Video Update
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Charts Update – Averages, Gold, Rates and FX
10:45 a.m. ET, February 14, 2020 While the market is relatively quiet, I’m rounding up the relevant charts to get READ MORE
PMI Crashes
Economic data this morning is surprisingly bad. First, Existing home sales for January declined 1.3% to a seasonally-adjusted annual rate READ MORE
Daily Wrap
Early in last night’s overnight session index futures gained a quarter of a percent on the latest corona virus stats,...
Daily Wrap
The day’s narrative is that investors remained optimistic about the global economic outlook despite the coronavirus. Today’s optimism sprung from...
Daily Market Wrap- February 18, 2020
Apple (AAPL -1.8%) made good use of the U.S. holiday to declare a revenue warning due to the coronavirus, after READ MORE
Daily Wrap
Apple (AAPL -1.8%) made good use of the U.S. holiday to declare a revenue warning due to the coronavirus, after...
Daily Wrap
The market’s bullish narrative over the past few days has centered around reports that had indicated that the rate of...
Daily Wrap and Overnight Session – February 12, 2020
The major averages extended the last 2 weeks’ gains. The narrative of the day was shaped by reports from China READ MORE
Daily Wrap
The major averages extended the last 2 weeks’ gains. The narrative of the day was shaped by reports from China...
Daily Wrap
Today’s rally followed improving tone among multiple asset classes Monday night. From the overnight section of last night’s Daily Wrap,...
Daily Wrap
Index futures gave an early hint as to where the market’s attention would be focused today… on China returning from...
Weekend Video Update
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Daily Wrap
The major averages added to the week’s gains with Dow, S&P and NASDAQ posting new record closing highs. They do,...
Market Update – Not Everything Went Back To What It Was
2:45 p.m. ET The majors are still little changed since the last update. Small Caps’ relative weakness is becoming more READ MORE
Daily Wrap
The averages (with the exception of small caps) recouped virtually all Corona virus related losses as of today, and in...
Daily Wrap – February 4th, 2020
The People’s Bank of China pushed out massive liquidity for the second day in a row, or the second time READ MORE
Daily Wrap
The People’s Bank of China pushed out massive liquidity for the second day in a row, or the second time...