Daily Wrap – Second Verse, Same As The First
Today’s trade had the typical feel of the Summer Doldrums, again. There’s just not much market moving data or earnings,...
Afternoon Update – Summer Doldrums Persist
There’s really not much to add with regard to today’s trade. There’s not much news on my feed today. Most...
Another Summer Doldrums Day, With a Slight Twist
12:59 p.m. ET A lack of news is diving dullish trade, but there’s a bit of a flip flop from...
A.M. Update
S&P futures are down -0.35%, The market still lacks major directional drivers ahead of NVIDIA’s (NVDA) earnings report tomorrow afternoon....
Daily Wrap – Important Update
The market is pretty much in the depths of the summer doldrums. Everyone is on vacation through Labor Day (Sept....
Afternoon Update- Slow Day
Not much has changed since the last update. Most of the averages are little-changed with relative weakness in the tech-heavy...
Mega Caps and Semis Off to a Weak Start of the Week
1:03 p.m. ET The morning has been dynamic so far with mega-caps and semis underperforming and cyclicals/defensives/value stocks out performing...
A.M. Update – Oil Pushing Higher
S&P futures are up +0.15% and aren’t trading with much conviction. That may be in part because WTI Crude Oil...
Video Update
The video will be live at 8 a.m. ET The Fed’s pivot this past week is a huge transition in READ MORE
Video Update
The video will be live at 8 a.m. ET...
Afternoon Update
I’m going to share a few quick charts. I’m leaning toward spending the inordinate amount of time it takes to...
Market Update – Small Cap Short Squeeze Pain
1:28 p.m. ET The major averages are up a three-quarters of a percent, but Small Caps are soaring and when...
Powell Recap
10:57 a.m. ET It’s almost funny to watch the market as Powell spoke. The market jumped up when Powell said...
A.M. Update
S&P futures are up +0.6% ahead of Powell’s speech at 10 a.m. ET. In central bank related news, European Central Bank...
Daily Warp – Ugly Day and Close Ahead of Powell’s Jackson Hole Symposium Address
In my last post I shared that I was laying in bed last night, watching “Industry” on MAX (a show...
Getting Ugly Again
2:29 p.m. ET As I was finishing the last post, the averages were catching a bounce off session lows. Now...
Market Update – Tech Under Some Pressure, But So Too Will Be Volatility
12:42 p.m. ET For most of the morning moves in either direction have been limited for the major averages. Prices...
A.M. Update
S&P futures are up +0.2%. Part of the positive bias in early action is being driven by the newly emerging...
Daily Wrap
The Stock and Treasury market added some gains today, while the U.S. Dollar Index fell. The catalysts… The second largest...
Afternoon Update – Just Waiting For the Spark
The minutes for the July 30-31 FOMC meeting are stale considering all that’s happened in just 3 weeks (market and...