Category: Daily Wrap

It was another wholesale panic day, scrambling to cash. The S&P 500 fell 5.2% on Wednesday, although it did drop...

The market held gains today on monetary stimulus measures, and more so the possibility of an estimated $1 trillion fiscal...

In the weekend video I demonstrated how central banks lose their potency at this stage of the cycle. I couldn’t...

Less than 5 years the Fed funds rate moved from ZIRP into positive territory, but tonight the brief journey toward...

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Each of major indices dropped more than 9% today as new bazooka stimulus measures from the Fed failed to lift...

9:36 p.m. ET President Trump has ordered a complete travel ban from European nations for the next 30 days (beginning at midnight...

The World Health Organization officially declared COVID-19 as a global pandemic, and with no stimulus plan enacted from Washington, the...

The stock market rebounded about 5%, while Treasuries pulled back sharply in Tuesday’s volatile session as investors weighed the possibility...

As you might imagine, there are a lot of records shattered today. I’m not going to rattle them all off...

It’s another ugly, and historic Sunday evening. Corona virus cases have surged again around Europe and in the U.S. In...

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Today was a very ugly day and it’s not because the Dow as down nearly a thousand points, that’s to...

Joe Biden’s Super Tuesday performance over Bernie Sanders lifted index futures overnight and sent Health care stocks and the sector...

These are historic times for the market. Today’s emergency Fed rate cut was only the 9th emergency cut in history...

The S&P posted its first gain since February 19th. The Dow Industrials outperformed with a +5.1% gain. From this weekend’s...

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The market found no solace in President Trump’s Wednesday night press conference. Index futures started to decline as the press...

Buyers briefly had control this morning as the S&P 500 advanced as much as +1.7% with all 11 sectors green,...

It may seem like there’s a lot to say on a day or week like this, but in truth all...