Category: Daily Wrap

***This website’s host had a backout across much of the U.S. I spent the afternoon trying to find a workaround....

Index futures had a rough overnight/pre-market session with S&P futures down -0.8%, but were saved in pre-market by the latest...

In a near carbon copy of yesterday, stocks were bid up at the open and again at the close. The...

Averages Small Caps outperformed on the back of an opening short squeeze and leadership from Regional Banks amid very modest...

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Summarizing Wednesday’s trade from last night’s Daily Wrap,  “Price action ended the day trading in small bearish flag consolidations suggesting...

Investors are getting anxious that the resurgence in virus cases in multiple states will hamper the economic recovery. Data showed...

Last week market legend, Jeremy Grantham said, “‘My confidence is rising quite rapidly that this is, in fact, becoming the...

Stocks fell Friday on the heels of various virus headlines and Apple’s decision to re-close some stores in sates with...

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I posted the Afternoon Update earlier covering the issues I see. Primarily, is the S&P’s consolidation since Tuesday morning a...

Today was one of the quietest and narrowest ranges of the year. Initial jobless claims for the week ending June...

Index futures started the day with modest gains, but gave back most by the cash open. The S&P extended Tuesday...

There has been a lot of positive data and headlines since the Fed reminded the market they’ll be buying Corporate...

Today was quite a volatile start to the week. In overnight trade the Dow was down as much as 1000...

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The Fed kept the target range for the fed funds rate unchanged at 0.00-0.25%, and its dot plot signaled rates...

The growth sensitive cyclicals sectors were notably weak today. As were many of the recent speculative moves in stocks, particularly...

Highlighting what odd times we live in and the market’s disconnect, on the same day the National Bureau of Economic...