Category: Daily Wrap

This entire week’s theme has been a rotation/rebalancing between that which performed best last quarter (Q1) which includes cyclicals and...

Today was another narrow-ranged trading session, except Small Caps with notable relative weakness. Mega-caps provided influential support for the other...

Pushback from both sides of the aisle against President Biden’s pork-laden $2.25 trillion idea that is the ‘American Jobs act’...

Last week when the stock market was closed for Good Friday, the March employment report showcased 916,000 additions to nonfarm...

Today was the last day of the quarter. A quarter in which stocks dramatically outperformed bonds, and value outperformed growth....

Today was a rather lackluster session, although it had an ugly start. There was some rotation between Growth and Value...

The Dow Jones Industrial Average (+0.3%) closed at fresh record highs on Monday after starting the session modestly lower, while...

In last night’s Daily Wrap I talked about how I thought the averages would trade lower today, but would likely...

Today started out fairly well after Intel (INTC -2.3%) announced plans to invest $20 billion to build two semiconductor manufacturing...

The averages got off to a mixed, but largely flat start. There was an early buying surge in the S&P...

The NASDAQ-100 and large-cap Tech had a good day as long term yields continued their pullback after reaching a 14...

Just last night I wrote, “I almost always warn before FOMC days to beware the knee jerk reaction right after...

The market started out on a downbeat note, especially the NASDAQ-100 as bond yields jumped before the open. At one...

Earlier today the market received disappointing retail sales, industrial production, and homebuilder confidence data which sparked a tumble in the...

The week’s first session started on a flat note, with the major indices dipping into negative territory on no specific...

Today’s session started with a momentum trade on what were initially falling bond yields following the ECB with the 10-year...

CPI came in with the ninth monthly advance in prices, but the February Consumer Price Index (CPI) report didn’t reveal...

According to Bloomberg, China’s National Team (Chinese version of the U.S. Plunge Protection Team) stepped into to support Chinese markets...

After gaining 1%, testing $3875 resistance and working off last week’s oversold condition, the S&P ended half a percent lower....

What a day it has been with the NASDAQ-100 opening 1% higher, down more than 2% this morning, and closing...