Category: Daily Wrap

The first day of the new month was mixed across averages and sectors, supported by narrow mega cap leadership. Like...

Sensing that the market overestimated Sunday’s trade developments and suspecting last night’s U.S./China trade talks might be a sell the...

The stock market had a rather eventful session ahead of the FOMC, then things got interesting. I noted yesterday, “I...

Tech stocks, and virtually Tech stocks alone, led the market amid horrendous breadth, even in the leading Technology sector. Some...

Over the weekend, U.S.-China trade negotiators met in Malaysia to prepare for the October 30 Trump-Xi summit. Both parties reported...

Tech and Mega cap stocks rebounded to retrace yesterday’s losses, as earnings played another influential role in day-to-day sector performance....

Today wasn’t a great showing by the stock market, but it was orderly. Earnings continue to play a role in...

Following yesterday’s 1-day overbought internals signal and breadth oscillators resetting from oversold (Thursday) to overbought (Monday), the S&P 500 and...

The market benefitted from quiet weekend with no new China tariffs, and a sense of optimism over U.S.-China trade. President...

The market went from Monday’s broad-based relief rally, to Tuesday’s overly optimistic short-squeeze in consumer cyclicals, to Wednesday’s more defensive...

I’m not even touching the cornucopia of China/U.S. trade tussle headlines today—or the Fed speakers, for that matter. Sure, they...

Yesterday I wrote that I thought a Falling Three Methods candlestick pattern was the highest probability, but added, “Of course...

Friday’s widespread sell-off—sparked by President Trump’s threat of 100% tariffs on Chinese imports in retaliation for Beijing’s stricter rare earth...

One of the more notable events today was something I’ve warned of in recently… the U.S. Dollar index breaking out...

You may recall me, “Stranger Signals” video, covering some of the signals we’re seeing now, but posted on July 14,...

There’s a lot to take in today. As forecast for the last few weeks, Gold futures hit $4,000. The AI...

As of a few weeks ago it was still up in the air, whether investors would embrace the Fed rate...

The earlier value related, procyclical defensive bias is still in effect while the three mega cap heavy sectors sit at...

I’ve been busy tonight. I have a lot for you. I hope you have the time to take it in....