Category: Daily Wrap

Last week ended on a bad note, and the new week started on an even worse note. Futures were already down...

This morning, as of the Early Update, it felt like one of the dullest early sessions of the last week...

The major averages slipped today on rising energy costs and renewed angst about the economic and earnings growth outlook. A...

I don’t usually, but might as well have a tiny bit of silliness and call today, “Turn-Around Tuesday”. It was...

A stock market that moved higher in broad-based fashion at the start of today’s trading ended the day mixed. Index...

For most of the month of May I have been following what appeared to be a basing process, and ultimately...

Index futures slipped lower overnight due to multiple concerns including: China COVID lockdowns; Russia stepping up military efforts in eastern...

Yesterday was a pretty strong day with marginally 1-day overbought internals conditions. Although by last night’s Daily Wrap, Snap Inc. ...

Everything of real importance for the market in the near term, took place Friday. In fact you can read most...

I’m going to get this post out a bit earlier than usual because the close could be very meaningful. I’ve...

Today’s session was very choppy and uneven, but it was far better than yesterday, and probably better than it looks...

Yesterday the market posted 1-day overbought internals, which typically means we’re in for a consolidation the next day, or at...

After bullish consolidations in the major averages yesterday, price broke out of them today with the benchmark S&P-500 index gaining...

After a weak start last week, on Friday the S&P put in a weekly bullish hammer by Friday’s close, and...

The market has been bearish all week, in fact trading like a typical bear market, or maybe a bit worse...

The session started on a strong note for the market as the S&P 500 rallied as much as +1.9% amid...