A.M. Update
S&P futures are up 0.1%. NASDAQ 100 futures are unchanged and Russell 2000 futures are down 0.35%. The dollar-yen has...
Daily Wrap
The combination of a lower Dollar and lower yields provided a supportive backdrop for stocks. Carry trade concerns took a...
Starting To See VVIX Relative Strength
SPX (1m inverted) and VVIX There’s one more Volatility ETF with 3C turning positive on the short-term tactical timeframes,...
Market Update – Rotation To Cyclicals, Flat Range & Looking For Actionable Tactical Signals
1:50 p.m. ET We have more of the day-to-day rotation where one group is the worst performing one day and...
A.M. Update
S&P futures are up +0.2%. The Dollar-Yen is still lower at $155.45. The Nasdaq Composite entered positive territory for the...
Daily Wrap – Important: CARRY TRADE NOW IN THE MIX
Most of the averages closed with modest gains. Tech and mega-caps provided leadership, though action was choppy in session and...
Bitcoin Leading Risk-On, Yen Tempering Risk-On
Bitcoin supports risk sentiment, while the Japanese Yen tempers it. In the meantime, yesterday’s afternoon rotation– selling cyclicals and accumulating...
A.M. Update
S&P futures are up 0.3% as Bitcoin bounces (+1.5%), giving the index futures a flat trajectory since last Wednesday’s close....
Daily Wrap
I was looking forward to this week as traders come back to their desks after a holiday-shortened week of light...
Afternoon Update
The major averages are set to move back toward session lows with a bearish consolidation this afternoon. SPX (1m) The...
Market Update – Right Shoulder Formation As Expected
1:12 p.m. ET Traders have returned to their desks as month-end flows fade. December kicks off in risk-off mode, with...
A.M. Update
December is starting on a sour note. Stocks are under pressure this morning wit S&P futures down -0.65% as Bitcoin...
Afternoon Update
A couple more potentially interesting developments are taking shape. I don’t want to make too much of it on a...
Market Update – Mega Caps Losing momentum; Precious Metals Breaking Out
11:45 a.m. ET Averages The averages have the same consentient gains as seen Wednesday, presumably as the market goes on...
A.M. Update
Good Morning. CME Globex Futures & Options Markets just reopened at 8:30 a.m. ET after being offline since last night...
Daily Wrap – Happy Thanksgiving
The stock market saw another broad-based rally, but a much more uneventful session a day before the Thanksgiving holiday. Averages...
Market Update
The market is posting another strong, broad-based rally today — exactly the kind of impressive price action you’d expect on...
A.M. Update
S&P futures are little changed from last night up 0.3%. Economic data this morning is mostly better than expected, but...
Daily Wrap
The market posted a broader-based advance today, even as Nvidia and AMD weighed on Semis and the Tech sector. Investors...
Afternoon Update
Signals are a mixed bag. Credit is supportive of more upside as credit has gotten a major boost from...