A.M. Update
S&P futures are flat ahead of a busy week, including earnings results from Alphabet (GOOG) and Microsoft (MSFT) after Tuesday’s close,...
Afternoon Update
This will be my last post of the day. The averages ae mostly little changed except NASDAQ-100. SP-500 -0.1%, Dow...
Market Update – Semis Weak
2:39 p.m. ET Semiconductor-related names ae weighing on the NASDAQ and Tech sector after disappointing guidance from Intel (INTC -12.25%)...
Early Update – Semis Weak & Mega-Caps Flattish
11:30 a.m. ET The PCE inflation data really didn’t move the needle much for stocks and yields are modestly higher...
A.M. Update
Most index futures are mixed, but close to the flatline, Russell 2000 futures are up +0.65% Semiconductor stocks are weak...
Daily Wrap – A Screwy Real GDP Print
Index futures ramped higher on this morning’s economic data (GDP), but drifted lower as mega-caps weakened from noon, despite lower...
Afternoon Update
The NDX is a few cents from closing with a bearish engulfing candle or not. We’ll take a closer look...
Intraday Update – Crude Breaking Out
3:06 p.m. ET The S&P and NDX are just off session lows, despite a solid 7-yr Treasury auction that sent...
Early Update
12:04 p.m. ET This morning’s market data encouraged the “soft landing” camp and sent yields lower. Just as the 4...
A.M. Update
S&P futures are up +0.35% (from flat at 8:00 a.m. ET) in response to this morning’s data. GDP was up...
Daily Wrap
The market started the day with a gap up after overnight trade lifted index futures. China’s central bank (PBoC) cut...
Afternoon Update
The averages gapped up from overnight trade (PBoC RRR cut, lower yields, etc.), but it was apparent this morning that...
Market Update – Higher Yields Pressuring Stocks
2:56 p.m. ET A very ugly, near catastrophic 5-yr Treasury auction sent yields surging and that’s been weighing on the...
Early Update
11:40 a.m. ET This morning has a pretty much perfect storm of favorables for the market. Netflix and other Tech...
A.M. Update
The market is in an optimistic mood after Netflix posted blowout earnings with subscriber growth; China’s RRR cut; and Treasury...
Daily Wrap
I think this morning’s Early Update post title, “Wait and See Mode”, correctly identified the theme of the day early...
Afternoon Update
There’s not much to add to the last post. That little intraday pick up in 3C helped lift the averages...
Intraday Update
2:01 p.m. ET The S&P and NDASDAQ-100 are virtually unchanged, while Dow Transports and Small Caps lag behind after their...
Early Update – In “Wait & See Mode”
11:13 p.m. ET Economic data is light today with no tier 1 data. What we do have: The Richmond Fed...
A.M. Update
Index futures are mixed. S&P futures are p +0.15%, Dow futures are down -0.1%, but Russell 2000 futures are up...