Category: Daily Wrap

There were no changes in rate cut expectations following this morning’s data, which suggests, as posted in the A.M. Update,...

We’re 1-day into Q2 and inflation was the dominant theme today. The February Personal Spending and Income report, released Friday...

First, summing up the day as a lack of conviction is an overstatement. Of course we are heading into an...

Today was a little different than yesterday. The theme of quarter end dynamics was still front and center, just at...

There weren’t any major tier 1 economic data points today, but what economic data we did get was mixed. “Soft”,...

Today was a quiet day with the highlight being not-so-great New Homes Sales and a weaker than hoped, Dallas Fed...

***A quick message. It’s rare for me to miss a Daily Wrap, but tonight there will be no DW post....

2:50 p.m. ET ***First a quick message. It’s rare for me to miss a Daily Wrap, but tonight there will...

The stock market finished strong today, leaving some major indices at fresh record highs. The S&P 500 closed above 5,200...

I mentioned I read a note from Goldman Sachs earlier this week in which they felt that Nvidia’s big reveal...

The stock market had its best moments in the first hour of trading, and then it faded from those best...

It’s been a week! It’s been a chaotic week. We’re seeing the volatile chop in price. As suspected earlier, the...

Index futures gained a bit overnight, but weak macro-data spoiled it. The Producer Price Index came in hotter than expected....

The stock market had a mixed showing . Today was a complete flip-flop of yesterday’s dynamics when just about everything,...

This morning’s CPI report was front and center. February CPI was up 3.2% from a year earlier, and core prices...

Today’s trade is pretty simple to sum up… Consolidative-like activity with a bearish bias, following through on Friday’s selling of...

Please take a moment and check out this short video clip.   If you have time this weekend, I’d love...

NASDAQ is the most important index right now, and it’s looking worse than the S&P. The Dow is in a...

First things first… Please take a moment and check out this short video clip.   Feel free to send me...