Daily Wrap
It wasn’t a great day for the market, but at least we finally got some movement. The S&P hasn’t closed...
Afternoon Update
Finally we have some movement in the market. I have a lot for you tonight. As mentioned last night, it’s...
Quick Intraday Update
2:37 p.m. ET Since the earlier S&P Testing $4100 post, I’m seeing the first signs that the market may be...
First Republic Bank In the Spotlight Again
1:25 p.m. ET The S&P fell below $4100 and pretty sharply… SP-500 (1m) The catalyst? First Republic Bank announced that...
S&P Testing $4100
12:31 p.m. ET As suspected in the Early Update… ” S&P futures look like they are trying to find support...
Early Update
11:17 a.m. ET The open is a pretty weak tape, between economic concerns and uncertainty ahead of the “market generals”...
A.M. Update
S&P futures are down -0.4%. Stock futures are weak this morning despite some favorable earnings and/or guidance from McDonald’s (MCD),...
Daily Wrap
The stock market had another lackluster showing today. I’m reminded of just how much I dislike the dullness of earnings...
Afternoon Update
The main indices are trying to move somewhat higher ahead of the close, but moves are still confined to an...
Intraday Update- Mega Caps Lagging & First Republic Bank Soaring
1 p.m. ET Since the last update, mega-caps have lost some steam ahead of a cluster of earnings in the...
Early Update
10:50 a.m. ET We’re off to another dull start of low conviction trade, but I think we’re getting near a...
A.M. Update
S&P futures are roughly -0.1% below fair value in front of the busiest week of earnings season. S&P futures were...
Afternoon Update
This week has certainly been a dull one. That’s pretty typical of early earnings seasons before the market starts to...
Quick 3C Update
2:10 p.m. ET In the last post, Intraday Update, I showed how SPY’s short term 3C chart was acting as...
Intraday Update
1:27 p.m. ET The averages remain mixed, and very little changed on the day, and in fact on the week....
Early Update – Inflationary Economic Data, Op-Ex and Earnings
10:54 a.m. ET There seem to be several themes under way all at once, from earnings to surprise economic data...
A.M. Update
S&P futures are unchanged and Russell 2000 futures are up +0.25% on this options expiration day. The Shanghai Composite dropped...
Daily Wrap
The stock market had a negative tone today after a batch of weak economic data and disappointing earnings results from...