Category: Daily Wrap

The day started with mixed economic data including a huge miss in the ADP Jobs report, ahead of the Non-Farm...

The market faded a positive start like yesterday, the major averages all completed 2nd legs lower between a bearish consolidation...

August has a tendency to have a negative seasonal bias, but the first few days of any month tend to...

Stocks rallied with a pro-cyclical bias. The advance was supported by a number of factors including both good and bad...

Unlike Monday night when futures had an increasingly defensive look (followed by a plunge in Chinese equity markets), last night...

Chinese tech stocks were a bloodbath again as Beijing’s crackdown deepens and Chinese ADRs continued to get smacked amid regulatory...

The benchmark S&P-500 Index extended its rally to a 3rd day, but as posted earlier (Loss of Momentum), the +0.2%...

The stock market extended its oversold/technical rebound to a second day as economic concerns surrounding the Delta Covid variant continued...

We got a textbook oversold technical bounce today and a pretty impressive one. Index futures were up this morning. There...

The stock market declined sharply today with index losses ranging between 1.1% (NASDAQ Composite) and 2.1% (Dow Jones Industrial Average),...

Today was a bit of a different day as mega-caps that have supported the market since mid-May as bond yields...

The S&P gained a tenth of a percent (+0.1%) in a defensively oriented session. The Dow Jones Industrial Average also...

The main point of focus today was the Core CPI coming in at the hottest in 30-years. This prompted an...

The S&P, Dow and NASDAQ-100 made new record closes again today with modest moves of less than a half percent,...

Peak growth concerns that have pestered the market all week were in sharp focus today. The negative bias was formed...

The S&P 500 gained 0.3% on Wednesday, setting another pair of intraday and closing record highs in a mixed session...

Last Friday the S&P closed at a new record high for the seventh consecutive day, the longest such streak since...

Despite, the headline Payrolls report beating expectations (with a handful of disappointing misses within), the report has been interpreted by...

The S&P set its sixth consecutive record high on a fairly broad-based advance with a bias toward value style factors....