Afternoon Update -SPX Test Jan 24th Low
While safe-havens have barely reacted to ongoing Russia/Ukraine developments (the opposite of the last week-plus), equity action has been disheartening....
Market Update
2:30 p.m. ET Stocks are trading near session lows as the Biden administration is expected to expand sanctions. “The Biden...
Intraday Update – Rebounding From Geopolitical Headlines
12:12 p.m. ET The latest geo-political headlines spooked stocks a bit, but notably there’s no flight to safety trade. The...
Early Update
10:25 a.m. ET So far there are signs that 1) the market is becoming “less” obsessed with Russia/Ukraine in the...
Afternoon Update
The gist of the day was that the certainty of Russia moving into breakaway regions of Ukraine as a peacekeeping...
Off the Lows: Market Was More Worried About What Biden Could Say, Than What He Did Say
2:59 p.m. ET Biden’s address is finished. The bullet points are: imposing sanctions (imposing blocking sanctions on 2 Russian banks,...
Market Waiting on Biden
Just a quick update. President Biden was set to address the Russia-Ukraine situation at 2 p.m., that was moved to...
Intraday Update – Uncertainty Ahead of Biden Address
12:23 p.m. ET Developments are still fast and furious. Index futures are off their best levels of the day, but...
Early Update
10:50 a.m. ET There was a bit of selling into the open, but the S&P recouped that too, even as...
Afternoon Update
This week in some ways was a replay of last week. It started out on a good note, then around...
Market Update – Small Caps Looking Better
2:13 p.m. ET There’s an anxious mood ahead of the 3-day weekend considering just how much changed for markets reacting...
Early Update
11:48 a.m. ET I really dislike being a news source especially relating to politics and geopolitics. The headlines are conflicting...
Afternoon Update
All of the averages blew through the morning low test to make new session lows amid the latest report from...
Intraday Market Update
2:05 p.m. ET I’ll leave all of the latest developments in news out in this post and just touch on...
Early Update – Invasion Headlines Drive Risk-Off
11:18 a.m. ET *It’s a bit challenging to get fast moving information, stats and charts out in a timely fashion...
Afternoon Update
I don’t have too much more to add to the last post, the gist is that I do like the...
Minutes Update
2:56 p.m. ET Without getting in to the details, which we’ll do tonight, the market’s take on the FOMC minutes...
Market Update
1:59 p.m. ET The FOMC minutes are coming up shortly. The S&P 500 is down 0.75% (Dow -0.85%, NASDAQ-100 -1.3%,...
Early Update – Defensive Environment
11:19 a.m. ET Retail sales for January topped expectations while import/export prices continued to depict elevated inflation pressures, but the...
Afternoon Update
President Biden is speaking on Russia/Ukraine. It seems the uncertainty of his address this may be the reason the market...