Category: Daily Wrap

Chinese tech stocks were a bloodbath again as Beijing’s crackdown deepens and Chinese ADRs continued to get smacked amid regulatory...

The benchmark S&P-500 Index extended its rally to a 3rd day, but as posted earlier (Loss of Momentum), the +0.2%...

The stock market extended its oversold/technical rebound to a second day as economic concerns surrounding the Delta Covid variant continued...

We got a textbook oversold technical bounce today and a pretty impressive one. Index futures were up this morning. There...

The stock market declined sharply today with index losses ranging between 1.1% (NASDAQ Composite) and 2.1% (Dow Jones Industrial Average),...

Today was a bit of a different day as mega-caps that have supported the market since mid-May as bond yields...

The S&P gained a tenth of a percent (+0.1%) in a defensively oriented session. The Dow Jones Industrial Average also...

The main point of focus today was the Core CPI coming in at the hottest in 30-years. This prompted an...

The S&P, Dow and NASDAQ-100 made new record closes again today with modest moves of less than a half percent,...

Peak growth concerns that have pestered the market all week were in sharp focus today. The negative bias was formed...

The S&P 500 gained 0.3% on Wednesday, setting another pair of intraday and closing record highs in a mixed session...

Last Friday the S&P closed at a new record high for the seventh consecutive day, the longest such streak since...

Despite, the headline Payrolls report beating expectations (with a handful of disappointing misses within), the report has been interpreted by...

The S&P set its sixth consecutive record high on a fairly broad-based advance with a bias toward value style factors....

Today closed out the month of June and the second quarter. The S&P gained less than two-tenths of a percent...

In last night’s Daily Wrap I suspected probabilities today favored a cyclical/value rotation (favoring Small Caps and Dow over NASDAQ-100),...

I’m going to try something a little less formal tonight in the summary. Please excuse any clumsiness as I usually...

The S&P 500 set intraday and closing record highs on Thursday while the Dow Jones Industrial Average and Russell 2000...

The averages traded in a very narrow range, although Small Caps joined the NASDAQ-100 and S&P-500 in tagging likely upside...

Before the Fed Chair spoke to the House Select Subcommittee on the Coronavirus Crisis in the afternoon, the S&P 500...