Daily Wrap
Things started pretty well for index futures overnight, but quickly went south in the cash session. NASDAQ was the best...
Daily Wrap
The holiday shortened week has already gotten off to a volatile start, but there are some signs of stability as...
Early Update
10:50 a.m. ET There was a bit of selling into the open, but the S&P recouped that too, even as...
Afternoon Update
This week in some ways was a replay of last week. It started out on a good note, then around...
Daily Wrap
It was a tough day for risk assets across the board with increasingly chaotic geopolitical headlines from the US-Ukraine-Russia, the...
Daily Wrap
My view coming into this week was that we’d be likely to see a volatile, whipsawed and choppy trade in...
Daily Wrap
In last night’s post I surmised, ” I think there’s some time for the market to put in a relief...
Daily Wrap
The market remains preoccupied by hawkish Fed-speak and Russia/Ukraine tensions. The S&P 500 was trading flat midday until media reports...
Afternoon Update
The market had a good start to the week, but is ending the week lower after a hotter than expected...
Daily Wrap
While I usually cover the daily gyrations of the market, today’s U.S. Consumer Price Index (CPI) came in at a...
Daily Wrap
A couple of takeaways from yesterday’s Daily Wrap, Yesterday the market – especially growth stocks – acted way better than...
Daily Wrap
This morning had similar tone to yesterday as S&P futures were near unchanged, but appeared to be consolidating in a...
Daily Wrap
For the most part the first day of the new week was a very dull affair for U.S. stocks. However,...
Afternoon Update
The averages are heading into the final stretch holding about +2.25% gains on the week generally speaking. As touched on...
Daily Wrap
I’m going to try to abbreviate tonight’s post and keep it to that which is most relevant, which changed after...
Daily Wrap
The S&P gained for a fourth consecutive day, despite the ADP employment report falling the most since the COVID lockdown...
Daily Wrap
The market held up well today all things considered… manufacturing growth slowed more than expected and inflation came in higher...
Daily Wrap
Stocks saw their biggest drawdown in January since the COVID crash. Over the past few months you may recall a...
Afternoon Update
Monday we got seller’s exhaustion or capitulation and since then price has been in a correction (except small caps) with...
Daily Wrap
The S&P 500 lost 0.5% on Thursday, closing lower for the third straight day as investors sold into early strength...