A.M. Update
S&P futures are down -0.2% and Russell 2000 are down -0.65%. WTI crude futures are down -5.75% fro yesterday’s settlement...
Oil’s Wild Weekend Ride Meets Monday’s Jawbone Reversal
Another spicy start to the week. There’s a pattern emerging: gloves off and hit hard over the weekend, deescalate during...
Afternoon Update
One of the things that stands out today is volatility’s relative weakness right out of the gate with VVIX leading...
Market Update
The G7 meeting has ended with no confirmation of an oil reserve release, but the G7 will have another meeting...
A.M. Update
S&P futures are down -1.15% , Nasdaq-100 down -1.25% and Russell 2000 -1.95%, still the losses are half of what...
Afternoon Update
I am happy for the Crude oil trade, but I wish the week was not dominated by geopolitical headlines. My...
Crude Consolidation
WTI Crude, thankfully (if you’re long oil) started a consolidation. It was getting a little tense there for a moment...
Market Update
The market has seen a modest increase in its implied rate cut expectations from the Fed after this morning’s weak...
Oil Target Hit – Taking Half off Before the Weekend
Yesterday I updated my measured move for WTI crude oil futures: I feel comfortable with the $84 measured move, but...
A.M. Update
S&P futures are down -1.3% as oil prices surge, up +8% at $87.50/bbl. The Financial Times reported that Qatar has warned...
WTI Rockets 10% on Hormuz Chaos – Stocks Lower, Tech Shows Relative Strength
Stocks closed mostly lower, weighed down by a sharp surge in oil prices that pressured the broader market. After yesterday’s...
Afternoon Update
In response to the news in the last post (oil), stocks have responded, coming off session lows. Most moves were...
Oil Headlines
Treasury to announce measure as soon as Thursday to combat rising energy prices That includes using oil futures market: Senior...
Market Update
Time i’ve analyzed the market and put together a post I usually have to go back and update price percent...
S&P futures are down 0.45% and Russell 2000 futures -1.1%. WTI Crude is up +3.4% to $77.20/bbl. with Reuters reporting this morning...
Mega Caps & Bitcoin Lead Rebound
In many ways today’s equity market action was the mirror opposite of yesterday, whether the direction, the major averages’ performance,...
Afternoon Update
Not much has changed since midday, with just the Energy (-0.6%) and Consumer Staples (-0.4%) sectors red. Today’s equity market...
Market Update
Tuesday had 2 of 3 conditions necessary for a 1-day oversold. Today’s price action reflects that, like 1-day oversold-lite. A...
A.M. Update
S&P futures are up +0.35%, a modest bounce as The New York Times reported Iranian backchannel outreach to the CIA...
Equity Investors Get the Memo: Interesting Change in Character and Another ABI Signal
Monday equity investors brushed off the weekend war with Iran: Stocks Shrug; Why This “Tempest in a Teapot” Could Turn...