Daily Wrap
I can’t say today was the most impressive day in equity land, but we did get some follow through from...
Afternoon Update
Small Caps are leading on the day as Value (+1%) outperforms Growth (+0.1%). The mega-cap index (MGK) is similar to...
Market Update – S&P Challenging $4200
2:10 p.m. ET The averages are seeing some modest follow through to the upside after yesterday’s intraday reversal and several...
Early Update – 3C Chart Update
11:30 a.m. ET The averages are higher after opening around yesterday’s bullish hammer candlesticks. Value style factors have an edge...
A.M. Update
S&P futures are up +0.15% as the market digests some cautious earnings and the Fed’s 2-day FOMC policy meeting kicks...
Daily Wrap
The first trading day of the month had picked up where April left off — the path of least resistance...
Afternoon Update – Getting Green Led By Growth Stocks
The S&P 500 (+0.55%) has climbed back above its flat line after being down -1.7% not too long ago. While...
Intraday Market Update
2:44 p.m. ET Despite the 10-year yield up 10 basis points, you can see in many ways from cap-weighted indices...
Early Update – Term Structure Backwardation
11:54 a.m. ET I have some interesting, new developments to share from this morning’s early trade. The averages have a...
A.M. Update
Index futures are off to a muted and mixed start to the month. S&P futures are down -0.15%, Dow futures...
Afternoon Update
Stocks ended the month of April downbeat, selling off right into the close. April wasn’t a great month to start...
Intraday Update
1:29 p.m. ET The S&P 500 is struggling with a -2.25% decline, as risk sentiment gets dialed back by disappointing...
Early Update
11:03 a.m. ET The averages are came off pre-market lows with Small Caps leading the way higher shortly after the...
A.M. Update
Global equities trade higher, but Index futures are lower off overnight highs due to Apple (-1.25%) and Amazon’s (-10.3%) earnings...
Daily Wrap
U.S. stocks posted solid gains despite the first quarter of contraction in GDP, a second quarter is needed to confirm...
Afternoon Update
2:41 p.m. ET This is out a bit early because I have my last emergency dental appointment at 2:45, but...
Averages at Session Highs With Improving Internals and 3C charts.
1:59 p.m. ET All averages have made or are trading at new session highs, including Small Caps. There’s no doubt...
Intraday Update – Some Improving 3C charts or Buying Conviction
12:45 p.m. ET Since the last update there are numerous 3C charts displaying improvement and some buying conviction as all...
Market Update – Recession Watch
10:56 a.m. The S&P 500 is trading off early highs (+1.4%) with a current 0.3% gain. Cyclical stocks are holding...
Daily Wrap
I’m going to keep tonight’s post brief. I had to go to the dentist for an emergency after the market...