A.M. Update
Global stocks followed U.S. stocks lower, but S&P futures are flat. The tech-heavy NASDAQ futures are seeing continued weakness, down...
Daily Wrap
I often say that equities are the last to get the message. For weeks now market-based measures (STIRs) have been...
Afternoon Update
3:39 p.m. ET The FOMC December meeting minutes are much more hawkish than Powell let on during the press conference....
FOMC Minutes – Hawkish & S&P Near Breaking Flag
2:28 p.m. ET I’m still going through the minutes, but it’s hawkish, more so than expected. They are very concerned...
Pre-FOMC Minutes Update
1:20 p.m. ET The preference for value over growth stocks is accelerating or widening as yields revere to trade a...
Early Update – Pause
10:45 a.m. ET The open carries over the mixed tone with Dow and NASDAQ-100 on either end of the spectrum,...
A.M. Update
Yesterday’s mixed bias carries over to the futures market, albeit to a lesser extent with the S&P unchanged and NASDAQ...
Stock Market Daily Wrap
Index futures trended higher overnight and in pre-market after a round of fairly strong Manufacturing data from Asia and Europe, READ MORE
Daily Wrap
Index futures trended higher overnight and in pre-market after a round of fairly strong Manufacturing data from Asia and Europe,...
Afternoon Update
As the last post covered, there’s a chance we’re seeing some false / failed breakouts, which are often followed by...
Failed Breakouts in the Works?
1:47 p.m. ET SP-500 -0.3%, Dow +0.55%, NASDAQ-100 -1.9%, Small Caps -0.3% Yesterday I wrote, “An ideal short sale set-up...
Early Update
10:58 a.m. ET The ISM Manufacturing Index for December decelerated and decreased to 58.7% (consensus 60.3%) from an unrevised 61.1%...
A.M. Update
Asia ended mixed, but Europe is trading solidly higher. December manufacturing PMIs out of China, Japan, Australia, and the UK...
Daily Wrap
Index futures drifted higher with Europe to start the week, although as noted in the A.M. Update, 3C was negatively...
Afternoon Update
There aren’t any changes of note from the last update. The averages remain in bullish consolidations for the most part...
Market Update -HYG Divergence
2:51 p.m. ET On the surface of things the averages are doing fine at the moment and continue to trade...
Early Update -Rising Yields and Weak Manufacturing Data
11:33 a.m. ET Stocks started the week off on a positive note, trading higher with Europe despite sharply higher yields,...
A.M. Update
Futures remain in Santa rally mode (includes the first 2 days of the new year as the market benefits from...
Afternoon Update
From the Afternoon Update of Friday December 17th, “We’ll head into next week with market breadth oscillators near oversold levels...
Market Update
1:37 p.m. ET Market tone is weakening a bit. After 11 S&P 500 sectors were trading higher, five have slipped...