Intraday Update – Dip Buyers
11:24 a.m. ET The averages are finding some buyers to step in. DIA (1m) and SPY lok the best intraday,...
Early Update
10:38 a.m. ET The major indices begin the cash session extending this morning and last week’s losses while Treasury yields...
A.M. Update
Futuresare extending last week’s losses (I’ll be watching for breadth to move back into oversold which it exited Friday) with...
Afternoon Update
The Santa rally not only ended, but was completely retraced. After setting a new record close Monday, the S&P is...
Intraday Update – Holding
1 p.m. ET The Dow, S&P and NASDAQ have all tested below various technical levels identified (moving averages, trend lines)...
Early Update – Growth Stocks Weighing, NASDAQ Testing
11:10 a.m. ET The morning is fairly volatile and fast moving in terms of market swings after the Payrolls report,...
A.M. Update – Employment Misses, Wages Rise, Yields Jump
The S&P index enters the last day of the week down -1.5%. S&P futures were trading up +0.3% until the...
Daily Wrap
The scenario outlined yesterday in the Afternoon Update and Daily Wrap unfolded nicely today. NASDAQ-100 was down as much as...
Afternoon Update
I’m going to keep this brief. If you haven’t already, please see my last post, The Path Forward, which fleshes...
Market Update – The Path Forward
2:41 p.m. ET SP-500 +0.15%, Dow -0.3%, NASDAQ-100 +0.3%, Small Caps +1.1% It looks like the day is unfolding as...
Early Update – Flush and Oversold Conditions In Place
11:19 a.m. ET So far this morning things are looking pretty much like I laid out in yesterday’s Afternoon Update, then...
A.M. Update
Global stocks followed U.S. stocks lower, but S&P futures are flat. The tech-heavy NASDAQ futures are seeing continued weakness, down...
Daily Wrap
I often say that equities are the last to get the message. For weeks now market-based measures (STIRs) have been...
Afternoon Update
3:39 p.m. ET The FOMC December meeting minutes are much more hawkish than Powell let on during the press conference....
FOMC Minutes – Hawkish & S&P Near Breaking Flag
2:28 p.m. ET I’m still going through the minutes, but it’s hawkish, more so than expected. They are very concerned...
Pre-FOMC Minutes Update
1:20 p.m. ET The preference for value over growth stocks is accelerating or widening as yields revere to trade a...
Early Update – Pause
10:45 a.m. ET The open carries over the mixed tone with Dow and NASDAQ-100 on either end of the spectrum,...
A.M. Update
Yesterday’s mixed bias carries over to the futures market, albeit to a lesser extent with the S&P unchanged and NASDAQ...
Stock Market Daily Wrap
Index futures trended higher overnight and in pre-market after a round of fairly strong Manufacturing data from Asia and Europe, READ MORE
Daily Wrap
Index futures trended higher overnight and in pre-market after a round of fairly strong Manufacturing data from Asia and Europe,...