A.M. Update – Payrolls
August Non-Farm Payrolls came in 142k Jobs added (consensus 165K and prior 114k). The Unemployment Rate came in at 4.2%...
Daily Wrap Pre-Payrolls
After Tuesday’s decline in stocks, today was another calm, consolidative-like day. Yesterday’s emerging consolidations, which took better form this morning,...
Afternoon Update
Well, if I had to guess what the market is thinking ahead of Payrolls, I’d say that it’s not all...
Market Update – A Lot of Economic Data, But Little Effect On the Economic Outlook
1:02 p.m. ET The market has been dynamic this morning with mega caps and semis initially supporting the market, and...
A.M. Update
S&P futures are down -0.15% and Nasdaq down -0.4%. The employment related data this morning is conflicting. ADP doesn’t look...
Daily Wrap – Parked At Technical Support
I have so more good data for you tonight, including CTA short-term (and SPX medium term) sell trigger levels. Today...
Afternoon Update
Running through 3C charts I didn’t see anything too unexpected. Yesterday I mentioned that it looked like technical buyers showed...
Market Update – Consolidating As Expected At Technical Levels
2:24 p.m. ET I apologize for missing the early posts. Investor’s growth fears aren’t being helped much with today’s data....
Daily Wrap – Economic Growth Concerns Are Reemerging
I have quite a lot for you tonight. The Summer Doldrums cracked today with the “A” team traders back at...
SOX Testing 200-Day
Here we are, right down to the wire. Since the last update the Philly Semiconductor Index (SOX -8%), which is...
Semis May Be Trying to Find Support Near SOX’s 200-Day SMA
2:55 p.m. ET There are some early signs of some “dip” buyers, if a 1-day -7.5% decline qualifies as a...
Tech Breaking SPX’s Range Support
2:15 p.m. ET SPX (10m) – Since capturing this chart, the SPX is already trading below $5450. Here’s the same...
Early Update -Tech and Semis Getting Hit
11:47 a.m. ET U.S. markets are following the lead of global markets from yesterday with a broad-based decline in early...
A.M. Update
There’s a negative bias in early action on the first trading day of the holiday-shortened week. S&P futures are down...
Stock Market Video Update – September Seasonality Is Likely To Heat Up This Week
The stock market has been in the midst of the summer doldrums. Things should pick up over the next week READ MORE
Stock Market Video Update
The video will be live at 7 a.m. ET. Happy Labor Day!...
Afternoon Update
When I wrote, “Very Slow Day” for the early update, understanding that after this morning’s economic data posted, many traders...
Very Slow Day
12:35 p.m. ET On the economic front, The overall theme of PCE was that it reinforces investors’ hopes of a...
A.M. Update
S&P futures are up +0.3% as part of the slow grind on the same trajectory as the overnight chart. The...
Daily Wrap – Another Chance For Small Caps?
Index futures, particularly Nasdaq-100, fell in the early overnight session with NDX futures down as much as -1.5% post-Nvidia earnings,...