Intraday Update – Tech Very Fluid
3:10 p.m. ET Parts of the market remain fluid. Those parts are largely mega caps, semis and the Technology sector....
Early Update – Fluid Start For Tech
12:16 p.m. ET This morning has been another dynamic start to the day with the 3 mega-cap heavy sectors initially...
A.M. Update – CPI as Expected
S&P futures are little changed at +0.1%. Total CPI increased 0.2% in July (consensus 0.2%) following a 0.1% decline in...
Daily Wrap
S&P futures were already up +0.4% at 8 a.m. ET this morning before PPI. The July Producer Price Index (PPI)...
Afternoon Update
The last 2.5 hours have seen the averages trade mostly sideways after strong early gains. We still have 10 of...
Market Update – Investors Go With What They Know As Oversold Conditions Are Worked Off
1:25 p.m. ET Sorry this is out so late. There’s a lot to cover and the market has been fast...
A.M. Update
S&P futures are up +0.65% this morning following a cool PPI. Dow futures (+0.25%) trail somewhat due to a pre-open...
Daily Wrap
The major averages today were fairly quiet at the price-percent change level (Small Caps excluded), but intraday price action was...
Afternoon Update
Today has been a sloppy session. SPX (15m) in context with today highlighted yellow. Here’s a closer look just of...
Market Update – On the Way To A Test? And Then…
1:50 p.m. ET The Dollar-Yen’s gains — thus index futures related gains– to start the new week are the result...
A.M. Update
S&P futures are up +0.25% as the Yen has slid lower (USD/JPY +0.7%) to start the new week. This week’s calendar...
Afternoon Update
Earlier today it seemed like today was going to be a relatively dull day (compared to the rest of the...
Early Update – A Tired Market, But Something To Watch
11:55 a.m. ET It’s a pretty slow day comparatively vs. the rest of the week. Part of that seems to...
A.M. Update – 1-Day Overbought Internals
S&P futures are down -0.3%, fading an earlier gain of +0.5%, and Nasdaq-100 down -0.45%. Yesterday’s internals were 1-day overbought....
Daily Wrap
Initial Jobless Claims came in slightly better than expected, although Continuing Jobless Claims hit a 33-month high. The market took...
Afternoon Update
This will be quick. Today was a decent day for the market, but in terms of exiting consolidation (either way),...
Intraday Update
2:27 p.m. ET SP-500 +2.4%, Dow +1.8% (Transports +1.6%), NASDAQ-100 +3.1%, Small Caps +2.2% So far it’s been a less...
Early Update
11:13 a.m. ET SP-500 +1.6%, Dow +1.3%, (Transports +1.3%), NASDAQ-100 +2%, Small Caps +1.6% The market is off to a...
A.M. Update
S&P futures rebounded off overnight lows and are +0.8%. Initial Claims gave the market some relief from economic growth concerns...
Daily Wrap
Early market gains faded after yesterday’s 1-day overbought internals. The S&P 500, which was trading up as much as +1.7%...