Daily Wrap
The craziness of geopolitical headlines moving the market (up and down, but down more recently) continues unabated. Compared to yesterday’s...
Afternoon Update
Headline volatility has kept investors on their toes. After President Biden banned the import of Russian oil to the U.S.,...
Market Update – Resistance and News
2:44 p.m. ET The adventures in intraday price continue. SP-500 +0.25%, Dow +0.3% (Dow Transports +0.65%), NASDAQ-100 +0.75%, Small Caps...
Stocks Rally Amid Report Ukraine Will No Longer Seek NATO Membership
1:01 pm. ET The S&P 500 is up +1.3% following an unconfirmed headline that Ukraine will no longer seek NATO...
Early Update- Second Order Effects
11:38 a.m. ET As frustrating as the daily volatility around headlines is (I often have to rewrite this post 2-3...
A.M. Update
S&P futures are about +0.1% higher. Russian forces have significantly slowed their advance ahead of a key diplomatic meeting on...
Daily Wrap
You could say the markets worried about the Russia/Ukraine situation, but the lack of safe-haven trades today is just one...
Afternoon Update
Overall sentiment is risk-off as crude oil prices surged to $130 overnight and there’s more and more talk of sanctioning...
Market Update – Test of S&P Jan 24th Low
12:59 p.m ET The growth stocks have been leading the retreat as the Russell 1000 Growth Index trades lower by...
Early Update
10:46 a.m. ET The NASDAQ and Small Caps opened higher, however NASDAQ-100’s large-cap growth stocks underperform as yields have risen,...
A.M. Update – Oil Hits $130
S&P futures are starting the week off again on a volatile note, down -0.45%, but off overnight lows, after WTI...
Afternoon Update
At the time of this writing here are the stats for the week… SP-500 -1.5%, Dow -1.5% (Dow Transports +1%),...
Market Update -Off the Lows
1:29 p.m. ET There are a lot of signals and not all on the same page, but that’s been a...
Early Update
10:51 a.m. ET The stock market is off to a weak open after Russia seized Europe’s largest nuclear power plant...
A.M. Update
I saw a decline in futures last night, but wasn’t sure what was behind them, it was no small thing,...
Daily Wrap
After yesterday’s strong gains and 1-day overbought internals, I was looking for a consolidation/correction to alleviate overbought conditions. We got...
Market Update – Consolidation/Correction
1:48 p.m. ET I think the market needed a bit of a correction or consolidation with yesterday’s overbought conditions, but...
Early Update
10:56 a.m. ET After spending some time consolidating yesterday’s gains overnight, index futures popped on reports an Iran nuclear deal...
A.M. Update
Index and treasury futures have been muted in front of peace-talks. However, crude oil has slid lower on speculation that...
Stock Market Analysis -Bull Flag’s Breakout
Although the ride has been bumpy, I’m pretty happy with last Friday’s Afternoon Update forecast for this week, “I do READ MORE