Daily Wrap – Still Deleveraging Large Cap Tech
After yesterday’s close at session lows, the averages had a weak start with NASDAQ-100 falling -1.65% in the first 45...
Daily Wrap
Over the last month or so I’ve written many times that this earnings season has a higher bar to impress...
Daily Wrap – 3C… “Compare, Compare, Compare”
Recall that yesterday market internals came in at 1-day overbought,, and not by the small margin that we have often...
Daily Wrap
After last week’s slide in mega caps and semis, both saw gains today, as did semiconductors. At the end of...
Video Update
I hope you’re having a fantastic weekend so far. Here’s my follow-up of last weekend’s video. The red flag on...
Afternoon Update
You know the levels I’m watching. They’re not looking great as of the close. I suppose CrowdStrike (CRWD -11.1%) caused...
Daily Wrap – The Path Forward
I’ve got a lot for you tonight. This morning S&P futures (+0.3%) were higher and NASDAQ-100 futures as up +0.8% as...
Daily Wrap – Falling Three Methods… FELL
Today was a mixed day if you can believe that, but most of the market was down. As 3C charts...
Daily Wrap & Video Update
I’m going to try something a little different tonight. Please give me your feedback. I know the audio is not...
Daily Wrap
I would say the three main drivers to today’s trade were 1) the continuation of Small Caps trying to rotate...
Afternoon Update
We’re headed into the close and these posts take some time, so I’m just going to put this together in...
Daily Wrap – A Big Whacky Day
Sorry for the late hour, but there’s a LOT to share today. Today saw a mixed market. Big Tech and...
Daily Wrap – Yet Another ABI Signal As S&P and NASDAQ Make New Record Highs
The stock market put in an impressive performance today. The market’s tone this week of low conviction ahead of tomorrow...
Daily Wrap – Another ABI Signal
It was another lackluster day in the stock market, evidenced by lower than normal volume. The morning started out with...
Daily Wrap – Another ABI Close Below 14
The post-July 4th weekend session was fluid with changes in sector and style factor preferences throughout the session and some...
Afternoon Update
It’s a mixed day, the S&P up about a half percent, NASDAQ-100 up +1%, but the DJIA just +0.2%,...
Afternoon Update – Volatility Starting To Act Up
The equity market closed at 1:00 p.m. ET . The Treasury market closed at 2:00 p.m. ET. Markets are closed...
Daily Wrap – Another ABI Signal
The stock market ended the session on an upbeat note. The major indices all closed near their highs of the...
Daily Wrap
Today was a dullish day at the index level. Mega-caps saw early weakness with Nvidia, but recovered with Nvidia to...