Category: Daily Wrap

The main market theme today wasn’t stimulus or COVID, or economic data, but the thrashing the U.S. Dollar took after...

Looking at the end of day percent changes, it seems like little happened, but there was quite a lot of...

Monday’s internals weren’t a perfect example of 1-day oversold, but with the S&P down 4 days in a row (the...

After a pretty dull month or so of trade, there was a notable negative change in character last week. Today...

For the most part the market was mixed and little changed, although Small Caps outperformed. Index futures were weak overnight...

There seems to be some confusion as to what caused the market’s worst performance in a month today (and a...

Index futures drifted lower overnight into pre-market. At the cash open Small Caps were bid on another strong short squeeze,...

Traders are so use to the last month or so of vaccine-news Mondays pop up in futures, it seems they...

Equity market tone has been very dull most of the week, and certainly looked that way last night judging by...

The market struggled overnight and right out of the gate this morning. Disappointing ADP Employment data didn’t help in front...

Recovery optimism and decent economic data fueled a strong overnight session for index futures with follow through in the cash...

The averages had a pretty spectacular November driven by a series of vaccine headlines, but ended the month on a...

The Dow Jones Industrial Average (+1.5%) topped the 30,000 level for the first time ever aided by $14 trillion in...

M&A Mondays have turned into Vaccine Monday’s, although the broader market’s positive response is less and less each time, and...

In last night’s session Index futures consolidated yesterday afternoon’s losses in a small bearish flag type formation. Things got a...

After gains that pushed stocks to record highs earlier this week, the latest coronavirus data is showing disturbingly high infection...

It’s a little bit of a strange day in that small caps started out worst, then ended best making a...

COVID cases (140k a day), hospitalizations and deaths (1100 per day) are rising, but in a near carbon copy of...

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Here’s how things stand on the week (may change by the close) as of now. There’s a huge difference between...