Daily Wrap
The S&P snapped a 3-day, -5.6% losing streak. The NASDAQ-100 led to the upside and the Dow lagged. Index futures...
Daily Wrap
Pretty much everything was down today except the Dollar. And what changed from last week? Nothing that the market couldn’t...
Stock Market, Currencies, Commodities and Bitcoin Update
Another mixed day for stocks with mega-caps outperforming (the same way they started Monday morning), but the rest of the READ MORE
Daily Wrap
Another mixed day for stocks with mega-caps outperforming (the same way they started Monday morning), but the rest of the...
Daily Wrap
Last week was a very dull week for stocks, mostly trading sideways in small ranges, reacting to news, but they...
Early Update – Reflation Unwind
10:07 a.m. ET In the weekend video I demonstrated how cyclical sectors that should benefit from a higher yields in READ MORE
Daily Wrap
I expected that all other things equal, the market would be sideways and choppy for earnings season with the S&P...
Daily Wrap
Today was another indecisive session for stocks that are currently fixated on the latest he-said, she-said stimulus headlines. Pelosi said...
Daily Wrap
NASDAQ ended its 5-day losing streak with a green close. Yesterday’s Internals depicted a 1-day oversold condition and the S&P...
Daily Wrap
The market ended last week with a loss of momentum on the weekly charts. SP-500 (weekly) as of Friday’s close...
Stock Market Daily Wrap – October 15, 2020
Yesterday was an odd day in that if you took price action for the major averages in a vacuum, price READ MORE
Daily Wrap
Yesterday was an odd day in that if you took price action for the major averages in a vacuum, price...
Daily Wrap
The British Pound bounced on news the U.K. would not walk away from Brexit talks and that allowed the U.S....
Daily Wrap
A day after USD/JPY traded below its trend line, the major indices snapped four-session winning streaks. NASDAQ and the three...
Daily Wrap
The stock market had its best day since April with steady advance driven by the mega-cap stocks. The Nasdaq-100 outperformed...
Weekly Wrap – Stimulus, Reflation, Rotation and Shorts Squeezed
A couple of weeks ago the S&P had fallen over -10% and the NASDAQ-100 had fallen more than -14%. The...
Daily Wrap
Today was a lackluster day in which nothing spectacular happened – a good day for my doctor’s appointment. News that...
Stock Market Daily Wrap
Averages bounced back today primarily driven by renewed stimulus hopes and secondarily by coronavirus-related optimism. After yesterday’s Trump tweet effectively READ MORE