25bp; 1 Dissent (Miran); Knee-Jerk
The fed cut by 25bp as expected. There was one dissent (Miran) for a 50bp cut. The Dot-Plot: 9 of...
Small Caps Outperform, Mega Caps Underperform
This is going to be short as everything may be upended in the next couple of hours. The market’s recent...
Afternoon Update Another ABI- 10.52
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ABI Signal Strategy Thoughts
Trading volatility is not straight forward, but the ABI signal’s high reliability and big moves in volatility, often when VIX...
ABI Makes Another Lower Low, On Track For Third Signal
There’s a lot of individual news items moving specific stocks and sub-sectors, but the general theme is the pro-cyclical, pro-growth,...
Afternoon Update – ABI 12.24
The S&P 500 (+0.35%) and Nasdaq-100 (+0.7%) look to capture record closing highs to go along with their fresh all-time...
Market Update – Mega Caps Run the Show; ABI Lower
The mega caps are firmly in the driver’s seat. Other sectors have drifted in and out of the green trying...
ABI < 14 Again
11:24 a.m. ET We’ll see where it closes, but the ABI looks set for another signal, and even lower. The...
ABI Close < 14 (13.82)
There it is… 13.82 I’ve mentioned in the past that FAST drops in the ABI don’t necessarily equate to a...
Afternoon Update
I’m going to get this Friday afternoon update out a little earlier than I’d normally like due to the ABI,...
Intraday Update
There’s a little pick-up in selling pressure on 3C… SPY (1m) QQQ (1m) This is intraday and seperate from the...
Today’s Trade Shows That My Suspicions Yesterday, Have Some Validity. ABI @ 13
1:40 p.m. ET My early take on this today’s actions mirrors Thursday’s Daily Wrap Summary, and questioning whether Thursday’s advance...
Afternoon Update
Today has definitely had a more pro-cyclical feel as 2025 rate cut expectations are pretty much set (for now) at...
Stocks Rally –Despite Hotter CPI –With Weaker Employment
That backdrop has been particularly supportive of smaller-cap stocks, with the Russell 2000, Dow Transports, and S&P MidCap 400 outperforming....
Afternoon Update – ABI 14.48
The ABI is at 14.48. The S&P and Nasdaq are back below last Friday’s Payroll highs or local resistance… (5m)...
Market Update – ABI in the 14’s
1:16 p.m. ET I’ve been watching index futures this morning, a bit surprised at Nasdaq-100 futures stall out, but then...
ABI Head’s Up
While I’m going through my morning rounds in the market, I wanted to get this out there just so you...
Afternoon Update
The S&P and Nasdaq-100 are up less than 0.25%. Dow Transports and Small Caps are clear laggards, along with Materials,...
ABI $15.60
Just a quick update as I know there’s a lot of interest. Currently 15.60 The initial annual Payrolls revision —...
iPhone Air – Not Impressed
2:37 p.m. ET As widely suspected, Apple (AAPL -1.5%) introduced a new iPhone–the iPhone Air– it’s thinnest model yet, and...