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,...
Afternoon Update – Surprise, Surprise (sarc.)
If you’ve been paying attention to the market this week, the following will come as no surprise. SPX (5m)...
Everything UP, But Still No Sign of Leadership
12:58 p.m. ET As has been the case frequently recently, the morning trade is very dynamic and causes me to...
A.M. Update
S&P futures are up +0.3% and have been on the rebound most over the overnight session. Nvidia has lifted off...
Daily Wrap – Nvidia Reports, Finally
We know what’s been happening in the market this week with flip-flopping from day-to day in a sloppy lateral range...
Afternoon Update – Stick Save!
Look at that! SPX (1m) They’re not letting the SPX out of this slop until Nvidia. SPX (10m) – right...
More flip-Flopping, Back To Selling Tech
2:29 p.m. ET Today is more of the same – the flip-flopping is back (with a twist – a bit...
A.M. Update
S&P futures are flattish. The market is still treading water in front of NVIDIA’s (NVDA) earnings after today’s close and...
Daily Wrap – Second Verse, Same As The First
Today’s trade had the typical feel of the Summer Doldrums, again. There’s just not much market moving data or earnings,...
Afternoon Update – Summer Doldrums Persist
There’s really not much to add with regard to today’s trade. There’s not much news on my feed today. Most...
Another Summer Doldrums Day, With a Slight Twist
12:59 p.m. ET A lack of news is diving dullish trade, but there’s a bit of a flip flop from...
A.M. Update
S&P futures are down -0.35%, The market still lacks major directional drivers ahead of NVIDIA’s (NVDA) earnings report tomorrow afternoon....
Daily Wrap – Important Update
The market is pretty much in the depths of the summer doldrums. Everyone is on vacation through Labor Day (Sept....
Afternoon Update- Slow Day
Not much has changed since the last update. Most of the averages are little-changed with relative weakness in the tech-heavy...
Mega Caps and Semis Off to a Weak Start of the Week
1:03 p.m. ET The morning has been dynamic so far with mega-caps and semis underperforming and cyclicals/defensives/value stocks out performing...
A.M. Update – Oil Pushing Higher
S&P futures are up +0.15% and aren’t trading with much conviction. That may be in part because WTI Crude Oil...
Video Update
The video will be live at 8 a.m. ET The Fed’s pivot this past week is a huge transition in READ MORE