The trade war is heating up again to resume tensions as soon as noon
12:30 PM ET President Trump announced that he signed 12 letters to various countries, informing them of planned tariff increases...
Palladium
On June 26th I featured a breakout from a bullish consolidation in Palladium. To recap, “Palladium futures exploded +6.7% higher....
Intraday Update
12:46 PM ET There’s a little weakness in the mega cap space as we near the 1 p.m. ET session...
Market Update – Solid Participation
12:22 PM ET I’m not sure how much useful data we’re gonna get out of today’s half day session as...
Messy Cross Currents
While there’s an element of correction of yesterday’s extreme shift in style factors (rotation) that was/is driven by a popular...
Correcting & Waiting
1:46 PM ET The market awaits the fate of large reconciliation bill, and all tomorrow morning’s Non Farm Payrolls report....
Afternoon Update
Value style factors have a 200 basis point lead over growth. The momentum style factor has been obliterated today. The...
Q3 Rotation Very Obvious
12:45 PM ET There’s a lot happening today. I’ve suspected that with the turn of the quarter we are going...
Afternoon Update
Most of the averages are advancing into the close. The advance follows a Bloomberg report that Apple (AAPL +2.2%) is considering using AI...
Market Update – RUnning Out The Clock?
1:29 PM ET The stock market is modestly positive, drifting near opening levels and very dull. S&P sectors are mixed...
Quick Afternoon Update
Who knows, but I do wonder when seeing VVIX’s relative strength early on today, whether there was something behind...
Trade Concerns and 3C
3:09 PM ET This is pretty timely considering my last post ending with the uncertainty of tariffs even amid the...
Window Dressing Winding Down?
1:35 PM ET Today’s push to fresh records has been encouraged by indications that officials from the U.S. and China...
Afternoon Update
The S&P made an initial pass at the Feb. record high and backed off. SPX (1m) – This looks like...
Market Update – Some Evidence of Window Dressing, But Shadow Fed Chair Plans Also in Play
1:45 PM ET One of the primary and surprising factors to drive trade today, which may have been hinted at...
Intraday Update
3:54 PM ET I have a little bit more information with regard to that last post. My first assumption was...
Afternoon Update – Some Movement on 3C
This is more of an intraday update, but we’re nearing the close. Mega cap are holding markets up today such...
Market Update – Not Great Follow-Through
1:25 PM ET Today is not off to the most impressive start as far as follow-through goes. Only two sectors...
Afternoon Update
The ceasefire is holding as Iran has reopened its airspace to commercial traffic. It looks like the strike on Iran’s...
Relief Rally
1:17 PM ET Ceasefire optimism and related safe-haven unwinds (e.g. – lower oil, lower volatility), as well as optimism that...