Early Update
11:41 a.m. ET We got some more economic data at 9:45 and 10 a.m. and the net effect was to...
A.M. Update
S&P futures are down -0.25% on this first day of the new month, and while the market awaits Powell’s comments....
Daily Wrap – A Hiding Spot?
I have a lot for you again tonight. I’ve always said that “Dull markets cause me the most work”. I...
URA (Uranium ETF)
We’re not closed yet, but I like this rebound, this strong, wide daily candle and the heavier volume. URA (daily)...
Afternoon Update
I’ll make this quick. The S&P is still stuck in the August 2nd bearish gap area, which continues to act...
Semiconductors – Nvidia (NVDA)
3:30 p.m. ET As I’m thumbing through various charts, Nvidia looks interesting and maybe worth keeping an eye on. Earlier...
Early Update – Mega-Caps Ugly; Failed Breakouts and Fast Reversals
11:58 a.m. ET Similar to yesterday, 3C was not confirming the overnight gains in index futures; and similar to yesterday,...
A.M. Update
S&P futures are up a third of a percent in what looks like an attempt to cap off a strong...
Daily Wrap – IMPORTANT POST
My apologies for the late hour of this post. I have been working pretty much non-stop since the close. There’s...
Important Post Coming
I am still working on tonight’s Daily Wrap. I think it’s an important one and there’s a lot to cover....
Afternoon Update
Well today was a bit of a flop for the equity market. Rate cut excitement and short covering gave the...
Intraday Update
1:42 p.m. ET Just a quick update. Not much has changed since the last update when the S&P gave up...
Early Update – Good Lord!
11:31 a.m. ET There’s a lot shifting around and rather than write and rewrite this post, I’m going to get...
A.M. Update
S&P futures are up +0.5% as yields and the Dollar are lower again this morning. Yields have pressed lower on...
Daily Wrap
First, God Bless Charlie Munger. He passed peacefully today at 99 years old. I love the common sense of this...
Afternoon Update
Most of the averages are pretty close to unchanged as the S&P goes into a 4th consecutive day in which...
Intraday Update – Yields Off Lows, Stocks Back to Unchanged (mostly)
1:43 p.m. ET Unlike yesterday auction, today’s 7-yr Treasury auction had a poor showing. However, even before that long term...
Early Update -Fed Speak
12:03 p.m. ET It’s been a very a fluid morning in the market due to some contradictory Fed-speak. I’ve had...
A.M. Update
S&P futures are down -0.2%. Again, there isn’t much conviction on the part of buyers or sellers. Today’s economic calendar...
Daily Wrap
Talk about a dull day in the market! It felt the same as Friday’s half day on this Cyber Monday,...