Category: Daily Wrap

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The market found no solace in President Trump’s Wednesday night press conference. Index futures started to decline as the press...

Buyers briefly had control this morning as the S&P 500 advanced as much as +1.7% with all 11 sectors green,...

It may seem like there’s a lot to say on a day or week like this, but in truth all...

The headlines today are that stocks had their worst day in 2 years due to a rapid spread of Corona...

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Early in last night’s overnight session index futures gained a quarter of a percent on the latest corona virus stats,...

The day’s narrative is that investors remained optimistic about the global economic outlook despite the coronavirus. Today’s optimism sprung from...

Apple (AAPL -1.8%) made good use of the U.S. holiday to declare a revenue warning due to the coronavirus, after...

The market’s bullish narrative over the past few days has centered around reports that had indicated that the rate of...

The major averages extended the last 2 weeks’ gains. The narrative of the day was shaped by reports from China...

Today’s rally followed improving tone among multiple asset classes Monday night. From the overnight section of last night’s Daily Wrap,...

Index futures gave an early hint as to where the market’s attention would be focused today… on China returning from...

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The major averages added to the week’s gains with Dow, S&P and NASDAQ posting new record closing highs. They do,...

The averages (with the exception of small caps) recouped virtually all Corona virus related losses as of today, and in...

The People’s Bank of China pushed out massive liquidity for the second day in a row, or the second time...

China’s cash market re-opened and fell sharply as expected after being closed last week for the Lunar new year. China...

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The S&P 500 was down as much as -0.9% on Thursday on growth concerns attributed to the coronavirus outbreak. However,...