Daily Wrap
S&P futures gained over 1% last night, as you know, this is not my preferred scenario coming at this from...
Daily Wrap
In the overnight futures’ section of last night’s Daily Wrap I said, “S&P futures are up +0.7% tonight. I’d prefer...
Daily Wrap
While Friday’s market performance was not the kind of follow-through bulls want to see (more on the reasons why Friday...
Afternoon Update
Quite a week, or at least a Thursday with the 5th biggest intraday reversal on record. To put that in...
Daily Wrap -Massively Bullish Day
Last night I had a lot to share and noted that the dull, lackluster low conviction days of trade are...
Daily Wrap
*My apologies that this post is much later than what I typically shoot for, but in more than 2 decades doing...
Daily Wrap – Financial System Stress
Today’s trade started on a downbeat note, saw an early recovery lasting into the afternoon, and ended on a downbeat...
Daily Wrap
The major indices opened to modest gains before sizable losses in mega cap and semiconductor stocks dragged the market into...
Afternoon Update
It was a rough session for the stock market after this morning’s September Employment Report. A broad sell off was...
Daily Wrap
The averages pulled back more today within a consolidation, with everything from higher Crude prices, to hawkish Fed speak, a...
Daily Wrap
Today’s trade started on the defensive. Initially overnight losses were blamed on crude oil’s recent gains and the potential for...
Daily Wrap – Biggest 2 Day Gain in More than 2 Years
For the second straight day, the stock market had a broad rally. The last two days have seen the biggest...
Daily Wrap – October Off to a Strong Start
After a weak ending to last week (which I suspect had some aspect of window dressing negatively impacting the market)...
Daily Wrap
Today was a pretty darn ugly day for stocks, not so much for bonds and other asset classes. Yesterday’s strong...
Daily Wrap
Last week started a chain of events in the U.K. that have shaped U.S. market dynamics since then. It came...
Daily Wrap
Stocks had a volatile overnight/intraday session, but ended mixed and little changed. The stock market started the day in rally...
Daily Wrap
The overnight session from Sunday’s open was ugly around the globe with stocks, bonds and currencies experiencing varying degrees of...
Afternoon Update
I usually have quite a lot to pack into this Friday post, but I think I got most of it...
Daily Wrap
Index futures started the pre-market session well off overnight lows and in the green. From a risk-sentiment perspective (via bitcoin...
Daily Wrap -FOMC Wrap Up
The stock market was higher earlier, but confined to a narrow trading range until the FOMC rate hike decision at...