Afternoon Update
What a day it has been with the NASDAQ-100 opening 1% higher, down more than 2% this morning, and closing...
Daily Wrap
It seemed that today was likely to go one of two ways – Powell could have given a nod to...
Stock Market Daily Wrap – March 3, 2021
When I was looking at index futures this morning and preparing the A.M. Update, S&P futures had gained overnight and READ MORE
Daily Wrap – The Market Sending Powell A Message?
When I was looking at index futures this morning and preparing the A.M. Update, S&P futures had gained overnight and...
Daily Wrap
Yesterday market internals put together what I called, “a textbook and strong 1-day overbought condition. ” in last night’s Daily...
Daily Wrap
March kicked off with a strong oversold rebound rally, likely helped by first-of-the-month inflows. From Friday’s Afternoon Update “SP-500, NASDAQ-100...
Daily Wrap
From last night’s Daily Wrap “What tends to be the most important is not whether yields are rising or not,...
Daily Wrap
Index futures initially gained overnight, but fell sharply in pre-market around 8 a.m. ET with relative weakness in the mega-cap...
Daily Wrap
After the S&P and NASDAQ closed lower 5 consecutive days, it seemed like the market was getting short-term oversold, but...
Stock Market Update – Feb. 22, 2021
The February rally off the S&P’s 50-day is running into trouble over inflation concerns amid unbridled monetary stimulus from the READ MORE
Daily Wrap
The February rally off the S&P’s 50-day is running into trouble over inflation concerns amid unbridled monetary stimulus from the...
Daily Wrap
The S&P fell -0.45%, although off the worst leves of the day down -1.2% in the morning. Small Caps displayed...
Daily Wrap
Index futures took a tumble in pre-market after a hotter than expected Producer Price Index reading. The market has been...
Daily Wrap
The week was set for a positive start. The MSCI World Index (+0.25%) posted a 12th consecutive day of gains...
Daily Wrap
Index futures started the day modestly higher. There was some notable early weakness led by small caps and Micro Caps,...
Daily Wrap
The major averages started the day higher after a weaker than expected inflation report before the open. However, shortly after...
Daily Wrap
It seems like volatility yesterday (Monday) was picking up on something as the S&P’s 6-day rally off its 500-day moving...
Stock Market Update – February 8, 2021
Despite strong follow through performance from stocks today, the real story was Tesla(TSLA +1.3%) buying $1.5 bln. of Bitcoin with READ MORE
Daily Wrap
Despite strong follow through performance from stocks today, the real story was Tesla(TSLA +1.3%) buying $1.5 bln. of Bitcoin with...
Daily Wrap
After losing price momentum yesterday, the S&P continued its 4-day bounce off the 50-day to make a new record closing...