Category: Daily Wrap

The market was a little over the place early on, then the slow low volatility grind higher. Index futures were...

Seasonal holiday volume has kicked in with today coming in roughly ~25% below the 20-day average volume. Low liquidity tends...

After 4 days down, the market was due for a bounce, or what I suspect may turn into a bearish...

A few months ago AI hype was hotter than a South Florida BBQ in August. Every week we had some...

The market finally got the delayed November Employment Situation report, which beat expectations on payroll gains. However, it came alongside...

Index futures were up more than a half-percent in Monday’s pre-market session. Once again, Bitcoin led a decline into the...

Thursday could be described as a tale of two markets. On one side procyclical sectors and defensive sectors rallied the...

A few points from today’s Fed/FOMC:  Reduced the federal funds rate by 25 basis points to 3.50% to 3.75%, as...

The averages were very little changed today ahead of the FOMC. While not as widely anticipated in the shadow of...

Equities ended modestly lower, with only the Tech sector (+0.7%) in the green—nowhere near enough to offset broad-based selling elsewhere....

Most of the major averages spent the session in a tight range near their unchanged mark, drifting sideways as expected...

The combination of a lower Dollar and lower yields provided a supportive backdrop for stocks. Carry trade concerns took a...

Most of the averages closed with modest gains. Tech and mega-caps provided leadership, though action was choppy in session and...

I was looking forward to this week as traders come back to their desks after a holiday-shortened week of light...

The stock market saw another broad-based rally, but a much more uneventful session a day before the Thanksgiving holiday. Averages...

The market posted a broader-based advance today, even as Nvidia and AMD weighed on Semis and the Tech sector. Investors...

I’ve had SPX $6550 flagged for 5 or 6 weeks as key level of interest and support zone. The 100-day...

The short-term price trend, although significantly relieved today, is still down. SPX (15m) – Although at a key area. NDX...

Well, that was fun. I’m reminded of my question in Wednesday’s Daily Wrap:  It makes you wonder why SoftBank and...

The averages got off to a strong start until S&P futures hit a brick wall just above $6700. (1m) Goldman...