Category: Daily Wrap

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...

The averages went saw a broad-based sell-off with all 11 sectors ending lower. The catalysts for the decline include the...

There are some details and particulars, but the gist of the day is the S&P did exactly what it was...

A major divergence in market performance between value and growth/momentum continues for the second day. Small Caps (+1.85%) outperformed about...

Monday madness! Index futures initially ran up from Sunday’s open after the mainstream media declared Joe Biden President elect and...

With the election still unsettled, the market is running from one thesis to the next. Yesterday the blue-wave hopes that...

The Presidential election is still undecided, but the blue-wave Democratic sweep the market had been pricing in looks unlikely. Once...