Early Update
11:27 a.m. ET The Dow outperforms in a widely mixed open. The NASDAQ underperforms as yields jump after a raft...
A.M. Update
Index futures are trading between flat and down -0.3% (S&P -025%) in what remains consolidative activity from yesterday’s gains as...
Daily Wrap
The equity market had a decent day, despite an earnings miss from JPMorgan Chase (JPM -3.2%) to kick off earnings...
Afternoon Update
Intraday price action has stayed solidly positive since the cash open. Russell 2000 futures (1m) Presently the averages are all...
Intraday Update
12:55 p.m. ET Price action is looking pretty constructive intraday. S&P has overtaken $4400 and its 50-day, the Dow is...
Early Update – Yields Continue to Come Down
10:53 a.m. ET The indices are posting modest gains with Transports, Small Caps and NASDAQ-100 outperforming the benchmark index. Treasury...
A.M. Update
S&P futures are near unchanged, giving up about a half-percent pre-market gain as the Q1 earnings reporting season begins in...
Daily Wrap
From last night’s Daily Wrap, “The most influential (large-cap Tech stocks) are under pressure from a continuation of the rise...
Afternoon Update
All of the averages dropped into the red since the last update. They’re now mixed and largely little changed, but...
Market Update
2:07 p.m. ET Wall Street is seeing some relief in equities and treasuries, helped in large part by the better-the-feared...
Early Update – CPI Stick-Save
11:10 a.m. ET As I’ve been covering for the better part of a week, soaring bond yields were causing selling...
A.M. Update – CPI Better-Than-Feared
Core CPI for March came in better than feared. Total CPI rose 1.2% m/m in March, as expected, while core...
Daily Wrap
I’m going to keep tonight’s post on the brief side because there’s only one major factor right now influencing trade....
Afternoon Update
Heading into the close, the S&P-500’s bull flag consolidation phase still looks alright, although it’s testing a key technical level...
S&P Testing 50-day
1:21 p.m. ET S&P-500 is down -1.15% in early afternoon action and testing its 50-day sma. The equal weight S&P...
Early Update – Longer Term Yields Still Weighing on Growth Stocks
11:17 a.m. ET Mega-cap stocks (MGK -2.35%) are holding back the major averages as higher yields continue to pressure the...
A.M. Update
S&P futures trade -0.7% lower as Treasury yields continue to push higher in front of a consequential week for economic...
Afternoon Update
U.S. stocks are on course to snap a three-week winning streak with investors shedding risk assets following indications from the Fed...
Intraday Market Update – Yields Are The Answer for Equities Near Term Probabilities For Next Week
3:08 p.m. ET The averages continue to trade mixed with low conviction. Higher yields (after a week of hawkish Fed...
Early Update – Higher Yields Pressuring Growth Stocks
11:17 a.m. ET The stock market is off to a mixed start, as the continued rise in interest rates weighs...