Early Update
11:14 a.m. ET Not too surprisingly given Friday’s news that New York State saw the highest number of COVID infections...
A.M. Update
The S&P 500 is up 1.2% this month, but it’s indicated to cough up that gain at the open. From READ MORE
A.M. Update
The S&P 500 is up 1.2% this month, but it’s indicated to cough up that gain at the open. From...
Afternoon Update -Weekly Stats Reveal Hawkish Reaction
With all of the extraneous factors this week, not the least of which is today’s quadruple witching options expiration and...
SPY 3C Chart Update
Last week I mentioned a positive divergence on the short term 3C charts for SPY that suggested to me that...
Early Update – Volatile Quad Witching
11:15 a.m. ET The averages extended the sell-off fading the bullish or dovish FOMC knee jerk reaction, and extended losses...
A.M. Update
Index futures are extending recent losses and for the week. Mega-caps are extending their negative influence from yesterday. Nasdaq 100...
Daily Wrap – FOMC Knee Jerk Reaction Faded
It’s been a strange 24 hours since the FOMC, but stepping back from the details, the one thing that stands...
Afternoon Update
The averages are off the lows with some key technical levels in the area like the NADSDAQ-100’s 50-day and Small...
Market Update – Session Lows as Mega-Caps Falter
2:30 p.m. ET There’s still a lot of weirdness in the market today with a rotation to value/cyclical stocks and...
Market Update -Some Normalcy Returning
11:50 a.m. ET Today there seems to be some semblance of normality trying to peek through the veil of ridiculousness...
A.M. Update
Asian markets followed the U.S. rally’s lead after the Fed came in more hawkish than expected. Europe also rallied. Central...
Daily Wrap
As anticipated, the Fed left the target range for the fed funds rate unchanged at 0.00-0.25%, but the other factors...
Afternoon Update – Surprising Reaction
As far as I can tell, just about everything out of the FOMC today was more hawkish than expected, and...
FOMC More Hawkish
As expected the Fed left the Fed funds rate steady, but the doubled the pace of taper to $30 bln...
Pre-FOMC Market Update
SP-500 -0.2%, Dow -0.15%, NASDAQ-100 -0.6%, Small Caps -0.6% The air of caution from this morning persists heading into the...
Market Update – Fairly Quiet With a Tinge of Weakness
11:14 a.m. ET Buying conviction in equities has been restrained by a deceleration in retail sales data, and in Treasuries...
A.M. Update
S&P futures are unchanged ahead of the Fed this afternoon. The S&P 500 enters the session down 1.7% over the...
Stock Market Daily Wrap – Pre FOMC
Index futures’ and VIX futures 3C charts didn’t look great for the market going into the overnight session last night. READ MORE
Daily Wrap
Index futures’ and VIX futures 3C charts didn’t look great for the market going into the overnight session last night....