Category: Daily Wrap

The S&P 500 and Nasdaq Composite closed at record highs as investors reacted positively to news that the U.S. and...

The FOMC voted unanimously to leave the target range for the fed funds rate at 1.50-1.75%, as was widely expected....

The market today summarized in a few words… Treading water. Perhaps due to the Fed policy decision and the Consumer...

The averages closed modestly lower, but also at session lows amid a lack of buying conviction. Buyers (likely technical) did...

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Despite a couple of trade headlines producing low conviction moves (positive and negative), the day was a dull and mixed...

The stock market did more or less what was expected for today, filling in yesterday’s gap. I expected it to...

The S&P 500 lost as much as 1.4% on Tuesday after President Trump suggested a trade deal with China might...

Well that was not a typical slow Monday. I have a lot of charts for you tonight. S&P futures were...

Sorry this is so late. My editing software is on the fritz, I spent most of the weekend dealing with...

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Today the major averages traded down to retrace all of the post FOMC knee jerk gains. Most asset classes including...

The S&P 500 set a marginal new record high as the Fed cut rates for the third time this year...

The S&P 500 set new record highs on Monday as trade sentiment remained upbeat. Echoing U.S. reports Friday, China’s state-run...

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Beyond earnings, there was a lot to digest in economic and macro headlines, none of which had an effect on...

Today started with disappointing quarterly results and guidance from Caterpillar (CAT +1.2%) and Texas Instruments (TXN -7.5%), but the broader market was able...