Category: Daily Wrap

We’ve seen a lot of historic things over the last 2 months, today was another historic day. WTI crude futures...

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The stock market closed mixed as investors responded to another round of weak economic data by continuing to buy shares...

It’s funny to watch CNBC. Tuesday everyone wanted to buy everything. The bottom was in as far as everyone was...

Index futures got a lift overnight on better-than-feared trade data from China. Stocks continued to express optimism in an economic...

The S&P fell 1% today. While a fairly small pull back considering last week’s gains, it does follow in the...

Happy Passover and Happy Easter. The theme of the week was from worst to first. The market rallied strongly on...

The averages revisited, or tried to revisit intraday highs from Tuesday after a brief consolidation. The market narrative and optimism...

Stocks jumped out of the gate this morning after markets across Asia and Europe had another good showing overnight. The...

The averages put in 7+% gains to start the shortened trading week (Good Friday holiday). Over the weekend US President...

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After a day like this, it’s time for a bear or glass of wine. Initial claims spiked by 3.341 million...

Another record breaking stat, today was the worst start to a quarter since 1932 (the Great Depression). Wall Street’s “narrative”...

The Dow just closed out its worst first quarter ever. Crude’s 66% crash was its worst quarter ever. VIX saw...

One of the bullish narratives going around is pension fund reallocation, with expectations of $150 bln in flow into month/quarter...

9:22 p.m. ET Good evening. Just a quick update… At this afternoon’s COVID 19 briefing, President Trump extended the virus...

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The S&P 500 extended its weekly rally by 6.2% on Thursday after the Senate approved the $2 trillion fiscal stimulus...

An agreement on the stimulus bill was reached in the early hours of the morning, but a vote in the...

The market surged higher today as news that the elusive fiscal stimulus package was close to being agreed to in...