Daily Wrap
Index futures were actually off to a pretty decent start overnight until the European session when German PPI (Producer Price...
Daily Wrap
As noted in the A.M. Update, index futures were weaker overnight with follow-through selling interest, which sent the stock market...
Afternoon Update
Although we came into the week with follow through on last week’s price gains, there was some clear hesitation or...
Daily Wrap – SPX $3900 Interesting Level
From a simple face value point of view, the stock market tried to rebound today but ran into resistance from...
Daily Wrap
In last night’s Daily Wrap under the “Summary” section, I tried to convey the emotional… well I don’t want to...
Daily Wrap
You may recall there were a few signs of nervousness yesterday ahead of this morning’s CPI report including VIX’s unusual...
Daily Wrap
The stock market had another strong showing today with follow through on last week’s upside momentum to build on last...
Afternoon Update – S&P $4600?
This is going to be an abbreviated post due to time restraints before the close, but also because the hard...
Daily Wrap
The stock market had a somewhat volatile session, but considering all the central bank events I suppose it wasn’t that...
Daily Wrap
It’s on the days like today that the most happens in the market, but that I need do the least...
Daily Wrap
After Friday’s initial early strength, in which S&P, Small Caps and Dow Transports all tested up to their 50-day moving...
Afternoon Update
The stock market opened to modest gains following an August employment report that was strong but not as strong as...
Daily Wrap
The market had a lot going against it today, from the Biden’s administration limitation on U.S. semiconductor chip exports to...
Daily Wrap
The major indices opened with modest gains before falling back towards the unchanged mark. The market wasn’t been able to...
Daily Wrap
Index futures started the pre-market session higher, but that all quickly faded as geopolitical risk suddenly ramped up with Taiwan...
Daily Wrap
While Powell was the main event Friday at the Jackson Hole Symposium, he was far from the only central banker...
Afternoon Update
The PCE index this morning showed a modest moderation in inflationary pressures (confirming the CPI, PPI and Copper-Gold ratio), but...
Daily Wrap
The stock market had a positive bias for the entirety of today’s session but remained in a narrow range until...
Daily Wrap
Today’s trade had a positive bias that left the major indices with modest gains, snapping a three-session losing streak. The...
Daily Wrap
On the face of things, it was a quiet day that lacked conviction ahead of Fed Chair Powell’s speech at the...