Daily Wrap
With the S&P up 5 of the last 6 days coming into today’s session, a correction or consolidation is not...
Afternoon Update
The S&P continues to trade around its 200-day sma. The Dow is currently trading around its 50-day sma. NASDAQ-100...
Afternoon Update
The S&P continues to trade around its 200-day sma. The Dow is currently trading around its 50-day sma. NASDAQ-100 is...
Early Update – Consolidation
11:22 a.m. ET I’ve taken some time to go through the market this morning and the gist as you’ll see...
A.M. Update – Oil Higher
S&P futures are down -0.5%. NASDAQ-100 futures lag, down -0.75%. The tech-heavy NASDAQ outperformed yesterday, but a portion of this...
Daily Wrap
After yesterday’s consolidation day, we’re getting some follow through to the upside from last week with some technical achievements pocketed...
Afternoon Update
The major averages remain near their best levels of the session with the S&P 500 holding a 1% gain and...
Intraday Update – Consolidation
1:24 p.m. ET Short-term (2-year) yields are coming down a bit from up 5 (almost 6 basis points) to 3...
Early Update – Good Participation From Growth Stocks Despite Higher Yields
11:27 a.m. ET The averages got off to a good start with bullish pre-market price action. NASDAQ-100 is displaying more...
A.M. Update
S&P futures are up +0.35%. The early gains in equity futures follow an overnight session that saw a mostly positive...
Daily Wrap
From Friday’s Afternoon Update, ” …in summary, even though we’ve had a strong week, I feel probabilities are there’s some...
Afternoon Update
Only 2 of 11 sectors are green and decliners are nearing a 2-to-1 ratio over advancers. We may not reach...
Market Update -Powell Hawkish Comments Spike Yields Higher
1:38 p.m. ET As mentioned in the Arly Update – the Fed’s self-imposed FOMC media blackout period has expired and...
Early Update – Expected consolidation Phase at Technical Resistance
11:23 a.m. ET With the best week of the year last week and multiple resistance levels in play, I was...
A.M. Update
The stock market is on track for a flat start to the week. Global markets began the new week on...
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Afternoon Update
This is going to be my last post. You may recall Monday I mentioned, “I have a friend and near...
Market Update – Consolidation Phase
11:50 a.m. ET S&P retraced overnight losses in to the cash open, led by strength in mega-caps (MGK +0.9%), to...
A.M. Update
S&P futures are down -0.65% to $4373, trading in another large consolidation. U.S. officials believe that Russia will use “brandish...