Category: Daily Wrap

The first half of the day was dominated by earnings in the typical FOMC drift with a modest upward bias,...

Today was the correction/consolidation I suspected we’d see as of last Friday… ” …my suspicion is that we see some...

The large-cap indices lost more than -1.5% on Monday in a nearly perfect second leg decline as the outbreak of...

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Asia/China had an ugly end to the week (China closed Friday). China’s markets were unnerved after the country locked down...

Index futures’ gains before the open were said to be due to better-than-expected existing home sales for December, 2) an...

Headlines about the Coronavirus outbreak prompted risk aversion in Asian markets and Index futures Monday night. It is worth pointing...

The first full day after the trade deal was signed was risk-on from start to finish, at least in equities....

Futures reflected a more risk averse tone before the open in line with global equity markets. White House economic adviser...

The day and earnings season began with  JPMorgan Chase (JPM +1.2%), Citigroup (C +1.6%), and Delta Air Lines (DAL +3.3%) coming in with better-than-expected...

After a bearish engulfing candle close following a disappointing Payrolls report on Friday, stocks came out of the gate with...

The market extended Wednesday’s relief rally amid gains across all 11 S&P 500 sectors. The S&P-500, Dow Jones Industrial Average...

Iran fired more than a dozen ballistic missiles against U.S. and coalition forces in Iraq, which immediately sent equity futures...

The open was a bit ugly this morning, it may have been in response to funding stress reemerging in the...

The S&P 500 declined as much as 0.6% shortly after Monday’s open as tensions escalated in the Middle East, but...

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The market’s risk sentiment was strong today as global stock markets started 2020 off with a rally. Chinese stocks rallied...

There was little news of consequence to generate excitement in the market, although it was reported that China’s Vice Premier...

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The Nasdaq Composite closed higher for the 11th day in a row and rallied +0.8% to cross the 9000 level...