Early Update – SPX $4k Test?
10:50 a.m. ET S&P looks like it will test $4k. Small Caps are holding up best, while Dow Transports are...
A.M. Update
S&P futures are down by -1.1%, far more than a 1-day overbought condition requires. Target (TGT -25.3%) is setting the...
Daily Wrap
After bullish consolidations in the major averages yesterday, price broke out of them today with the benchmark S&P-500 index gaining...
Afternoon Update
It looks like Powell’s WSJ interview wasn’t much of a concern to markets. They did dip as he spoke, but all have...
Intraday Update – Powell’s Interview Just Ended
2:54 p.m. ET Fed chair Powell just finished his interview with the WSJ. The averages pulled back off intraday highs...
Quick Intraday Update
12:59 p.m. ET Small Caps and Dow Transports are leading and performing the best, but gains are broad-based with 10...
Early Update
10:25 a.m. ET The averages are off to a decent start, breaking out of yesterday’s bullish consolidations. SP-500 +1.3%, Dow...
A.M. Update
S&P futures are +1.6% higher this morning. the tech-heavy NASDAQ futures outperform with a gain of +1.9%. Among positive sentiment...
Daily Wrap
After a weak start last week, on Friday the S&P put in a weekly bullish hammer by Friday’s close, and...
Market Update
2:38 p.m. ET As the day goes on, tone is getting better. Most of the averages are still trading in...
Bullish Consolidations
12:35 p.m. ET Since Friday’s strong day capping off a very weak week for stocks, the averages have been consolidating....
Early Update – S&P Consolidation Around $4k
11:07 a.m. ET Shockingly weak economic data out of China has the market on edge over growth concerns. JPM has...
A.M. Update
S&P futures are modestly lower by -0.2% to start the week as growth concerns persist, reinforced by China reporting weaker-than-expected...
Afternoon Update
The old adages of, “Sell the second Fed rate hike” and “sell in May and go away” have proven to...
Intraday Update -Short Sellers Taking Their Shot
2:12 p.m. ET The final hours of trade are going to be interesting. As mentioned this morning, the trend has...
Market Update – maybe time for some consolidation
12:53 p.m. ET The averages are putting in a strong performance, especially the tech heavy NASDAQ led by mega-caps and...
Early Update – Strong Start
10:34 a.m. ET The stock market is bouncing from a deep and long oversold condition to start the session....
A.M. Update
S&P futures are up +1.4%. Supportive factors include Fed Chair Powell reiterating in a MarketPlace interview that additional 50-basis point increases at...
Daily Wrap
The market has been bearish all week, in fact trading like a typical bear market, or maybe a bit worse...
Coming Off the Lows
It’s rather amazing to see the 2-year yield down 10 bp (Bullard less hawkish comments) and the 10-year down around...