Daily Wrap
This week kicked off earnings season. We should expect surprise price moves on individual daily results until we get a...
Daily Wrap
After a very quiet day Monday (equity markets probably should have been closed with bond markets), there was a lot...
Daily Wrap
Monday’s are usually pretty dull. Today’s price action was even duller than normal and did nothing to alter the sell-the-news...
Daily Wrap
Last night the overnight session started with a sharp sell-off following South China Morning Post reporting that no progress was...
Daily Wrap – Bear Flags
Like yesterday, the market was up on more ridiculous trade-deal hope. Like yesterday, the market saw the bright side of...
Daily Wrap
Just yesterday I noted investors continuing to buy meaningless trade talk comments. “Trade optimism has been injected into the market...
Daily Wrap
Today’s price action was indecisive and dominated by trade talk speculation, hope and indecision— the gymnastics of the market’s trade...
Weekend Video Update
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Daily Wrap
The averages dropped between -1.1% and -1.5% after the ISM Non-Manufacturing Index for September came in weaker than expected, but...
Daily Wrap
The S&P fell 1.8% in a second day of deleveraging. In today’s economic data, private-sector jobs growth was modest in...
Daily Wrap
Weak manufacturing data for September revived growth concerns that forced investors to reconsider valuations today. Overnight South Korea’s CPI registered...
Daily Wrap
The market ended higher today to end the third quarter. After retracing September’ gain last week, today’s market gains saved...
Weekend Video Update
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Daily Wrap
Price action over the last week has been very expressive on an intraday basis (flags, etc), the price trend has...
Daily Wrap
The averages got in a decent bounce today as the release of the transcript of President Trump’s call with the...
Daily Wrap
The market had plenty to deal with today from trade talk optimism on old news, to a hard-lined speech from...
Daily Wrap
The S&P closed flat today in a mixed and tight ranged session. The S&P spent the day consolidating in a...
Weekend Video Update
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Video Update
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Daily Wrap
On the surface of things today was another quiet looking day with the S&P closing flat on light volume. Under...