Pre-FOMC Update
1:05 p.m. ET The gap between the S&P and 10-yr Treasury futures is wide; at least as wide as it...
A.M. Update
S&P futures (-0.07%) are set for a flat start in front of the FOMC decision at 2:00 p.m. ET, Fed...
Daily Wrap – FOMC On Deck
The averages were very little changed today ahead of the FOMC. While not as widely anticipated in the shadow of...
FOMC Drift
1:50 p.m. ET The day has the typical feel of the FOMC drift. A majority of sectors are higher, as...
A.M. Update
S&P-500 futures (-0.05%) are flattish even as yields pull back 2 to 4 bps, as are most other asset classes....
Daily Wrap – Déjà Vu All Over Again: Yields Reprise the October Sell-Off Script
Equities ended modestly lower, with only the Tech sector (+0.7%) in the green—nowhere near enough to offset broad-based selling elsewhere....
Afternoon Update
The corporate news since Friday is simply off the chain. However, outside of specific stock-related moves the main driving factor...
Market Update – Yields Weighing on Stocks at Potential Right Shoulder Pivot, Patiently Waiting For Strong Tactical Signals
1:57 p.m. ET There’s a lot of news in numerous stocks, but the key development is tightening of financial conditions...
A.M. Update
S&P futures are up +0.15%, carrying over last week’s right hand turn into a more lateral price trend… S&P futures...
Afternoon Update
About 45 minutes before the close, the SPX is a third of a percent higher for the week as compared...
Market Update
1:30 p.m. ET PCE came in as expected. The PCE Price Index was up 0.3% month-over-month, as expected, and the...
A.M. Update
S&P futures are unchanged. Yields are a touch higher, no more than one basis point. Bitcoin is down -1.65%. The...
Daily Wrap – Another Flat Day; As Expected
Most of the major averages spent the session in a tight range near their unchanged mark, drifting sideways as expected...
Afternoon Update
I posted this chart (S&P futures vs. 10-yr Treasury futures) last night. I hoped it made sense. From the strategic...
Market Update – Muted Action; Killing Time
1:21 p.m. ET The day is mixed with a neutral feel thus far, but one that keeps the averages in...
A.M. Update
S&P futures are up 0.1%. NASDAQ 100 futures are unchanged and Russell 2000 futures are down 0.35%. The dollar-yen has...
Daily Wrap
The combination of a lower Dollar and lower yields provided a supportive backdrop for stocks. Carry trade concerns took a...
Starting To See VVIX Relative Strength
SPX (1m inverted) and VVIX There’s one more Volatility ETF with 3C turning positive on the short-term tactical timeframes,...
Market Update – Rotation To Cyclicals, Flat Range & Looking For Actionable Tactical Signals
1:50 p.m. ET We have more of the day-to-day rotation where one group is the worst performing one day and...
A.M. Update
S&P futures are up +0.2%. The Dollar-Yen is still lower at $155.45. The Nasdaq Composite entered positive territory for the...