Daily Wrap
Yesterday NASDAQ-100 broke down after a failure of local support at a large consolidation. Commodities signalled a risk aversion that...
Stock Market Daily Wrap – May 10, 2021
The day started out with futures reflecting an investor preference for large-cap Dow and cyclical stocks, while large-cap Tech was READ MORE
Daily Wrap
The day started out with futures reflecting an investor preference for large-cap Dow and cyclical stocks, while large-cap Tech was...
Daily Wrap
Today was a fairly volatile session with a majority of S&P sectors green early, then all of them red this...
Daily Wrap
After holding multiple technical support levels yesterday, and Treasury Secretary and former Fed chair, Janet Yellen, backpedalling yesterday’s comments, prices...
Daily Wrap
From the Summary of last night’s Daily Wrap… “During the course of the week I would not be surprised to...
Daily Wrap
Today was the first day of May, which is historically the start of the worst performing 6 months for the...
Daily Wrap
We finally saw some price volatility for the first time this week, and it’s probably not coincidental that it was...
Daily Wrap
For a third consecutive day the S&P traded in a very tight range and barely moved by the close. The...
Daily Wrap
Yesterday was a lackluster day of trade inside an exceptionally narrow range. Today was a virtual carbon copy ahead of...
Daily Wrap
Friday’s market internals leaned toward 1-day overbought and if you recall last week, we got a 1-day overbought and 1-day...
Daily Market Wrap
After a bounce trying to back-test the broken April trend line that resulted in a 1-day overbought condition yesterday, the READ MORE
Daily Wrap
After a bounce trying to back-test the broken April trend line that resulted in a 1-day overbought condition yesterday, the...
Daily Wrap
Monday and Tuesday losses were driven by concern over a flare-up in coronavirus cases around the world that could jeopardize...
Daily Wrap
The S&P declined for a second day on no specific news and no economic data. However, there is concern over...
Daily Wrap
There was little economic data to move the market, yet yields rose, large cap tech fell, and volatility outperformed despite...
Daily Wrap
***After the A.M. Update this morning, GoDaddy servers had trouble across the country including my website. You may have seen...
Daily Wrap
Growth stocks took the brunt of the selling today. Given that NASDAQ-100 looked the best before the open, the weakness...
Daily Wrap
The S&P 500 (+0.3%) set intraday and closing record highs on Tuesday, even after the FDA and CDC recommended that...
Daily Wrap
It was a fairly lackluster day in which the averages ended slightly lower within the context of a lot of...