Early Update
10:40 a.m. ET The averages are trading higher on no specific catalyst other than the seasonal Santa Claus rally period...
A.M. Update
S&P futures are a tenth of a percent higher (0.1%) on the final trading day of the week and year....
Daily Wrap
I’m going to keep tonight’s post abbreviated due to market conditions, which were, well…sleepy at best. The bond market was...
Afternoon Update
Today has been one of the dullest days for stocks in recent memory, so I haven’t wanted to bother you...
Market Update -Dull EquityMarket
11:27 a.m. ET The averages are mixed and little changed in a sleepy session, much along the lines of lateral...
A.M. Update
S&P futures are flat in a tame pre-market session. S&P futures are unchanged The 2-year yield is down one basis...
Daily Wrap
Although the average closed strong Monday, the negative 3C divergence in HYG was a yellow flag and that foreshadowed today’s...
Afternoon Update
Yesterday HY credit and some building relative strength in volatility, taken with weaker afternoon/overnight index futures’ 3C charts suggested the...
Early Update – Small Caps Tag Target Credit Gets Uglier
11:23 a.m. ET As suspected yesterday afternoon, “at present I can envision a scenario in which the leaders today start...
A.M. Update
Stocks in Asia and Europe followed Wall Street higher. Markets in Australia and New Zealand remained closed but will reopen...
Daily Wrap
Investors are hoping the Santa Rally has legs. Since 1969 the S&P 500 index has averaged a gain of 1.3%...
Intraday Pivot/High
3:16 p.m. ET Maybe it’s coincidence, maybe just some end of day profit taking by traders, but it’s interesting how...
Intraday Update – High Yield Credit Divergence
2:26 p.m. ET Mega-caps continue to lead the market higher in holiday diminishing volume. Small Caps are starting to display...
Market Update -Mega-Caps Extend the Santa Rally
11:38 a.m. ET The week is off to a decent start with the mega-caps providing influential support. On a side...
A.M. Update
Asia closed mixed, while Europe and the U.S. trade higher as the Santa Rally extends. The seasonal Santa Rally is...
Afternoon Update
Not too surprisingly given seasonal dynamics and the fact that investors love a strong positive close in front of a...
Intraday Update – S&P-500
12:33 p.m. ET The S&P is trading right where it was rejected last week, but just shy of where it...
Early Update -S&P Testing $4700 Area
10:43 a.m. ET The benchmark S&P index came into the week down a 3rd day and 3% over the 3-day...
Afternoon Update
The market is acting just as expected from last Friday’s Afternoon Update- that’s to say an deep oversold market bounce...
Intraday Update
2:41 p.m. ET All in all it’s a pretty quiet day moving as expected, fulfilling upside targets from yesterday’s oversold...