Category: Daily Wrap

The day started a little stronger than it finished in a lackluster, tight ranged session, although the averages finished with...

For a second day the U.S. cash market open triggered a wave of selling in Small Caps and a bid...

This week in another holiday shortened week (New Years) and I’d expect volume to be light as it was today....

Over the last 7 weeks, since the initial Pfizer news on November 9th that sent the market gapping higher and...

There was a lot of economic data today, most of it missed investor expectations (i.e.- Core Durable Goods,  Personal Income...

Today was a mixed day with unusual (at least by recent standards) leadership by Small Caps and NASDAQ. The Tuesday...

Index futures kicked off the holiday shortened week on a weak note as concerns surrounding a new mutated strain of...

The main market theme today wasn’t stimulus or COVID, or economic data, but the thrashing the U.S. Dollar took after...

Looking at the end of day percent changes, it seems like little happened, but there was quite a lot of...

Monday’s internals weren’t a perfect example of 1-day oversold, but with the S&P down 4 days in a row (the...

After a pretty dull month or so of trade, there was a notable negative change in character last week. Today...

For the most part the market was mixed and little changed, although Small Caps outperformed. Index futures were weak overnight...

There seems to be some confusion as to what caused the market’s worst performance in a month today (and a...

Index futures drifted lower overnight into pre-market. At the cash open Small Caps were bid on another strong short squeeze,...

Traders are so use to the last month or so of vaccine-news Mondays pop up in futures, it seems they...

Equity market tone has been very dull most of the week, and certainly looked that way last night judging by...

The market struggled overnight and right out of the gate this morning. Disappointing ADP Employment data didn’t help in front...

Recovery optimism and decent economic data fueled a strong overnight session for index futures with follow through in the cash...

The averages had a pretty spectacular November driven by a series of vaccine headlines, but ended the month on a...

The Dow Jones Industrial Average (+1.5%) topped the 30,000 level for the first time ever aided by $14 trillion in...