Category: Daily Wrap

Monday and Tuesday losses were driven by concern over a flare-up in coronavirus cases around the world that could jeopardize...

The S&P declined for a second day on no specific news and no economic data. However, there is concern over...

There was little economic data to move the market, yet yields rose, large cap tech fell, and volatility outperformed despite...

***After the A.M. Update this morning, GoDaddy servers had trouble across the country including my website. You may have seen...

Growth stocks took the brunt of the selling today. Given that NASDAQ-100 looked the best before the open, the weakness...

The S&P 500 (+0.3%) set intraday and closing record highs on Tuesday, even after the FDA and CDC recommended that...

It was a fairly lackluster day in which the averages ended slightly lower within the context of a lot of...

This entire week’s theme has been a rotation/rebalancing between that which performed best last quarter (Q1) which includes cyclicals and...

Today was another narrow-ranged trading session, except Small Caps with notable relative weakness. Mega-caps provided influential support for the other...

Pushback from both sides of the aisle against President Biden’s pork-laden $2.25 trillion idea that is the ‘American Jobs act’...

Last week when the stock market was closed for Good Friday, the March employment report showcased 916,000 additions to nonfarm...

Today was the last day of the quarter. A quarter in which stocks dramatically outperformed bonds, and value outperformed growth....

Today was a rather lackluster session, although it had an ugly start. There was some rotation between Growth and Value...

The Dow Jones Industrial Average (+0.3%) closed at fresh record highs on Monday after starting the session modestly lower, while...

In last night’s Daily Wrap I talked about how I thought the averages would trade lower today, but would likely...

Today started out fairly well after Intel (INTC -2.3%) announced plans to invest $20 billion to build two semiconductor manufacturing...

The averages got off to a mixed, but largely flat start. There was an early buying surge in the S&P...

The NASDAQ-100 and large-cap Tech had a good day as long term yields continued their pullback after reaching a 14...

Just last night I wrote, “I almost always warn before FOMC days to beware the knee jerk reaction right after...

The market started out on a downbeat note, especially the NASDAQ-100 as bond yields jumped before the open. At one...