Category: Daily Wrap

Today was another fairly lackluster session in the stock market. Pre-market did get off to a decent start in retracing...

There was an underlying negative bias driving today’s trade with decliners outpacing advances, and 9 of 11 S&P sectors trading...

Yesterday we saw an attempt to rotate into beaten down and unloved Value stocks just several days before the end...

This is the final trading week of the month, the quarter and H1 (the first half of the year). I’ve...

This morning’s pre-market economic data was bad, from Housing data, to Initial Jobless Claims and the Philly Fed. The Bloomberg...

Today was a bit dull, presumably due to tomorrow’s holiday, but the major averages all managed small gains. Dow Transports...

Today’s trade in stocks was somewhat mixed despite a solid showing at the index-level. Gold pulled back fairly sharply and...

The equity market saw 2-way action today, despite a cooler than expected Producer Price Index and surging Initial Jobless Claims,...

You might have noticed I didn’t post as much as usual today. I’ve had a 103f-104f fever most of the...

Like yesterday, the market started out on the weaker side and improved modestly as the day went on. A big...

12:15 p.m. ET The stock market opened to broad based selling activity. Decliners opened with a better than 4-to-1 lead...

The stock market started the new week with losses, but ended the session with gains. Moves in both directions were...

One day after the Nvidia-led rally, the major averages barely moved today with the S&P closing essentially unchanged (-0.02%) ahead...

The equity market and several other asset classes have had a deflationary (read as “recessionary”) feel this week. I warned...

As I wrote yesterday in relation to the deflationary feel of the market (yields, dollar and crude down, while gold...

Asia and Europe started the new month with a positive bias, as did U.S. index futures on the back of...

Yesterday afternoon, after noting a positive divergence in the DIA (and to a lesser extent Small Cap IWM),  I wrote:...

Stocks had a poor showing today with broad-based selling in what has been a fairly non-stop round of selling since...