Afternoon Update
The day has really turned ugly from a good start. The S&P has nearly given up the week’s gains just...
Hawkish Fed Speak and S&P Testing 50-Day
2:35 p.m. ET The S&P gave up an early +1.2% gain to trade into the red. While there’s price resistance...
Market Loses Steam As Yields Rise Double Digits
12:07 p.m. ET It has been a fluid morning with a strong start in stocks faded as bond yields continue...
A.M. Update
S&P futures are up +0.9%, NASDAQ-100 futures are up +1.2%. The growth stocks seemed to have gotten over the Netflix disappointment yesterday...
Daily Wrap
Today was a story of two seperate market narratives. The Dow, whose 3C chart showed substantial improvement last week and...
Market Update – Dow Looks Good
3:14 p.m. ET The Dow is looking very good, in fact right along the lines of the second leg of...
Early Update – Dow Outperforms, NASDAQ Underperforms as Netflix Weighs on Growth Stocks
11:34 a.m. ET There’s some bullish follow through in some of the averages from yesterday, but Netflix (NFLX -36%) is...
A.M. Update
Index futures are up +0.4% after an overnight consolidation, despite Netflix sinking -28% after earnings. The company lost 200,000 global...
Daily Wrap – Stock Market Analysis For April 19th, 2022
The market overcame a lot today – from a growth downgrade and inflation upgrade from the IMF, to a a READ MORE
Daily Wrap
The market overcame a lot today – from a growth downgrade and inflation upgrade from the IMF, to a a...
Afternoon Update
The market has been pretty quiet intraday since the last update looking for an intraday consolidation. Price has been doing...
Intraday Update – Intraday Consolidation
1:40 p.m. ET S&P, Dow and Small Caps have come within less than a quarter-percent of Thursday’s morning highs. The...
Early Update – Strong Start Despite Higher Yields
10:45 a.m. ET Despite higher yields and an early mixed open, we’ve got a good start for stocks. The SP-500...
A.M. Update
I’m not sure if this is from Fed speak or the IMF cutting global growth forecasts, while raising inflation forecasts,...
Daily Wrap
The U.S. markets are back from last week’s holiday shortened week, but Europe was closed still in observance of Easter....
Intraday Update – S&P Still Hovering Around $4400
2:50 p.m. ET Since the last update the S&P traded blow $4400 to session lows, but only down a half...
Early Update – S&P $4400
11:13 a.m. ET The averages are mixed with muted conviction. Thursday’s rise in yields did take a toll on equities....
A.M. Update
Asian stocks closed mostly lower, while Europe remains closed for Easter. S&P futures are down -0.35% as treasury yields push...
Afternoon Update
Today is the last day of the week for U.S. markets, which will observe Good Friday tomorrow. Earnings season just...
Intraday Update
1:53 p.m. ET Yields are higher than the last update and that sent the averages to new session lows. Although...