Afternoon Update
This has been a rather dull, slow-going afternoon. Briefly, this is what I’ looking at as a potential base. Keep...
Market Update
2:25 p.m. ET Considering how volatile the week has been, you may be surprised to hear that the benchmark S&P...
Early Update – Yields Coming Down
11:01 a.m. ET Stocks legged down at the open and again there’s no mystery as to why, just look at...
A.M. Update
Today’s biggest data point came in better than expected, the April Payrolls report. April nonfarm payrolls increased by 428,000 (consensus...
Daily Wrap
I have to say that I’m not fond of hyperbole when it comes to market analysis, but if there ever...
Afternoon Update
OK, well I think we’re finally back up on the website. If you have any issues, please let me know....
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Daily Wrap
The S&P was down about -0.6% at session lows, then rallied 3.0% after Fed Chair Powell said the Fed was...
Afternoon Update – Dovish Fed Rate Hike
I know the title of the most seems contradictory, but it’s not. Powell effectively took a 75 bp rate hike...
Intraday Update – Market Moving Dovish Comments
2:47 p.m. ET There have been a couple dovish statements from Powell. The Fed chair said that 50 bp rate...
FOMC Reaction – Initially Modestly Dovish
So far the reaction is modestly dovish with the Dollar down and stocks up. The 2-year yield is roughly the...
Pre-FOMC Update
1:36 p.m. ET The FOMC policy statement is out at 2:00 p.m. ET and Fed Chair Powell’s press conference at...
Intraday Update – Yields off highs
12:32 p.m. ET Treasuries are coming off their lows (yields coming off their highs) as the S&P is trading in...
Early Update
10:40 a.m. ET The Fed is expected to raise the target range for the fed funds rate by 50 basis...
Daily Wrap
I can’t say today was the most impressive day in equity land, but we did get some follow through from...
Afternoon Update
Small Caps are leading on the day as Value (+1%) outperforms Growth (+0.1%). The mega-cap index (MGK) is similar to...
Market Update – S&P Challenging $4200
2:10 p.m. ET The averages are seeing some modest follow through to the upside after yesterday’s intraday reversal and several...
Early Update – 3C Chart Update
11:30 a.m. ET The averages are higher after opening around yesterday’s bullish hammer candlesticks. Value style factors have an edge...