A.M. Update
S&P futures are down -0.15%. Participation will likely remain below-average through the day ahead of the 1:00 p.m. ET early...
Daily Wrap – Another ABI Signal
The stock market ended the session on an upbeat note. The major indices all closed near their highs of the...
Afternoon Update
The S&P is testing near the $5500 level and NDX near the $20k level where we’ve seen some recent selling....
Early Update – Flat Markets
12:12 p.m. ET The market isn’t moving a whole lot today, as has been the case recently, although lower yields...
A.M. Update
S&P 500 futures are down -0.35%. Pre-open losses in the mega cap space have contributed to the downside bias. The...
Daily Wrap
Today was a dullish day at the index level. Mega-caps saw early weakness with Nvidia, but recovered with Nvidia to...
Afternoon Update – Crude Breaks Out
The day is a bit on the dull side, but I’ll say that mega-cap strength is interesting given a 14...
Early Update
12:48 p.m. ET It’s been a fluid open with mega-caps initially underperforming the broader market, but they’ve since recovered, despite...
A.M. Update
The first day of the third quarter starts a positive bias in early trading. S&P futures are up +0.25%. The...
Afternoon Update
The last day of the second quarter started with a bit of a bang but ultimately ended with a whimper....
Intraday Update
3:15 p.m. ET PCE was market friendly, but apparently not that much of a surprise to move the needle. All...
And It’s Gone
12:54 p.m. ET Here’s the S&P and NASDAQ-100 at 10:15 a.m. ET – A strong start… SPX (5m) NASDAQ-100 (5m)...
Early Update – Strong Start Fades A Bit; ABI Even Lower
11:43 a.m. ET The stock market has moved higher in the early going, feeding off a relatively friendly Personal Income...
A.M. Update
S&P futures are higher by+0.15%, in part due to the presidential debate. Politico reports that Democrats are actively considering replacing President...
Daily Wrap – ABI Closes Below 14
Today was another fairly lackluster session in the stock market. Pre-market did get off to a decent start in retracing...
Afternoon Update
The major averages are little changed to unchanged heading into the close: SP-500 0%, Dow 0.04% (Transports -0.55%), NASDAQ-100 -0.15%,...
Absolute Breadth Index Signal?
Worden’s T2101 Indicator (Absolute Breadth Index) is defined by the Worden as follows: “The Absolute Breadth Index was developed by...
Early Update – Bad News Is Good News. ABI Below 14!
12:17 p.m. ET The stock market opened to mostly positive action. Gains in many mega cap names has provided support...
A.M. Update
S&P 500 futures are down less than a tenth of a percent as bad economic news sent yields lower and...
Daily Wrap
There was an underlying negative bias driving today’s trade with decliners outpacing advances, and 9 of 11 S&P sectors trading...