Daily Wrap
What a day of surprises to end the month. The session started modestly lower after Moderna’s (MRNA -4.4%) CEO told the Financial...
Daily Wrap
From Friday’s Afternoon Update, ” the market’s attention may shift over the holiday weekend, turning to what are likely to...
Stock Market Analysis: Did Omicron Just Throw the Market Into Complete Upheaval?
*I’m making this subscribers’ post public because today’s events have the potential to reshape the entire market landscape, but I READ MORE
Did Omicron Just Throw the Market Into Complete Upheaval?
A day is a day, not a trend, but today looks to be a pretty serious watershed day as the...
Afternoon Update
I’m going to keep this short ahead of the Thanksgiving holiday. Really not that much happened in the broad market,...
Daily Wrap
Today was less chaotic and less of a watershed day compared to yesterday, but did see follow through in both...
Daily Wrap
Index futures started the holiday shortened week on a positive note (Thanksgiving holiday, usually a bullish seasonal bias), but the...
Daily Wrap
Once again there was a lot of action at the cash open. Index futures were higher in pre-market, but dumped...
Daily Wrap
All of the averages ended lower in what became a defensively biased session. Like yesterday, the markets focus was primarily...
Daily Wrap
Early price action was muted despite some fairly significant economic reports and hawkish Fed commentary. Around 11 a.m. the major...
Daily Wrap
Index futures came into pre-market with some modest gains, even after weaker Chinese economic data, but they fell at the...
Daily Wrap
With a 1-day oversold condition in equities (internals) and no economic data today, plus the Treasury market closed for Veteran’s...
Daily Wrap
This morning’s CPI report is one of the most anticipated reports of the week. It followed yesterday’s hot PPI, and...
Daily Wrap
Can one stock tank the market, at least on today’s scale? Well Tesla (TSLA -11.99%) did its part to be...
Daily Wrap
The averages had a fairly quiet, dull day. US index futures moved higher this morning after a quiet start with...
Afternoon Update
This week the Fed took the first step toward tightening monetary policy. 18 months ago when the Fed had its,...
Daily Wrap
The major averages were much more mixed today than yesterday. Mega-cap stocks displayed strength in pre-market which was driven by...
Daily Wrap
Stocks struggled for direction the first half of the day, except Small Caps which saw another spectacular short squeeze. By...
Daily Wrap
After yesterday’s short squeeze in small caps and their best outperformance over NASDAQ since March, some of that reversed today...
Daily Wrap
Index futures all started the week higher in pre-market, S&P futures were up +0.6% a couple hours before the open,...