here’s the video I’m been working on editing. The main subject matter is how to use 3C but there’s a...

The averages opened lower after a weak overnight session, but the S&P was able to reclaim a large portion of...

The stock market finished a quiet midweek session on a slightly higher note with the S&P 500 (+0.1%) and Nasdaq...

Index futures started the new month with decent gains in pre-market. The strong start was likely fueled by first-of-the-month inflows...

The large-cap indices closed mixed and little changed. Small Caps ripped higher on the back of a second day of...

At the end of Monday’s Afternoon Update I posted, “I suspect we see the averages consolidate/correct a bit here around...

Small Caps led at the cash open in what was an apparent attempt at (day-to-day) rotation as suspected yesterday. The...

Investors’ concerns over inflation remained on the backburner amid a lull in macro economic data and a number of Fed...

Large-cap Tech followed up on yesterday’s stronger relative performance. Additionally helping these stocks, bonds were bid sending yields lower ....

The overnight and morning session for index futures was an ugly one with follow through selling from yesterday afternoon. It...

The averages started the day flattish after most index futures met resistance overnight at Sunday’s high. NASDAQ-100’s early relative strength...

Friday major averages like the NASDAQ-100, and key sectors  like Tech, had a solid oversold bounce, getting the market out...