Daily Wrap
Today was similar to yesterday in that it’s another fairly dull day with the market slightly higher, but completely the...
Daily Wrap
The overnight session was a dull affair with the S&P hovering around $3800, which is a key options (gamma) related...
Daily Wrap
It has been quite a week so far with the worst start to a year in years on Monday, to...
Daily Wrap
The Georgia Senate run-off election was the wildcard this week and what a wild day it has been. This morning...
Daily Wrap
Stocks bounced today after the worst start to a year in years. Index futures started the day lower in pre-market,...
Daily Wrap
Index futures and risk assets more broadly, started off 2021 on an optimistic note attributed to expansionary December manufacturing PMIs...
2021 Update – Happy New Year
Hey everyone, I just wanted to take a break from my busy New Year’s schedule of burning the candle at...
Daily Wrap
The day started a little stronger than it finished in a lackluster, tight ranged session, although the averages finished with...
Daily Wrap
For a second day the U.S. cash market open triggered a wave of selling in Small Caps and a bid...
Daily Wrap
This week in another holiday shortened week (New Years) and I’d expect volume to be light as it was today....
Absolute Breadth Index Update
Over the last 7 weeks, since the initial Pfizer news on November 9th that sent the market gapping higher and...
Daily Wrap
There was a lot of economic data today, most of it missed investor expectations (i.e.- Core Durable Goods, Personal Income...
Daily Wrap
Today was a mixed day with unusual (at least by recent standards) leadership by Small Caps and NASDAQ. The Tuesday...
Daily Wrap
Index futures kicked off the holiday shortened week on a weak note as concerns surrounding a new mutated strain of...
Daily Wrap
The main market theme today wasn’t stimulus or COVID, or economic data, but the thrashing the U.S. Dollar took after...
Daily Wrap
Looking at the end of day percent changes, it seems like little happened, but there was quite a lot of...
Daily Wrap
Monday’s internals weren’t a perfect example of 1-day oversold, but with the S&P down 4 days in a row (the...
Daily Wrap
After a pretty dull month or so of trade, there was a notable negative change in character last week. Today...
Daily Wrap
For the most part the market was mixed and little changed, although Small Caps outperformed. Index futures were weak overnight...
Daily Wrap
There seems to be some confusion as to what caused the market’s worst performance in a month today (and a...