Category: Daily Wrap

Mega-caps led NASDAQ lower, and NASDAQ led the broader market lower, while safe-haven assets like bonds, the Japanese yen and...

Today started mixed with little theme, and continued the rest of the day with similar dull tone. For most of...

There were quite a few themes today, some realted, some unrelated, some contrasting or contradictory, some repetitive and just treading...

The defining theme last week was rotation out of mega-cap Technology and NASDAQ, and into value/cyclicals that benefitted Small Caps,...

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Shares of mega-cap technology stocks weighed on the market today in a very low volume session. The Technology sector was...

In the summary section of last night’s Daily Wrap, I talked about rotation from mega-caps to value. “I suspect money...

***This website’s host had a backout across much of the U.S. I spent the afternoon trying to find a workaround....

Index futures had a rough overnight/pre-market session with S&P futures down -0.8%, but were saved in pre-market by the latest...

In a near carbon copy of yesterday, stocks were bid up at the open and again at the close. The...

Averages Small Caps outperformed on the back of an opening short squeeze and leadership from Regional Banks amid very modest...

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Summarizing Wednesday’s trade from last night’s Daily Wrap,  “Price action ended the day trading in small bearish flag consolidations suggesting...

Investors are getting anxious that the resurgence in virus cases in multiple states will hamper the economic recovery. Data showed...

Last week market legend, Jeremy Grantham said, “‘My confidence is rising quite rapidly that this is, in fact, becoming the...

Stocks fell Friday on the heels of various virus headlines and Apple’s decision to re-close some stores in sates with...

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I posted the Afternoon Update earlier covering the issues I see. Primarily, is the S&P’s consolidation since Tuesday morning a...

Today was one of the quietest and narrowest ranges of the year. Initial jobless claims for the week ending June...

Index futures started the day with modest gains, but gave back most by the cash open. The S&P extended Tuesday...