Video Update
The video will be live at 8 a.m. ET...
Afternoon Update
I’m going to share a few quick charts. I’m leaning toward spending the inordinate amount of time it takes to...
Market Update – Small Cap Short Squeeze Pain
1:28 p.m. ET The major averages are up a three-quarters of a percent, but Small Caps are soaring and when...
Powell Recap
10:57 a.m. ET It’s almost funny to watch the market as Powell spoke. The market jumped up when Powell said...
A.M. Update
S&P futures are up +0.6% ahead of Powell’s speech at 10 a.m. ET. In central bank related news, European Central Bank...
Daily Warp – Ugly Day and Close Ahead of Powell’s Jackson Hole Symposium Address
In my last post I shared that I was laying in bed last night, watching “Industry” on MAX (a show...
Getting Ugly Again
2:29 p.m. ET As I was finishing the last post, the averages were catching a bounce off session lows. Now...
Market Update – Tech Under Some Pressure, But So Too Will Be Volatility
12:42 p.m. ET For most of the morning moves in either direction have been limited for the major averages. Prices...
A.M. Update
S&P futures are up +0.2%. Part of the positive bias in early action is being driven by the newly emerging...
Daily Wrap
The Stock and Treasury market added some gains today, while the U.S. Dollar Index fell. The catalysts… The second largest...
Afternoon Update – Just Waiting For the Spark
The minutes for the July 30-31 FOMC meeting are stale considering all that’s happened in just 3 weeks (market and...
That Didn’t Last Long – Important Update
12:18 p.m. ET The average monthly jobs increase in the past year was revised lower from 218K to 150K. Had...
Payrolls Preliminary Benchmark Revised Lower
12:48 a.m. ET The averages had been up modestly ahead of the Payrolls revision, but stuck in yesterday’s price ranges...
A.M. Update
S&P futures are +0.15% higher. Earnings results from Target (TGT) and TJX (TJX) saw upbeat responses, contributing to the upside...
Daily Wrap
The 8-day win-streak was broken after a 1-day overbought internals signal yesterday. The averages were modestly lower with Small Caps...
Quick 3C Update
1-Day Overbought conditions on their own, don’t imply anything more than the type of slower, lower market conviction action we’re...
One Day Overbought Conditions Kick In
12:23 p.m. ET It seems yesterday’s 1-day overbought internals are causing today’s market to act exactly as is typical after...
A.M. Update
S&P futures remain flat after yesterday’s 1-ay overbought internals. Home improvement retailer Lowe’s cut its sales and earnings forecast, blaming...
Daily Wrap – An Ugly September on Deck?
It has been quite a month in the markets. From stairs up, to elevator down, to wrist-rocket back up. There...
Afternoon Update – Semis Rebound Bolsters Index Performance
3:37 p.m. ET Market conditions, internals and more importantly, the Tech sector, are all improving as the day goes on....