A.M. Update
Global markets followed Wall Street higher and Alphabet (GOOG +9.3%) leads the extended rebound in futures following its better-than-expected earnings report....
Daily Wrap
The market held up well today all things considered… manufacturing growth slowed more than expected and inflation came in higher...
Afternoon Update
Over the last 30 minutes or so, Communications, Tech and Consumer Discretionary have lifted higher and pushed the major averages...
Intraday Market Update
2:24 p.m. ET Since early market action, Treasury yields backed off their highs in the wake of economic data this...
Early Update – Averages Pause, Value Outperforms
11:03 a.m. Yields are higher after this morning’s economic data, which put a dent in risk sentiment as it came...
A.M. Update
Futures are holding steady (+0.1%) after a 2-day rally. The benchmark index is up 4.4% over the last two sessions....
Daily Wrap
Stocks saw their biggest drawdown in January since the COVID crash. Over the past few months you may recall a...
Intraday Market Update
2:16 p.m. ET Large-cap growth stocks are pacing the gains today as bond yields remain behaved. Small Caps are improving...
Early Update – Not a Bad Start
10:46 a.m. ET The averages have tacked on some gains since the cash open. Yields remaining relatively under control, and...
A.M. Update
On the final trading day of January index futures are split with S&P futures down -0.2% and NASDAQ-100 futures up...
Afternoon Update
Monday we got seller’s exhaustion or capitulation and since then price has been in a correction (except small caps) with...
Market Update -Small Caps Testing Morning Lows Soon
2:30 p.m. ET Yields are down between 1 and 3 bp as the Fed’s preferred measure of inflation came in...
Early Update
11:11 a.m. ET The averages are off their worst levels of the morning. And they’re trading just under the bear...
A.M. Update
Apple’s earnings gave futures a boost last night, but futures have since faded the gains with S&P futures currently down...
Daily Wrap
The S&P 500 lost 0.5% on Thursday, closing lower for the third straight day as investors sold into early strength...
Afternoon Update – Reading the Tea Leaves
Since the last update expecting Small Caps to test Monday’s low and the S&P, Dow to follow NASDAQ-100 and test...
Test of Flags
1:29 p.m. ET Intraday price action remains volatile. Each of the major indices started the session up between 1.6-1.8% in...
Early Update
11:06 a.m. ET As touched on in the overnight section of last night’s Daily Wrap looking at Treasury futures, yields...
A.M. Update
S&P futures are up +0.8% The 2-year yield has jumped another 9 basis points to 1.18%. Long-term rates have slipped,...
Daily Wrap
Today was yet another insanely volatile day in intraday action (Dow swung 900 points) as we have seen all week,...