Daily Wrap – Next Friday Is Shaping Up To Be Pivotal
The averages were mixed with most ending lower in a duller session. Nasdaq-100 ended with a small gain with Alphabet’s...
Daily Wrap – Another Big Broadening Formation? Looks Like It
The stock market posted its strongest session of the week, despite Texas Instruments (TXN -13.34%) earnings after Tuesday’s bell. Most...
Fed Chair Powell Referred to DoJ For Criminal Charges
The market open provided evidence validating my suspicions that dealers had a thumb on the scale with an eye on...
Big Update: The Market; Opportunities; Concepts and Ideas
This post was meant to be one thing, but I found there was a lot I wanted to share. Hopefully...
Daily Wrap – Short Term Prices Coming To A Head Into Op-Ex; Got Metals?
Wednesday afternoon the market turned around after successfully testing down toward SPX $6200 (and Trump’s denial of a direct effort...
Daily Wrap – A New, Potentially Very Dangerous Wrinkle Is Introduced
In many ways today’s market performance was the mirror opposite of yesterday. For instance, the Technology sector was the only...
Market Shock: Tariff Inflation Upends Fed Rate Cut Hopes
I had an emergency to tend to after the close. This was going to be a briefer summary given that...
Daily Wrap
Weekend tariff headlines (30% tariffs on Mexico and the EU) got the session off to a soft start, but the...
Daily Wrap – Daily Rotation Still Going Strong; Today Was Value’s Turn
The week’s daily gyrations between growth and value remain intact. Today it was Value’s turn, bolstering Small Caps. It’s worth...
Daily Wrap -Sharply Lower Rates Support Mega Caps, But What About Semis?
The stock market started today on a higher note supported by a sharp pullback in yields. The market followed the...
Daily Wrap – Back on Rate Watch
While many view a lackluster market day as uneventful, I find these slow days to be the most demanding, often...
Daily Wrap – Starting To Get Frothy
Since the July 3rd holiday half-day, it’s been a whirlwind: the Big Beautiful Bill was signed, Tariffs 2.0 letters rolled...
Daily Wrap – Q3 Rotation
The major averages traded modestly higher although mixed. Today was a little bit of a correction of yesterday’s very intense...
Daily Wrap – Quarter Starts With Rotation
Today was the first trading day of the third quarter and suspicions related to window dressing and rotation at the...
Daily Wrap – Something Stood Out
The S&P 500 and Nasdaq extended record highs set on Friday. Most of the day was a dull affair with...
Daily Wrap – Growthy Feel
There was evidence in today’s trade consistent with more quarter end window dressing activity, but there was an additional takeaway...
Daily Wrap – Whiffs of Quarter End Deception Are In the Air
The S&P 500 started today’s session -0.9% short of its all-time high, and that’s where it ended the session– flat...
Markets Ride the Relief Rally Wave Post-Ceasefire
The Middle-East ceasefire spawned a broad-based relief rally. In the summary section of yesterday’s Daily Wrap – Ceasefire? I wrote, “I...
Daily Wrap – CeaseFire?
The stock market saw some roller-coaster action today that followed developments related to the Middle East conflict. I’m not going...
Daily Wrap
Sorry this post is so late, but the market is closed tomorrow and I have some things to share that...