Intraday Update
2:02 p.m. ET From the averages’ perspective, not much has changed with the S&P and Dow still tangling with resistance...
Early Update – Growth Stocks Lead Rebound
10:40 a.m. ET The bounce is underway with yields relatively contained and consolidating. The S&P is facing its first test...
A.M. Update
S&P futures are up +0.55%, NASDAQ-100 futures up twice that. Yields are fairly stable. The 2-year yield is up one...
Daily Wrap
While yields backed down today, stocks struggled to gain traction and ended the day with a weak close. The S&P...
Afternoon Update
Stocks have had trouble rebounding even with lower rates. Yields are down 2-4 bp and from Treasury futures’ 3C charts...
Looking Better – Buying Some S&P For Quick Long Tade
12:438 p.m. ET For those who have expressed an interest in playing a bounce on the long side (my estimate...
Market Update – Yields Could be Opening a Window
11:42 a.m. ET The averages have largely given back overnight and early cash open gains. S&P went from a +0.8%...
A.M. Update
The S&P 500 futures are up 0.4% as yields slow their ascent. Small Caps display some relative strength. In the...
Daily Wrap
Thursday night 3C charts of Treasury futures suggested yields were about to move higher, which they did Friday, and followed...
Afternoon Update
The market has been under pressure all day as yields across the curve have spiked. The Fed sensitive 2-year yield...
Intraday Update – VIX Under More Pressure May Open A Quick Trade
2:10 p.m. ET The S&P continues testing its 100-day, not much has changed on ut 3C chart, but market breadth...
Intraday Update
The S&P is testing its 100-day now and Small Caps are testing 12/20’s oversold low. However, the 10-year yield is...
Early Update – Yields Resume Surge – Stocks Sink
10:51 a.m. ET From Friday’s Afternoon Update, “If we break above 1.80% on the 10-year, then stocks are likely to...
A.M. Update – 2-Year Above 1% & Futures Fall
After a fairly quiet futures market over Monday’s Martin Luther King holiday, futures have resumed their decline as the 2-year...
Afternoon Update
So far the S&P’s test of the morning lows amid oversold conditions, has held, despite yields climbing fairly sharply. JPMorgan...
Intraday Update – Testing
2:11 p.m. ET Finally we’re getting the S&P test of the morning lows alluded to in the last update after...
Early Update – Yields Higher
11:10 a.m. ET The averages are off their worst levels of the morning, but it looks likely the morning lows...
A.M. Update
Global equity markets followed the S&P lower after yesterday’s rout. S&P futures bearishly consolidated overnight before plunging lower again, down...
Stock Market Daily Wrap
The S&P 500 fell -1.4% on Thursday, as the growth stocks succumbed to renewed selling interest in spite of lower READ MORE
Daily Wrap
The S&P 500 fell -1.4% on Thursday, as the growth stocks succumbed to renewed selling interest in spite of lower...