Afternoon Update
This is going to be my last post. You may recall Monday I mentioned, “I have a friend and near...
Market Update – Consolidation Phase
11:50 a.m. ET S&P retraced overnight losses in to the cash open, led by strength in mega-caps (MGK +0.9%), to...
A.M. Update
S&P futures are down -0.65% to $4373, trading in another large consolidation. U.S. officials believe that Russia will use “brandish...
Daily Wrap
All of the major averages and all 11 S&P sectors were approximately green across the board for St. Patrick’s Day...
Afternoon Update
I think that’s it for today’s advance, unless there’s a solid push through S&P-$4400 into the close/overnight, which will have...
Intraday Update
2:10 p.m. ET The stock market is up for the third straight day, but the gains are relatively small compared...
Early Update -Consolidation
11:29 a.m. ET S&P futures have been consolidating the 2-day rally overnight in a typical small bull flag. At the...
A.M. Update
S&P futures are -0.45% lower in a consolidation of yesterday’s gains. Chinese stocks extended their rebound rally on Thursday, following...
Daily Wrap
The S&P-500 gained 2.2% today as the market knee-jerked lower, but ultimately brushed off a hawkish-sounding FOMC decision once Fed...
Afternoon Update
This will be brief. Stocks rebounded as Powell struck a dovish tone – not to mention the Fed’s rate hike...
Powell Speaks and Many Knee-Jerks Fade
3:09 p.m. ET As suspected, Powell is taking an optimistic tone and walking back some of the knee jerk reactions...
FOMC Update
2:33 p.m. ET The Fed raised the target rate to 0.25% to 0.5% (25 bp as expected). Not surprisingly as...
Intraday Update – SPX $4300 on the Radar
1:04 p.m. ET SP-500 +1.3%, Dow +0.9% (Transports +3.3%), NASDAQ-100 +2%, Small Caps +2.2% The earlier ceasefire negotiations reported by...
Early Update – Measured Move Upside Equity Targets Easily Fulfilled
11:14 a.m. ET In yesterday’s Afternoon Update I said I thought the averages had another at least +1% of follow-through...
A.M. Update
S&P futures extended yesterday’s rebound and trade up +1% around $4300. Ukraine President Zelensky said peace talks were sounding more...
Stock Market Analysis – FOMC On Deck
A continued decline in the price of crude oil and a decline in treasury yields was just what the market READ MORE
Daily Wrap
A continued decline in the price of crude oil and a decline in treasury yields was just what the market...
Market Update – Consolidation Breaking Out
As of the last update it looked like the averages were entering a consolidation phase intraday, now they’re coming out...
Intraday Update
12:48 p.m. ET Stocks experienced a little speed bump intraday as Russia’s Putin told European Council President Charles Michel that...
Early Update -Lower Yields and Oil Support Rebound
11:16 a.m. ET The major indices begin the session on a higher note, helped by weaker oil prices (-8.65%) and...