A.M. Update
S&P futures are up +0.65%, while Small Cap Russell 2000 futures are up +1.35% after news that the Senate passed...
Daily Wrap
The market started off the day mixed and lacking conviction, but while I was writing the Early Update , tone improved...
Afternoon Update
As suspected in the last update , Tuesday morning’s highs have acted as local resistance for the major averages. SP-500 (5m)...
Market Update
1:47 p.m. ET The S&P trades back above $4200 and all of the averages trade near the best levels of...
Early Update
11:14 a.m. ET The market opened to mixed trade without a lot of conviction in direction or tone, but there...
A.M. Update
S&P futures are sitting around the unchanged mark. The Dow futures (-0.3%) are underperforming due to weakness in Salesforce (CRM)...
Daily Wrap
Today was the final trading day of May and it ended on a softer note. Uncertainty about the passage of...
Market Update
3:08 p.m. ET Yep, today’s trade looks like the consolidation needed in the Tech sector, NASDAQ-100 and Semiconductors, while the...
Intraday Update
12:54 p.m. ET Toward the end of this morning’s Early Update I showed a 3C chart of the SPY, with...
Early Update -Recession Fears Creeping In
11:50 a.m. ET The recessionary concerns are ramping up fast. First there was weak manufacturing data from China for a...
A.M. Update
Index futures are down -0.5% this morning. Concerns about global growth prospects are ramping up after China’s Manufacturing PMI remained...
Daily Wrap
The stock market kicked off this holiday shortened week on a mixed note. Initially, the market was poised for a...
Afternoon Update
As touched on in the last post, the S&P has had a dull day, but the price action has had...
Market Update
2:00 p.m. ET Yields that rose ahead of the debt ceiling deal between Biden and McCarthy this weekend, are coming...
Early Update
11:29 a.m. ET The market had a decent, but mixed open as was apparent by index futures in pre-market with...
A.M. Update
S&P futures are up +0.55%, NASDAQ-100 futures are up +1.35% and Dow futures are unchanged with mega-caps holding decent pre-market...
Afternoon Update
As is the case every Friday, this will be my last post of the day. We have a 3-day holiday...
Market Update – SPX $4200
1:19 p.m. ET The benchmark index is trading just above $4200. This is the 6th day the index has at...