Category: Daily Wrap

Tonight’s post will be shorter than normal for the simple fact that not much happened of consequence. Additionally, participation is...

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The S&P 500 closed above the 3200 level for the first time on Thursday in a modest 0.4% advance. Starting...

The stock market finished mixed and little changed. Since Monday afternoon, the overall market across multiple asset classes has shown...

This morning before the open, I noted that the trade deal that was said to be done on October 11th...

The initial reaction to the trade deal was muted on Friday, so today, according to investment banks, was less about...

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The S&P 500 and Nasdaq Composite closed at record highs as investors reacted positively to news that the U.S. and...

The FOMC voted unanimously to leave the target range for the fed funds rate at 1.50-1.75%, as was widely expected....

The market today summarized in a few words… Treading water. Perhaps due to the Fed policy decision and the Consumer...

The averages closed modestly lower, but also at session lows amid a lack of buying conviction. Buyers (likely technical) did...

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Despite a couple of trade headlines producing low conviction moves (positive and negative), the day was a dull and mixed...

The stock market did more or less what was expected for today, filling in yesterday’s gap. I expected it to...

The S&P 500 lost as much as 1.4% on Tuesday after President Trump suggested a trade deal with China might...

Well that was not a typical slow Monday. I have a lot of charts for you tonight. S&P futures were...

Sorry this is so late. My editing software is on the fritz, I spent most of the weekend dealing with...

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Today the major averages traded down to retrace all of the post FOMC knee jerk gains. Most asset classes including...