Early Update – Economic Data supports the Stock Market
10:40 a.m. ET Although a strong pre-market showing from index futures after the Payrolls report’s wage growth slowed noticeably, which...
Market Update
3:10 p.m. ET The last 6 months or so we haven’t exactly seen consistency between various Fed officials. We’ve actually...
S&P Near Test of $3800
12:44 p.m. ET The S&P-500 has hit an intraday low of $3802.42, fairly close o the test of $3800. At...
Early Update – Stronger Jobs Data Causing Concern Before Key Payrolls Report Tomorrow
10:28 a.m. ET Both the (notoriously unreliable) ADP Jobs report, and Initial Claims came in better than expected. This is...
Afternoon Update
The dollar and yields suggest that the minutes were pretty much a non-event or not surprising. Stocks moved a bit...
FOMC Minutes Update
2:45 p.m. ET The reaction in the Dollar and yields to the FOMC minutes is pretty minimal, if not non-existent....
Pre-FOMC Minutes Update
1:13 p.m. ET The S&P 500 pushed above the 3,850 level, which has been a resistance point since mid-December (also...
Interesting Development
12:10 p.m. ET SP-500 +1.15%, Dow +0.7% (Transports +1.65%), NASDAQ-100 +0.85%, Small Caps +1.75% While the major (cap weighted) averages remain...
Early Update
11:06 a.m. ET Index futures and the averages got a bit of a jolt in with two events. One was...
Afternoon Update
Once again S&P has survived the test of $3800 and continues to confirm the level as an important local support...
SP-500 Testing $3800 AGAIN and a Few Other Observations
1:39 p.m. ET SP-500 -0.75%, Dow -0.5% (Transports -0.25%), NASDAQ-100 -1.1%, Small Caps -0.65% A couple of interesting points. First...
Quick Update – Communications Sector Change in tone (positive)
11:55 a.m. ET Tesla has been almost a bellwether for the mega-caps in December – if you don’t know, t...
Early Update – volatile, but more exciting start to the new year
10:40 a.m. ET The averages got off to a stronger start, but have since faded gains as they’ve come into...
Afternoon Update
Tone continues to improve as we head into the close. HY Credit (HYG +0.05%) just went green on the day...
Intraday Update
3:16 p.m. ET We’re getting fairly close to the US close and the end of the year, but there is...
Market Update
2:03 p.m. ET It’s another downtrend session for the stock market in an overall disappointing December. The broader market and...
Early Update
10:38 a.m. ET The mega-caps led the market higher yesterday, and lower overnight and thus far into the cash open....
Afternoon Update
I’m back from the Doctor. I appreciate your understanding. I always try to make appointments so they won’t interfere with...
Intraday Update – Strong Tone Continues
11:54 a.m. ET *I have a doctor’s appointment at 1:45 and about 30 mins of driving, so I’ll likely be out...
Early Update -Mega Cap Leadership
10:14 a.m. ET We have another decent looking open, a bit better than yesterday’s but some similar themes, like mega-caps...