Category: Daily Wrap

A few days of reflation enthusiasm in stocks and bonds on stimulus hopes hit a brick wall this afternoon. The...

Monday’s trade had a distinctly reflationary risk-on bias, although the catalyst is uncertain in my view. Remember it was just...

The stimulus bill has been the market’s focal point this week. The session highs for the S&P 500 (+1.0%) came...

The S&P ended a negative September on a high note, and a positive for the 3rd quarter. The S&P ended...

The Dollar pulled back a little more today, but the S&P had a lackluster session with technical resistance after three...

Global markets rallied and the S&P built on Friday’s gains with a broad-based advance evidenced by Small Caps’ outperformance. All...

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Stocks managed to eke out a gain after a choppy session dominated by the U.S. Dollar. The S&P managed to close...

Yesterday’s market bounce was not that impressive, but it wasn’t expected to be. It was potentially the start of the...

One of the reasons I bought S&P-500 (long) exposure yesterday afternoon was because of the extreme short-term oversold condition and...

After 3 consecutive weeks down, global markets started the week on a bad foot. Political, trade and COVID uncertainties all...

It appears the market came away from the FOMC with the same impression I did, “Not dovish enough” and questioning...

Today started with more of the rotation seen this week between mega-caps/NASDAQ and value/Small Caps with the latter outperforming the...

There was a hint of the rotation dynamic between small caps and NASDAQ again today. Yesterday it was Small Caps...

Corporate merger and acquisition deals (Merger Mondays) and positive vaccine news stoked positive sentiment to start the week, but only...

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Today was yet another volatile day that started with a choppy overnight session. NASDAQ futures were down 1% before the...

The market put in a broad-based rebound today after trading down to technical support levels with extremely short-term oversold conditions...

Today’s selling was a continuation of last week’s, but unlike Friday’s effort to put the best face on the market...

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