Category: Daily Wrap

Small Caps led the way higher for a second day, although the mega-caps did some early catching up and some...

Sorry the post is  a little later than usual, my MRI took longer than expected. The S&P gained +1.2% in...

The S&P snapped a 3-day, -5.6% losing streak. The NASDAQ-100 led to the upside and the Dow lagged. Index futures...

Pretty much everything was down today except the Dollar. And what changed from last week? Nothing that the market couldn’t...

Another mixed day for stocks with mega-caps outperforming (the same way they started Monday morning), but the rest of the...

Last week was a very dull week for stocks, mostly trading sideways in small ranges, reacting to news, but they...

...

I expected that all other things equal, the market would be sideways and choppy for earnings season with the S&P...

Today was another indecisive session for stocks that are currently fixated on the latest he-said, she-said stimulus headlines. Pelosi said...

NASDAQ ended its 5-day losing streak with a green close. Yesterday’s Internals depicted a 1-day oversold condition and the S&P...

The market ended last week with a loss of momentum on the weekly charts. SP-500 (weekly) as of Friday’s close...

Yesterday was an odd day in that if you took price action for the major averages in a vacuum, price...

The British Pound bounced on news the U.K. would not walk away from Brexit talks and that allowed the U.S....

A day after USD/JPY traded below its trend line, the major indices snapped four-session winning streaks. NASDAQ and the three...

The stock market had its best day since April with steady advance driven by the mega-cap stocks. The Nasdaq-100 outperformed...

A couple of weeks ago the S&P had fallen over -10% and the NASDAQ-100 had fallen more than -14%. The...

Today was a lackluster day in which nothing spectacular happened – a good day for my doctor’s appointment. News that...

Averages bounced back today primarily driven by renewed stimulus hopes and secondarily by coronavirus-related optimism. After yesterday’s Trump tweet effectively...

A few days of reflation enthusiasm in stocks and bonds on stimulus hopes hit a brick wall this afternoon. The...

Monday’s trade had a distinctly reflationary risk-on bias, although the catalyst is uncertain in my view. Remember it was just...