Flat FOMC Drift: Semis Lead, Mega-Cap Rotation Persists Amid Hawkish Shift & Dollar Backtest
The major stock indexes opened higher on Wednesday, lifted by strong corporate earnings reports and related developments (mainly in the...
Afternoon Update
Today’s FOMC and presser seems like a non-event, beyond the bar for additional rate cuts seemingly set a little higher,...
FOMC directive
The FOMC decision was no big shock. They voted to keep the fed funds rate steady at 3.50–3.75%, but with...
FOMC Drift
*Personal note – My mother is still in critical condition. I’m waiting on tests and doctor’s recommendations on where to...
A.M. Update
S&P futures are up +0.15%, while Nasdaq-100 futures are up +0.7%. Chipmakers are higher this morning on earnings and news....
Market Update
I’m currently bouncing between doctor updates and waiting on test results, with the big question mark still hanging over whether...
Urgent Family Matter. Brief Hiatus Today, Thank You All
Just received the call—heading to the hospital now. I’ll be mostly unavailable today but will try to check in when...
Precious Metals Flash Yellow Flags After Explosive Surge
I want to thank everyone for the thoughtful messages. Unfortunately, my mother’s condition has declined sharply and unexpectedly, with the...
Afternoon Update
For context, Small Caps/High Beta have outperformed in 2026 (starting around the Christmas holiday)… MAG/IWM (2H normalized) We’re seeing some...
Market Update
*On a personal note, my mother is currently in critical condition in the hospital. We’re awaiting test results and monitoring...
A.M. Update
Index futures are set for a mixed, flat start. Nearly 100 S&P 500 names are set to report this week,...
The Breaking of Things?
Summing up the week with a picture… Chaotic. Many of January’s 2026 trends and assumptions seem to be crashing down...
Crude Update
WTI is up +3%, strengthening the bullish tone within this consolidation phase. The bigger picture: (60m) Intraday: (3m) This smaller...
Carry Trade Chaos
I’ve already covered USD/JPY’s change in character and why: Prime Minister Takaichi’s dovish, debt-financed stimulus push, plus snap February 8...
Carry Trade Tremors & Leadership Rotation: 2026’s Risk-On Theme Showing Cracks
Today’s market landscape features a multitude of interconnected dynamics playing out across various asset classes, sectors, and time horizons, creating...
A.M. Update
S&P futures are down -0.25%, sliding lower overnight after the Yen dropped sharply in seconds on a “a hawkish hold” from...
Daily Wrap
The dominant market theme Thursday centered on relief-driven follow-through from Wednesday’s headline-driven volatility, sparked by geopolitical concerns around Greenland and...
Intraday Update
Most of the gaps from Tuesday’s open have been filled. NDX SPX I’m not sure that the afternoon tone is...
Market Update – Filling Tuesday’s Greenland/Tariffs Gap
The stock market has seen a continuation of yesterday’s strength, though the market has advanced in a more orderly fashion...
A.M. Update
S&P500 futures are up 0.65%, adding to yesterday’s rollercoaster, relief rebound as President Trump announced there is a “framework of...