Category: Daily Wrap

From last night’s Daily Wrap “What tends to be the most important is not whether yields are rising or not,...

Index futures initially gained overnight, but fell sharply in pre-market around 8 a.m. ET with relative weakness in the mega-cap...

After the S&P and NASDAQ closed lower 5 consecutive days, it seemed like the market was getting short-term oversold, but...

The February rally off the S&P’s 50-day is running into trouble over inflation concerns amid unbridled monetary stimulus from the...

The S&P fell -0.45%, although off the worst leves of the day down -1.2% in the morning. Small Caps displayed...

Index futures took a tumble in pre-market after a hotter than expected Producer Price Index reading. The market has been...

The week was set for a positive start. The MSCI World Index (+0.25%) posted a 12th consecutive day of gains...

Index futures started the day modestly higher. There was some notable early weakness led by small caps and Micro Caps,...

The major averages started the day higher after a weaker than expected inflation report before the open. However, shortly after...

It seems like volatility yesterday (Monday) was picking up on something as the S&P’s 6-day rally off its 500-day moving...

Despite strong follow through performance from stocks today, the real story was Tesla(TSLA +1.3%) buying $1.5 bln. of Bitcoin with...

After losing price momentum yesterday, the S&P continued its 4-day bounce off the 50-day to make a new record closing...

The stock market finished pretty much unchanged and mixed, despite strong earnings from Alphabet and Amazon. Ironically given the mega-cap...

After the worst week since September, the averages have seen the biggest 2-day jump since the election. However, volatility’s 3C...

The new week and month got off to a more volatile start than what the just the cash market alone...

The market rebounded from its worst day since October and a textbook 1-day oversold condition as the short squeeze mania...

Today was the biggest down day for the averages since October with the major averages falling more than 2%, right...

The overnight session was volatile with index futures initially dropping after Asian stocks saw their biggest slide in 2 months...

Today was a volatile session in which gains in defensive sectors and mega-caps offset losses in cyclicals. The session started...

Several of the Mega-cap tech stocks continue to provide leadership that disproportionately benefits the NASDAQ, even though if their massive...