Daily Wrap – Gold and Oil Get Interesting – So Much For Rotation?
This morning’s CPI was the last piece of important economic data of the year. Of course next week we have...
Afternoon Upate
As we head into the close with the SPX below $6100, Semis are coming off session highs along with the...
Intraday Market Update – Mega Caps and Mega Caps Alone
I today’s market action can be summed up in two words, it’s very easy – Mega Caps. There’s the only...
Gold is Back In The Game
I’ve been hoping that gold would make another successful test and a higher low in the process. The next hurdle...
Early Update – CPI
1216 p.. ET CPI was the final key economic data point for 2024 and it came in on the screws,...
A.M. Update
S&P future’s are up +0.4% as CPI came in at consensus. Total CPI was up 0.3% in November (consensus 0.3%)...
Daily Wrap
The stock market extended this week’s losses, reflecting ongoing profit-taking after last week’s record highs. Some indicators are pointing to...
Afternoon Update
We may not be getting huge price percent changes in the averages today, but we’re getting those sly, little noticed (outside of...
Market Update
313 p.m. ET The stock market has exhibited lackluster action at the index level, although it was fluid this morning...
Early Update
12:46 p.m. ET There’s a lot to put together between 3C signals improving Friday for Small Caps coming into this...
A.M. Update
S&P futures are flat. Dow and Small Caps are down -0.15% to -0.2%. There’s a mixed disposition in early trading...
Daily Wrap
By the time we got to the end of last week, there was a clear trend of selling into mega...
Afternoon Update
4:00 p.m. ET The SPX lost support at its short-term uptrend… (10m) Following in the footsteps on the Nasdaq-100 earlier...
Small Caps Try For Leadership, Not Quite There, But There’s a December Chance They’re Not Done Tryinh
2:39 p.m. ET Mega Caps aren’t leading the market today, but their weight is supporting the averages as Small Caps...
Early Update-Small Caps’ Early Attempt To Rotate In This Week
1242 p.m. ET We got a that small caps were going to perform better to start the week from 3C...
S&P and Nasdaq-100 futures are down between -0.05% and -0.15%. Russell 2000 futures are up +0.5% as they had a...
Daily Wrap – Risks Ahead and Changing Views on Leadership Dynamics
This was going to be the Afternoon Update, but I think we’ll call it the Daily Wrap. Last week Small READ MORE
Daily Wrap
This was going to be the Afternoon Update, but I think we’ll call it the Daily Wrap. Last week Small...
Afternoon Update Is Coming
There are some important aspects I want to cover, so the post will be out after the close, but not late....
3C Update and Rotational Dynamics Into Year End
2:30 p.m. ET I’m not seeing much change in 3C today, which suggests to me that the underlying trend is...