Category: Daily Wrap

Price action today was remarkably similar to last Monday’s very narrow range and light volume, with the exception of large...

...

While there were fundamental (earnings) and technical developments today, nothing mattered more than dovish Fed commentary that bolstered expectations for...

While much more interesting and volatile than yesterday’s price action, on the whole today’s price moves in the averages were...

Earning’s season officially kicked off today with Citigroup (C -0.1%) reporting better-than-expected results, but the response was underwhelming as some...

...

The S&P 500 and Dow Jones Industrial Average closed at record highs on Thursday. The NASDAQ closed lower and small...

This morning Fed chair Powell’s prepared remarks were released at 8:45 a.m. The market’s response before the open was immediate...

The market has spent the start of the week idling on very low volume, with very low conviction trade. The...

Considering the news since Friday, the S&P’s half percent decline today wasn’t all that bad. There were no signs of...

...

Global markets were mixed today, most near unchanged. Index futures before the cash open were similar. As early as the...

The major averages opened sharply higher this morning after a positive outcome at the G-20, but they gave back a...

...

The market went into panicked de-leveraging today amid uncertainty over U.S.-China trade talks and escalation of tariffs. It’s pretty amazing...

President Trump said on Sunday that he will increase the tariff rate on $200 billion of imported Chinese goods to...

I have some interesting things to point out tonight. Lets first start with the normal Daily Wrap. The S&P closed...

The S&P 500 and Nasdaq Composite both set modest new closing, and intraday records today. It was a tight-ranged, dull...