Category: Daily Wrap

A week ago today was a bit of an odd day – Stocks, Bonds and Gold all closed higher. Today...

President Trump over the weekend signed executive orders to extend $400/week in enhanced unemployment, provide student loan relief, prevent evictions,...

The Week On the week the Dow (+3.8%) was the best of the major averages, outperforming the benchmark S&P +2.45%....

The S&P spent most of the day trading in the same narrow range from yesterday until the final two hours...

The S&P, Dow and NASDAQ had another very flat, very dull day. The S&P’s gains this week have all come...

In a lot of ways it was a strange day with seemingly mixed messages across multiple asset classes. Stocks (risk...

The NASDAQ posted a new record high, many people were surprised it didn’t on Friday with Apple gaining +10.5%, but...

Sorry about the odd hour, but we have a hurricane headed our way and I wanted to make sure to...

The S&P 500 declined as much as -1.7% on Thursday following the release of weak economic data, but a buy-the-dip...

The market expected no change to rates today and a very dovish, supportive statement from Powell. There were no surprises...

Stocks got off to a rough start on the open, but settled into a very dull session as volatility came...

Stocks had a decent day on stimulus hopes as Senate Republican’s put forward the outlines of a stimulus plan, but...

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Mega-caps led NASDAQ lower, and NASDAQ led the broader market lower, while safe-haven assets like bonds, the Japanese yen and...

Today started mixed with little theme, and continued the rest of the day with similar dull tone. For most of...

There were quite a few themes today, some realted, some unrelated, some contrasting or contradictory, some repetitive and just treading...

The defining theme last week was rotation out of mega-cap Technology and NASDAQ, and into value/cyclicals that benefitted Small Caps,...

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Shares of mega-cap technology stocks weighed on the market today in a very low volume session. The Technology sector was...

In the summary section of last night’s Daily Wrap, I talked about rotation from mega-caps to value. “I suspect money...