Category: Daily Wrap

I’m going to get this post out a bit earlier than usual because the close could be very meaningful. I’ve...

Today’s session was very choppy and uneven, but it was far better than yesterday, and probably better than it looks...

Yesterday the market posted 1-day overbought internals, which typically means we’re in for a consolidation the next day, or at...

After bullish consolidations in the major averages yesterday, price broke out of them today with the benchmark S&P-500 index gaining...

After a weak start last week, on Friday the S&P put in a weekly bullish hammer by Friday’s close, and...

The market has been bearish all week, in fact trading like a typical bear market, or maybe a bit worse...

The session started on a strong note for the market as the S&P 500 rallied as much as +1.9% amid...

The S&P fell below $4k in a broad-based retreat today, although led by the Growth stocks (-4.1% vs. Value -2.8%)...

I have to say that I’m not fond of hyperbole when it comes to market analysis, but if there ever...

The S&P was down about -0.6% at session lows, then rallied 3.0% after Fed Chair Powell said the Fed was...

I can’t say today was the most impressive day in equity land, but we did get some follow through from...

The first trading day of the month had picked up where April left off — the path of least resistance...

U.S. stocks posted solid gains despite the first quarter of contraction in GDP, a second quarter is needed to confirm...

I’m going to keep tonight’s post brief. I had to go to the dentist for an emergency after the market...

There is simply no shortage of incredible developments today, on a day when bond yields dropped further for a second...

After a weak close in the U.S. on Friday, Asian/Chinese equities started the week in a virtual bloodbath with the...