Market Update – Window Dressing Dynamics Seem To Be Over, But Conviction Remains Low Ahead of Tariffs
1:09 PM ET Index futures slid in pre-market on the WaPo article of 20% universal tariffs, but the idea sounds...
A.M. Update
S&P futures are about the same as last night, down 0.3%. Index futures were very modestly higher earlier this morning...
Daily Wrap -Window Dressing
The first quarter ended today and it’s been a volatile ride so far. It was the worst first quarter performance...
Afternoon Update
Market tone has improved notably as the day has gone on. All 11 S&P sectors are currently trading higher, still...
SPX Key Test of $5500
1:59 PM ET Remember that Broadening top formation in the S&P-500 and what drives them? The market is reacting to...
A.M. Update – Tariff Rumors & News
US index futures and global markets are lower on the last day of the worst quarter ahead of April 2nd...
Afternoon Update – Tariff Uncertainty/Flip-Flopping Take A Toll
On top of tariffs uncertainty heading into next week’s April 2nd deadline, inflation measured by the core-PCE Index, the Fed’s...
Intraday Update
12:34 PM ET The U.S. Dollar Index recently started coming off session lows. When I first saw it, it looked...
Risk-Off
11:33 AM ET While a cooler Core-PCE reading could have provided a positive risk catalyst, the actual hotter than expected...
A.M. Update- Core PCE Hotter
S&P futures are down 0.45%, sliding through the overnight session. Personal income was up 0.8% in February (consensus 0.4%) and...
Daily Wrap
The market did what I’ve been looking for since early in the week and filled most of Monday’s gaps. Beyond...
3C Update
3:25 PM ET After the averages hit morning lows, filling gaps and bounced, they pulled back and within that pullback...
Gaps Being Filled; Gold New Record High
12:24 PM ET For all of the policy and tariff uncertainty, the market is acting pretty darn well and along...
A.M. Update
S&P futures are down 0.15%. Shares of US automakers and auto-parts suppliers dropped with peers in Europe also declining following...
Daily Wrap – Big Update, Looking For the Meatball
It has been an insane day for me, going on 15 hours. I’m dying for some food! I have to...
Afternoon Update
I can’t be sure that today’s anticipated pullback into Monday’s gap is over, but 3C is acting pretty good on...
3C Update
3:01 PM ET 3C charts are looking pretty good, better since the last update. Perhaps some of those pension funds...
Market Update – Getting The Gap Fill
1:53 PM ET Hopefully I’ve done a decent enough job in explaining what I’ve been expecting in short-term that...
A.M. Update
Index futures are pretty much flat, it looks like there’s a slight bias toward value with Dow and Russell 2000...
Daily Wap
Most of the averages finished green, but on clearly lower conviction leaving the S&P-500 with a Doji Star loss of...