Market Update- Oversold-Like Rebound After Yesterday’s Slide… Consolidation?
12:52 p.m. ET Today’s seeing a broad-based rebound. The Technology (+0.8%), Communications (+0.75%), and Consumer Discretionary (+1.1%) sectors are not...
Afternoon Update
I’m not sure we’ve reached the “consolidation” stage yet. The S&P hasn’t made a lower low… (5m) And VIX displays...
Market Update – Valuation Concerns
1:56 p.m. ET Growth (-1.4%) and Momentum (-1.35%) factors are definitely feeling the brunt of today’s selling, as compared to...
Afternoon Update
At the index level it’s a quiet-ish day with some relative weakness in Small Caps. The mega caps, semi, AI...
Amazon Announces $38 Billion Deal with OpenAI, Amid Weakness in the Broader Market
12:59 p.m. ET Index futures have once again faded at the U.S. cash open, like Friday morning. There’s still decent...
Quick Afternoon Update
The stock market opened higher this morning after another round of mega-cap earnings reports sent Amazon and Apple higher in...
Buying Oil (Trade)
3:17 p.m. ET I keep starting at this bull flag in WTI crude oil futures and it’s calling to me....
Commodities/PMs Review
1:14 p.m. ET I covered WTI Crude earlier. The only update since is President Trump refuted the two newspapers’ claims...
Market Update – Tech Leaders Fade Early Gains
12:35 p.m. ET The market got off to a mixed start with large cap tech-sensitive cap-weighted indices higher. The Tech...
Is Long Crude Right For You?
10:50 a.m. ET Oil is starting its breakout attempt. The Miami Herald and The Wall Street Journal, both describe an assault on...
Afternoon Update
Today’s tone has been mostly consolidative, presumably waiting for Apple and Amazon to report after the close. Sectors that have...
Market Update – Holding Out For Apple & Amazon Earnings
12:49 p.m. ET “Sell the news” vibes surround the Trump/Xi summit, but the real driver is unwinding this week’s mega-cap...
Afternoon Update
I was surprised at a lot of what I heard in Powell’s press conference. The Fed, as contentious as the...
Hawkish
2:48 p.m. ET There are quite a few interesting tidbits in Powell’s presser so far, but the one that moved...
FOMC Update
2:16 p.m. ET As expected: Fed cuts the FFR by -25bp to 3.75%-4.00%. There were two dissents: Trump’s temporary pick,...
Market Update
12:58 p.m. ET Today has the very real potential of being extremely fluid and dynamic, between the Fed, 3 mega...
Afternoon Update
The majority of S&P sectors are lower (8 of 11) and presently 370 of the S&P-500 components are lower. The...
Market Update
1:26 p.m. ET Broadly speaking, Tech names are still providing leadership while the broader market largely moves lower, while a...
Afternoon Update
Not much has changed at the index level. The S&P 0.15% higher since the last update. The cash session range...
Market Update – Wild Week
12:56 p.m. ET Stocks are catching up to the weekend trade deal optimism reflected in Bitcoin Sunday with a +2.6%...
