Intraday Update – Change in Tone
1:13 p.m. ET It’s pretty interesting how mega-caps are providing key support to the market in unfavorable conditions for them...
Early Update
10:51 a.m. ET The two fears the market is dealing with today are the Fed and geo-political concerns. Futures were...
A.M. Update
The S&P 500 futures trade roughly in-line with fair value (-0.15%) after Russian Minister of Foreign Affairs Sergei Lavrov said...
Afternoon Update
The market had a good start to the week, but is ending the week lower after a hotter than expected...
Geopolitical Risk Sparks a flight to Safety
2:49 p.m. ET The market just can’t catch a break the last 2 days. SP-500 1.9%, Dow -1.3%, NASDAQ-100 -2.9%,...
Intraday Update
1:25 p.m. ET SP-500 -0.55%, Dow -0.2%, NASDAQ-100 -1.2%, Small Caps +o.3% Just a few quick observations… First a few...
Yields at Highs as Fed Announces an Expedited Meeting for Monday
12:16 p.m. ET Yields have hit new session highs, I suspect as the Bullard saga deepens with an unusual unscheduled,...
Early Update
11:24 a.m. ET It seems yesterday’s extremely hawkish comments by St. Louis Fed President Bullard are receiving some public and...
A.M. Update
S&P futures reversed overnight losses and sit with a small gain (+0.15%) as some doubts about the aggressive Fed rate...
Daily Wrap
While I usually cover the daily gyrations of the market, today’s U.S. Consumer Price Index (CPI) came in at a...
Afternoon Update
Heading into the close the bond market is a lot uglier than equities with the 2-year yield jumping nearly 25...
Market Update – Bullard VERY Hawkish
1:23 p.m. ET I’ve been a little impressed with how the market has dealt with the ramifications of the CPI...
Early Update – Bouncing Back
10:38 a.m. ET The stock market was off to a tough start following the January CPI report, which has fueled...
A.M. Update- BAD CPI Reaction
Index futures did not like the CPI report. Total CPI rose 0.6% m/m in January (consensus +0.5%), as did core...
Daily Wrap
A couple of takeaways from yesterday’s Daily Wrap, Yesterday the market – especially growth stocks – acted way better than...
Afternoon Update
I’ve got all my intraday data reloaded and have taken a look at the charts. The S&P followed in Dow’s...
Intraday Market Update
2:31 p.m. ET The market needed a break from inflation concerns ahead of tomorrow’s CPI to get some upside traction...
Market Update – On Our Way with Broad-Based Gains
11:22 a.m. ET One of the helpful developments seen in last night’s Daily Wrap was Treasury futures’ 3C charts suggesting...
A.M. Update
S&P futures are up +0.9%, while NASDAQ-100 futures (+1.3%) are stronger as yields come down. In a recent CNBC interview, Atlanta Fed...
Stock Analysis and Assessment
This morning had similar tone to yesterday as S&P futures were near unchanged, but appeared to be consolidating in a READ MORE