Part of Kennedy’s Platform in a Trump Administration?
Here’s the video cued up, of Robert F. Kennedy talking about legalizing marijuana and psychedelics with some form of supervision,...
Early Update – Pot and Psychedelic Stocks?
1226 p.m. ET The stock and bond markets trade mixed. The averages are mostly higher with some hints of the...
A.M. Update
Index futures are lower from -0.05% to -0.3% as the Trump euphoria seems to fade and after China said it...
Daily Wrap – Hawkish Rate Cut
The election is such a key event and should drive rotation among the big boys, but most of the moves...
Couple of 3C Charts
As I wrote yesterday (post election), “Two primary themes likely are long inflation & short duration.” “I’d think that we...
FOMC Decision & Presser
Today’s Federal Open Market Committee (FOMC) decision was not expected to be surprising — and it wasn’t. The FOMC voted...
Market Update – Follow-Through, Rotation & FOMO,
1:18 p.m. ET This may sound contradictory to some degree, but we have a mix of follow-through of yesterday’s gains,...
A.M. Update
Index futures are mixed this morning with S&P +0.25%, led by the Nasddaq-100 (+0.5%), while yesterday’s leaders are this morning’s...
Daily Wrap – Post Election
The most interesting aspect of the market’s reaction last night (election night) was shortly after the first polls closed on...
Afternoon Update
Price action has gotten a little better than this morning with the averages adding some cash session gains. The S&P...
Early Update
1238 p.m. ET We’re just getting the initial knee-jerk reaction to the Trump victory this morning. I suspect we’ll see...
A.M. Update – Post Election Rally
S&P 500 futures are up +2.25% in a post-election rally – fairly close to the market’s expected =/- 2% expected...
Election Night Update
9:51 p.m. ET Looking at asset classes, the moves tonight are very positive for Trump. Of course it will be READ MORE
Election Night Update
9:51 p.m. ET Looking at asset classes, the moves tonight are very positive for Trump. Of course it will be...
Early Election Night Look
7:56 p.m. ET I think we all know that election night results can change quickly. I’m not going to cover...
Afternoon Update (3C)
All 11 Sectors are green and Advancers have a 3-to-1 edge over decliners. Breadth is better today due to Small...
WTI Crude – Key News At a Key Level
2:17 p.m. ET Earlier I was talking about the theme of the market gravitating to important key levels, around important...
Strong Start, But Technically Inconsequential
1157 a.m. ET The averages jumped at the cash open… S&P futures (1m) – It seems pretty clear that algos...
A.M. Update
Index futures are mixed, between down modestly (R2K -0.05%) and up modestly (Nasdaq-100 +0.25%) with S&P at +0.15%. In short,...
Daily Wrap
I’m not going to waste your time tonight trying to make more of the market than what it was. It...