Early Update – Semis Support Tech and NDX
11:05 p.m. ET The market is off to a decent start on this holiday shortened session. A drop in market...
A.M. Update – Half Trading Day
S&P futures are up about +0.1% from Wednesday’s close ahead of the Thanksgiving holiday. Russell 2000 futures are best, up...
Daily Wrap – Month End Poses Some Important Questions, As Well As Hints To The Answers
Today’s trade was somewhat mixed with low volume and liquidity in front of tomorrow’s Thanksgiving holiday. Small Caps and Value...
Afternoon Update
The major indices moved mostly sideways over the last hour. Conviction is lacking in front of the holiday break. Markets...
Coinbase
3:16 p.m. ET This is just a quick reminder that Coinbase (COIN +6.3%) looks good with a clean bullish Ascending...
Gold Update
Gold futures settled todays session higher by +0.7% to $2,639.90/oz, rebounding from one-week lows and bolstered today by a weaker...
Intraday Update
1:40 p.m. ET Today’s trade has a positive bias in market breadth, but losses in the major indices. Advancers lead...
Early Update – Large-Cap Tech Weighs Down The Market & Further Progress on Inflation Stalls
1156 p.m. ET There’s so much economic data this morning, it takes some time to look beyond the headline print...
SOX Breaking Bear Flag
1023 a.m. ET The Semiconductor index is down -2.2% and breaking below the bear flag. (15m) ...
Economic Data Update
Initial Jobless Claims weren’t a surprise. Continuing Claims are at 3-yr high. It’s a mixed print. Employers are reluctant to...
A.M. Update
Index futures are mixed, and mostly little changed (S&P -0.1%, Dow +0.1%, Nasdaq -0.3%, Russell 2000 +0.7%) with the market...
Daily Wrap – PCE On Deck
I’m going to keep tonight on the shorter side. One of the biggest lessons I’ve learned with indicators is not...
Quick Afternoon Update
The averages have been either lateral or slightly higher since the last update. Again, there’s not much movement. Sector performance...
Market Update
245 p.m. ET There’s a change in character with Growth over Value and Mega Caps over Small Caps today… (1m)...
Israeli Cabinet Approves Ceasefire in Lebanon
129 p.m. ET The ceasefire is set to go into effect at 10 a.m. tomorrow. Presidents Biden and Macron will...
Israel/Hezbollah Peace Deal (?) & Crude
12:28 p.m. ET Despite Israel launching what may be one of the biggest attacks yet on Beirut today with 20...
Early Update – Mini Rotation of Growth Over Value, Mega Caps Over Small Caps.
11:48 a.m. ET Yesterday continued the Value over Growth theme of the prior 2 or so days, and while cyclical...
A.M. Update
The overnight session has been volatile with index futures first spooked at Trump’s tariffs, then rebounding with investors taking an,...
Daily Wrap – Rotation With a Twist
Given the lack of immediate 3C (and other signals) y the close on Friday, it made sense that Thursday/Friday’s rotation...
Afternoon Update
This morning started off interesting in several ways, but this afternoon has been like watching paint dry. There’s not much to...