Daily Wrap
Monday night and Tuesday morning S&P futures were down as much as 2% after the Treasury Department labeled China a...
Daily Wrap
China retaliated against President Trump’s tariffs by potentially starting a currency war in allowing the yuan to weaken beyond the...
Weekend Video Update
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Daily Wrap
The last 24 hours of price action has been borderline manic. Yesterday the S&P dropped -1.9% after the FOMC. This...
Daily Wrap
The Fed cut the fed funds rate by 25 basis points as expected. They also ended the balance sheet roll-off...
Daily Wrap
The major averages ticked down today with overnight session weakness following through on Monday’s weakness. President Trump alleging that China...
Daily Wrap
The last 8 Mondays have been very quiet, dull days. Two weeks ago the S&P put in a record high...
Daily Wrap
The gist of the day can be summed up as the market was disappointed in the European Central Bank (ECB)...
Daily Wrap
The theme of the day was the market took bad news as good news, or just ignored bad news and...
Daily Wrap
Positive earnings set the early tone, as well as global stocks up, especially in Europe. Most of the day was...
Daily Wrap
Price action today was remarkably similar to last Monday’s very narrow range and light volume, with the exception of large...
Video Update- S&P and Sectors, Gold and Silver
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Daily Wrap
While there were fundamental (earnings) and technical developments today, nothing mattered more than dovish Fed commentary that bolstered expectations for...
Daily Wrap
The last 4 days have been quite an adventure. Last Friday the market put in impressive performance (except for volume)....
Daily Wrap
While much more interesting and volatile than yesterday’s price action, on the whole today’s price moves in the averages were...
Daily Wrap
Earning’s season officially kicked off today with Citigroup (C -0.1%) reporting better-than-expected results, but the response was underwhelming as some...
Weekend Video Update
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Daily Wrap
The S&P 500 and Dow Jones Industrial Average closed at record highs on Thursday. The NASDAQ closed lower and small...
Daily Wrap
This morning Fed chair Powell’s prepared remarks were released at 8:45 a.m. The market’s response before the open was immediate...
Daily Wrap
The market has spent the start of the week idling on very low volume, with very low conviction trade. The...