Daily Wrap
The S&P 500 declined as much as 0.6% shortly after Monday’s open as tensions escalated in the Middle East, but...
Daily Wrap
The market’s risk sentiment was strong today as global stock markets started 2020 off with a rally. Chinese stocks rallied...
Daily Wrap
There was little news of consequence to generate excitement in the market, although it was reported that China’s Vice Premier...
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Daily Wrap
The Nasdaq Composite closed higher for the 11th day in a row and rallied +0.8% to cross the 9000 level...
Daily Wrap
Tonight’s post will be shorter than normal for the simple fact that not much happened of consequence. Additionally, participation is...
Daily Wrap
The S&P 500 closed above the 3200 level for the first time on Thursday in a modest 0.4% advance. Starting...
Daily Wrap
The stock market finished mixed and little changed. Since Monday afternoon, the overall market across multiple asset classes has shown...
Daily Wrap
This morning before the open, I noted that the trade deal that was said to be done on October 11th...
Daily Wrap
The initial reaction to the trade deal was muted on Friday, so today, according to investment banks, was less about...
Daily Wrap
The S&P 500 and Nasdaq Composite closed at record highs as investors reacted positively to news that the U.S. and...
Daily Wrap
The FOMC voted unanimously to leave the target range for the fed funds rate at 1.50-1.75%, as was widely expected....
Daily Wrap
The market today summarized in a few words… Treading water. Perhaps due to the Fed policy decision and the Consumer...
Daily Wrap
The averages closed modestly lower, but also at session lows amid a lack of buying conviction. Buyers (likely technical) did...
Daily Wrap
Despite a couple of trade headlines producing low conviction moves (positive and negative), the day was a dull and mixed...
Daily Wrap
The stock market did more or less what was expected for today, filling in yesterday’s gap. I expected it to...