Category: Daily Wrap

The S&P extended its losing stream to a rare 4 sessions, the longest losing streak since June. Relevant news included...

Yesterday afternoon it looked like we had a little more downside to go, “With 8 of 11 sectors lower and...

While it was a fairly weak day for stocks (and bonds and crypto), the NASDAQ did manage to eke out...

Today was another relatively quiet, uninspired day ahead of tomorrow’s Payrolls. This is exactly what I expected yesterday. “the day...

NASDAQ eked out a record high to start a September that has been surprisingly slow for stocks. New money flows...

The S&P ended August with  the seventh straight monthly advance — the longest winning streak since January 2018 which ended...

Today’s soft Dallas Fed survey’s collapse confirms the recent trend of ‘soft’ survey data catching down to hard data. source:...

The market’s rebond momentum has halted as Jackson Hole starts. Today was a bit of a rough day for the...

The NASDAQ and S&P eked out new closing highs again on conspicuously low volume. Buyers appeared slightly more interested in...

The S&P 500  and NASDAQ rose modestly on Tuesday, setting intraday and closing record highs in a tame session. The...

The theme of the day was last week’s worst performing stocks, sectors and groups ( as well as commodities) were...

The Large-Cap indices closed mixed, but little changed. Small Caps had a horrible day as did Dow Transports. Yesterday’s weak...

The day started off with very low conviction trade, mixed sector performance and internals. Even after the July FOMC minutes...

The stock market struggled on Tuesday, with the S&P 500 and Dow Jones Industrial Average snapping five-session winning streak and...

The S&P 500 and Dow Jones Industrial Average eked out intraday and closing record highs on Monday after being down...

The two main themes today were today’s Producer Price Index showed inflationary pressures in stark contrast to yesterday’s Consumer Price...

Today was a fairly big day for headlines and economic data. Closely watched CPI (inflation) data came in as expected,...

I’m sorry to say that due to a family emergency there will be no daily wrap tonight. I’ll be back...

On the day the stats look like a slow, dullish day lacking conviction, but there were fireworks under the surface...

Despite a tough session, and some ugly price action Wednesday afternoon in the Dow, and weaker looking credit, I said...