Category: Daily Wrap

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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Stocks’ record run hit a wall of selling today. There were no macro catalysts attributed to today’s steep decline, however…”Changes...

The S&P and NASDAQ ended with new closing highs in a broad-based advance. With 10 of 11 S&P sectors higher,...

Mega-caps dominated the market action again for the first day of September. More specifically, Apple (AAPL +4.0%) rising 4% after...

The market finished off the month of August – seasonally one of the worst months – with a speculative bang....

I was going to post a few closing charts, and then I thought, “I’d like a 2-day weekend”. The videos...

The S&P 500 gained 0.2% today, closing at another marginal record high and touching the 3500 level for the first...

Another day and another record high for the NASDAQ and S&P with some astonishing gains in the mega-caps. As a...

The S&P 500 and Nasdaq Composite rose to fresh record highs on Tuesday as the market found continued support in...

The S&P and NASDAQ rose to new record highs today as sentiment was boosted as President Trump announced Sunday night...