Afternoon Update Gold, Crude and Copper
Gold added to its gain today. I don’t love the volume. Gold futures (3m) I think the best thing Gold...
Intraday Update – Slowing
257 p.m. ET Hot-Take incoming… The 10-yr yield is down -9bp (2-yr down -3bp). There’s an economic growth scare taking...
Market Update – Small Caps Lead
1254 p.m. ET We got a lull in trade war related news yesterday. That has ramped back up today, and...
Afternoon Update
Alphabet (GOOG +2.85%) trades up ahead of its earnings report this afternoon. Along with a gain in Meta Platforms (META...
Alphabet Earnings After The Close
3:03 p.m. ET We have 2 more of the Mag-7 stocks reporting this week, bringing the total to 6 by...
Rotation & a Lot of Back-Testing, Gap Filling
12:31 p.m. ET Today is going pretty much as expected with our normal day-to-day rotation between value and growth. Mega...
Afternoon Update
3:48 p.m. ET Today’s trade has been volatile as market participants react to incoming headlines. Tariffs on Mexico, Canada, China...
President Trump Signs Executive Action to Create Sovereign Wealth Fund
242 pm ET It’s another busy day in D.C. and the markets. President Trump signed an executive action that said...
Tariffs On, Tariffs Off… Policy Remains Fluid and Uncertain
1240 p.m. ET While I would not say that President Trump is a bluffer with regard to tariffs, I would...
Afternoon Update
I always try to be careful in reading too much into initial knee jerk reactions. With that in mind, the...
Apple Update
259 p.m. ET I’m not going to speculate too much on Apple’s (AAPL -1.6%) weaker tone earlier today, but I...
3C Charts
244 p.m. ET As you know, markets hate uncertainty. The Broadening formation action in the SPX has been an indication...
Tariff Chaos
It’s getting hard to keep up with the tariff news. As I was writing another post and capturing charts, news...
Rotation and Tariffs Moved Out to March 1?
1239 p.m. ET News just came out just after noon time that President Trump is expected to levy tariffs on...
Quick Afternoon Update
Things we’re pretty quiet until just a few minutes ago. News broke that President Trump is imposing 25% tariffs on...
Apple Update
324 p.m. ET One last look at Apple ahead of earnings after the close. AAPL (current daily) – the 50-day...
Market Update – Rotation Again, Small Caps and Value in Favor, Gold Soaring
1 p.m. ET More rotation. Yesterday Value outperformed growth, but only because value was down less than growth. Today the...
Intraday Update
3:54 p.m. ET There’s one more thing I need to add that is is SPY’s 3C chart has seen some...
Afternoon Update
I’ll have much more for you later. For now I want to get this post out ahead of the close....
Hawkish Reaction to Fed Rate Pause
The Fed left rates on hold as widely expected. They did, however, make a change to the policy statement about...