Daily Wrap
Overall today was just another dull, low conviction consolidation day, but perhaps a little less conviction than normal with tomorrow’s...
Intraday Update
2:13 p.m. ET The main averages trade in mixed fashion, but have shown resilience to selling ahead of tomorrow’s Consumer...
Early Update
10:48 a.m. ET The tone this morning is on the bullish side, but low conviction. There are some interesting developments...
A.M. Update
S&P futures are unchanged ahead of the March Consumer Price Index tomorrow and earnings from several large banks on Friday....
Daily Wrap
The Bank of Japan’s (BoJ) Ueda sparked early weakness in stocks and the Japanese yen after offering no signs of...
Afternoon Update
The day remains, and probably will through the close, a consolidation day. Small Caps and Transports outperform, NASDAQ-100 is lagging,...
Early Update
11:12 a.m. ET This week is pretty much picking up right where w left off last week, which was consolidating...
A.M. Update
S&P futures are down -0.6% from a flat start earlier. The new governor of Japan’s central bank disappointed policy-makers as...
Afternoon Update
The only thing that’s really changed since the last update is that some of the bullish consolidations of the week...
Early Update -Surprise
11:21 a.m. ET It’s pretty much more of the same this morning, more price consolidation with very little movement, but...
A.M. Update
S&P futures are down -0.15%. There’s more evidence of the labor market showing cracks this morning ahead of the closely-watched March...
Daily Wrap
There’s a notion going around this week (only 3 days into it, which is a short amount of time in...
Afternoon Update
This is another quick post because there’s no change to my assessment. S&P-500 came off session lows and in doing...
Quick Market Update
2:34 p.m. ET It still appears to me that we are in the correction/consolidation phase that’s defined the new week...
Early Update
10:56 a.m. ET Things continue right on track. Most of the averages remain in modest price consolidations, except Small Caps....
Daily Wrap
The Dow Jones Industrial Average, NASDAQ, and S&P 500 logged relatively modest losses today, Small Caps got hit harder, but...
Afternoon Update
Considering some of the things I was looking for into Q2 (which include a Fed rate hike capitulation as likely,...
Small Cap Update
2:47 p.m. ET I’ve recently highlighted how, by pulling back and giving up some ground, Small Caps could be setting...
Market Update – Weakening Economy
12:46 p.m. ET The JOLTS (Job Openings) and weak manufacturing data (yesterday’s ISM and today’s U.S. Factory Orders) are reflecting...
Early Update
10:41 a.m. ET Since the open, two data points have come in weaker than expected. Factory orders declined -0.7% month-over-month...