Intraday Update
2:54 PM ET The first two tariff lets to South Korea and Japan are very similar and are a last...
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...
A.M. Update -Tariffs and Trade Deals
To be futures are poised to start the week lower, down -0.35%. President Trump said at the end of last...
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...
A.M. Update
S&P futures are up 0.15%. The jobs report didn’t only beat estimates but blew them away… a very different jobs...
Daily Wrap – Q3 Rotation
The major averages traded modestly higher although mixed. Today was a little bit of a correction of yesterday’s very intense...
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....
A.M. Update
S&P futures are down 0.15% led by NASDAQ 100 futures down 0.4%. There’s still evidence of the rotation from growth...
Daily Wrap – Quarter Starts With Rotation
Today was the first trading day of the third quarter and suspicions related to window dressing and rotation at the...
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...
A.M. Update
S&P futures are down -0.3%. The market awaits the final amendments to the large reconciliation bill, as the Senate continues...
Daily Wrap – Something Stood Out
The S&P 500 and Nasdaq extended record highs set on Friday. Most of the day was a dull affair with...
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...
A.M. Update
S&P futures are up 0.35%. The Washington Post reports that the Senate is set to vote on the large reconciliation bill...
Quick Afternoon Update
Who knows, but I do wonder when seeing VVIX’s relative strength early on today, whether there was something behind...