Daily Wrap
The S&P gained a tenth of a percent (+0.1%) in a defensively oriented session. The Dow Jones Industrial Average also...
Daily Wrap
The main point of focus today was the Core CPI coming in at the hottest in 30-years. This prompted an...
Daily Wrap
The S&P, Dow and NASDAQ-100 made new record closes again today with modest moves of less than a half percent,...
Daily Wrap
Peak growth concerns that have pestered the market all week were in sharp focus today. The negative bias was formed...
Daily Wrap
The S&P 500 gained 0.3% on Wednesday, setting another pair of intraday and closing record highs in a mixed session...
Daily Wrap
Last Friday the S&P closed at a new record high for the seventh consecutive day, the longest such streak since...
Afternoon Update
Despite, the headline Payrolls report beating expectations (with a handful of disappointing misses within), the report has been interpreted by...
Daily Wrap
The S&P set its sixth consecutive record high on a fairly broad-based advance with a bias toward value style factors....
Daily Wrap
Today closed out the month of June and the second quarter. The S&P gained less than two-tenths of a percent...
Daily Wrap
In last night’s Daily Wrap I suspected probabilities today favored a cyclical/value rotation (favoring Small Caps and Dow over NASDAQ-100),...
Daily Wrap
I’m going to try something a little less formal tonight in the summary. Please excuse any clumsiness as I usually...
Daily Wrap
The S&P 500 set intraday and closing record highs on Thursday while the Dow Jones Industrial Average and Russell 2000...
Daily Wrap
The averages traded in a very narrow range, although Small Caps joined the NASDAQ-100 and S&P-500 in tagging likely upside...
Daily Wrap
Before the Fed Chair spoke to the House Select Subcommittee on the Coronavirus Crisis in the afternoon, the S&P 500...
Daily Wrap
The market started the week with a very orderly, broad-based oversold technical bounce with most asset classes retracing Friday’s moves...
Daily Wrap – Deflationary
I always warn to be careful about reading too much into the knee jerk reactions around Fed events, and that...
Daily Wrap -Hawkish Surprise
The market has been waiting out today’s FOMC. Although no rate-change or even policy change was expected, the market was...
Stock Market Update- FOMC
Index futures did nothing overnight, but fell at the open after stagflationary economic data in pre-market. Retail Sales missed big READ MORE
Daily Wrap
Index futures did nothing overnight, but fell at the open after stagflationary economic data in pre-market. Retail Sales missed big...
Daily Wrap – Extreme SKEW Reading
The averages traded in mostly dull fashion as we’ve seen the past few weeks and ended mixed, but there was...