Stock Market Daily Wrap
The S&P 500 fell -1.4% on Thursday, as the growth stocks succumbed to renewed selling interest in spite of lower READ MORE
Daily Wrap
The S&P 500 fell -1.4% on Thursday, as the growth stocks succumbed to renewed selling interest in spite of lower...
Intraday Update
2:46 p.m. ET As of the last update the averages were trading just off session low and several near moving...
Market Update
1:08 p.m. ET Things have gone from dull to worse as Technology initially dragged the market lower, but this isn’t...
Early Update – Stocks Struggling to Gain Traction
11:03 a.m. ET Yesterday we saw the averages start losing rebound momentum. The morning’s opening tone is a continuation of...
A.M. Update
S&P futures were flat into this morning’s inflation data ad are ow up +0.25% on another inflation report that’s high,...
Daily Wrap
This morning’s headline CPI came in the highest in 39 years, but at Bloomberg consensus of 7%, although well above...
Afternoon Update
I’ll keep this brief as there hasn’t been any notable change since the last update. The averages are losing some...
Intraday Update
1:16 p.m. ET Despite a robust CPI, bond yields are pulling back more and as a result, the influential Tech...
Early Update Strong Start Fades
11:31 a.m. ET While at a staggering 7% (well above the Fed’s 2% target range) and a 39-year high, the...
A.M. Update – CPI As Expected
The market took the CPI report in stride as it came in at consensus. CPI comes is as expected, at...
Daily Wrap
After 5 consecutive days down the S&P 500 gained 0.9% in a continuation of dip-buying efforts that started yesterday afternoon....
Afternoon Update
The oversold low was in yesterday. The correction is underway today with little help from Powell. Whether that’s a bounce/rally...
Intraday Update – Powell Doing Some Damage Control
12:35 p.m. ET After the averages plunged for 5 consecutive days, it seem Powell is doing some damage control. While...
Early Update – Consolidation Phase
10:39 a.m. ET S&P futures gave back overnight gains of about a half percent heading into the cash open. They’ve...
A.M. Update
S&P futures put in some overnight gains, but have since faded them. Long-term interest rates are behaving themselves this morning,...
Daily Wrap
Happy Monday! The new year has gotten off to the anticipated volatile start, albeit probably a bit earlier than I...
Afternoon Update
There’s not much change since the last update. The S&P-500 has a bullish hammer candlestick just above its 100-day sma,...
Market Update – Looking More Like a Low
2:27 p.m. ET It’s looking more and more like the market is finding an oversold low. SP-500 -0.7%, Dow -0.75%,...
Market Update – Consolidation
1:24 p.m. ET SP-500 -1.25%, Dow -1.1% (Dow Transports -2.25%), NASDAQ-100 -1.5%, Small Caps -1.75% Since the averages found session...