Early Market Update
9:59 a.m. ET The major averages are down around 3%. Small Caps tried to rally, but yields made lower lows READ MORE
Daily Wrap
The market found no solace in President Trump’s Wednesday night press conference. Index futures started to decline as the press...
Daily Wrap
Buyers briefly had control this morning as the S&P 500 advanced as much as +1.7% with all 11 sectors green,...
Daily Wrap – February 25, 2020
It may seem like there’s a lot to say on a day or week like this, but in truth all READ MORE
Daily Wrap
It may seem like there’s a lot to say on a day or week like this, but in truth all...
Daily Wrap
The headlines today are that stocks had their worst day in 2 years due to a rapid spread of Corona...
Video Update
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Charts Update – Averages, Gold, Rates and FX
10:45 a.m. ET, February 14, 2020 While the market is relatively quiet, I’m rounding up the relevant charts to get READ MORE
PMI Crashes
Economic data this morning is surprisingly bad. First, Existing home sales for January declined 1.3% to a seasonally-adjusted annual rate READ MORE
Daily Wrap
Early in last night’s overnight session index futures gained a quarter of a percent on the latest corona virus stats,...
Daily Wrap
The day’s narrative is that investors remained optimistic about the global economic outlook despite the coronavirus. Today’s optimism sprung from...
Daily Market Wrap- February 18, 2020
Apple (AAPL -1.8%) made good use of the U.S. holiday to declare a revenue warning due to the coronavirus, after READ MORE
Daily Wrap
Apple (AAPL -1.8%) made good use of the U.S. holiday to declare a revenue warning due to the coronavirus, after...
Daily Wrap
The market’s bullish narrative over the past few days has centered around reports that had indicated that the rate of...
Daily Wrap and Overnight Session – February 12, 2020
The major averages extended the last 2 weeks’ gains. The narrative of the day was shaped by reports from China READ MORE
Daily Wrap
The major averages extended the last 2 weeks’ gains. The narrative of the day was shaped by reports from China...
Daily Wrap
Today’s rally followed improving tone among multiple asset classes Monday night. From the overnight section of last night’s Daily Wrap,...
Daily Wrap
Index futures gave an early hint as to where the market’s attention would be focused today… on China returning from...