Market Update – Session Lows as Mega-Caps Falter
2:30 p.m. ET There’s still a lot of weirdness in the market today with a rotation to value/cyclical stocks and...
Market Update -Some Normalcy Returning
11:50 a.m. ET Today there seems to be some semblance of normality trying to peek through the veil of ridiculousness...
A.M. Update
Asian markets followed the U.S. rally’s lead after the Fed came in more hawkish than expected. Europe also rallied. Central...
Daily Wrap
As anticipated, the Fed left the target range for the fed funds rate unchanged at 0.00-0.25%, but the other factors...
Afternoon Update – Surprising Reaction
As far as I can tell, just about everything out of the FOMC today was more hawkish than expected, and...
FOMC More Hawkish
As expected the Fed left the Fed funds rate steady, but the doubled the pace of taper to $30 bln...
Pre-FOMC Market Update
SP-500 -0.2%, Dow -0.15%, NASDAQ-100 -0.6%, Small Caps -0.6% The air of caution from this morning persists heading into the...
Market Update – Fairly Quiet With a Tinge of Weakness
11:14 a.m. ET Buying conviction in equities has been restrained by a deceleration in retail sales data, and in Treasuries...
A.M. Update
S&P futures are unchanged ahead of the Fed this afternoon. The S&P 500 enters the session down 1.7% over the...
Stock Market Daily Wrap – Pre FOMC
Index futures’ and VIX futures 3C charts didn’t look great for the market going into the overnight session last night. READ MORE
Daily Wrap
Index futures’ and VIX futures 3C charts didn’t look great for the market going into the overnight session last night....
Intraday Update – Volatility Coming Under Pressure
1:14 p.m. ET We’re now getting to more traditional short term oversold levels with decliners 2-to-1 over advancers and only...
Market Update – Hot PPI In Front of The FOMC
11:27 a.m. ET The averages are struggling after another hotter than expected Producer Price Index report (PPI) just a day...
Daily Wrap
Index futures started the week modestly higher in pre-market, but before the cash open the Omicron variant was once again...
Afternoon Update
Today has been a defensive session sparked b comments by UK PM Johnson as well as the British government upping...
Market Update – Short Term Inflation Expectations Soar
1:43 p.m. ET SP-500 -0.7%, Dow -0.85%, NASDAQ-100 -1.1%, Small Caps -1.9% The first market whammy was UK PM Johnson...
Early Update – Omicron Fears Resurface
11:22 a.m. ET Stocks were set for a modestly higher stat to open the week, but index futures dropped into...
A.M. Update
Index futures edge higher to start the week ahead of the FOMC. Supportive factors include leadership from Apple (AAPL +1.2%), receding...
Afternoon Update
Coming into this week my view was that probabilities favored an oversold rally to fill the post-Thanksgiving gaps down, and...
Market Update
2:30 p.m. ET SP-500 +0.65%, Dow +0.4%, NASDAQ-100 +0.7%, Small Caps -0.4% Touching on this morning’s CPI, inflation came in...