Daily Wrap
The S&P 500 and Dow Jones Industrial Average eked out intraday and closing record highs on Monday after being down...
Daily Wrap
The two main themes today were today’s Producer Price Index showed inflationary pressures in stark contrast to yesterday’s Consumer Price...
Daily Wrap
Today was a fairly big day for headlines and economic data. Closely watched CPI (inflation) data came in as expected,...
Daily Wrap
I’m sorry to say that due to a family emergency there will be no daily wrap tonight. I’ll be back...
Daily Wrap
On the day the stats look like a slow, dullish day lacking conviction, but there were fireworks under the surface...
Daily Wrap
Despite a tough session, and some ugly price action Wednesday afternoon in the Dow, and weaker looking credit, I said...
Daily Wrap
The day started with mixed economic data including a huge miss in the ADP Jobs report, ahead of the Non-Farm...
Daily Wrap
The market faded a positive start like yesterday, the major averages all completed 2nd legs lower between a bearish consolidation...
Stock Market Daily Wrap For August 2nd, 2021
August has a tendency to have a negative seasonal bias, but the first few days of any month tend to READ MORE
Daily Wrap
August has a tendency to have a negative seasonal bias, but the first few days of any month tend to...
Daily Wrap
Stocks rallied with a pro-cyclical bias. The advance was supported by a number of factors including both good and bad...
Daily Wrap
Unlike Monday night when futures had an increasingly defensive look (followed by a plunge in Chinese equity markets), last night...
Daily Wrap
In last night’s Daily Wrap (overnight section) S&P futures’ 3C chart was negatively diverging, while safe-haven assets’ 3C charts were...
Daily Wrap
Chinese tech stocks were a bloodbath again as Beijing’s crackdown deepens and Chinese ADRs continued to get smacked amid regulatory...
Daily Wrap
The benchmark S&P-500 Index extended its rally to a 3rd day, but as posted earlier (Loss of Momentum), the +0.2%...
Daily Wrap
The stock market extended its oversold/technical rebound to a second day as economic concerns surrounding the Delta Covid variant continued...
Daily Wrap
We got a textbook oversold technical bounce today and a pretty impressive one. Index futures were up this morning. There...
Daily Wrap
The stock market declined sharply today with index losses ranging between 1.1% (NASDAQ Composite) and 2.1% (Dow Jones Industrial Average),...
Daily Wrap
Today was a bit of a different day as mega-caps that have supported the market since mid-May as bond yields...
Daily Stock Market Analysis
The S&P gained a tenth of a percent (+0.1%) in a defensively oriented session. The Dow Jones Industrial Average also READ MORE