A.M. Update
S&P futures are down -0.6% and Nasdaq-100 down -1.15%. Nvidia (NVDA , -4%) and other prominent AI names are moving...
Semis’ Win Streak Ends, Credit Diverges, and Tailwinds Weaken Ahead of Fed & Mag7
Stocks finished mixed and barely changed, in sharp contrast to a very busy weekend of news and headlines. Mega-cap and...
Semiconductors Win Streak At Risk As HyperScalers Report, Tech Momentum Cools, & DeepSeek’s Disruption Theme Remerges
On the geopolitical front, Iran has reportedly sent a new proposal to the U.S. that would reopen the Strait of...
A.M. Update
Index futures are set for a flattish start after negotiations between the U.S. and Iran stalled ahead of a busy...
Afternoon Update
The day’s a little dull. Risk sentiment got a boost from: 1) Intel’s earnings, lifting SOX for an 18th consecutive...
A.M. Update
Equity futures had been mixed, but they have turned higher on an Al Arabiya report that Pakistan may soon announce...
From Mechanical Flows to More Chaotic Trade As Broadening Consolidations Take Shape
Today they advanced to new highs, but they were unable to retain that posture and closed the session with losses....
Market Update – Important Developments
*As I was finishing up this post, some developments broke with respect to the conflict with Iran. It would take...
A.M. Update
S&P futures are down -0.3%. Several influential stocks are seeing disappointing price action following earnings, including; Tesla (TSLA), IBM (IBM), Honeywell (HON),...
Daily Wrap, or Maybe A.M. Update
Sorry this is so late. I saw something on the charts, then spent half the night trying to birth a...
Uranium (URA) Update
I haven’t forgotten about Uranium (URA +7.4%), one of our longer-term long positions. After several failed attempts to break above...
Stocks Relief Rally, But Crude Oil Remains Concerned
The stock market’s gains today follow on the heels of President Trump’s declaration that he is extending the ceasefire with...
A.M. Update
S&P futures are up +0.55% as geopolitical tensions simmer and earnings season heats up with Tesla reporting after the close....
Happy Taco Tuesday!
Tonight’s post will be a bit shorter and structured a little differently due to developments both during and after the...
Market Update – Uncertain Peace Talks As Ceasefire Deadline Looms
US-Iran peace talks remain highly uncertain as the fragile two-week ceasefire expires tomorrow. The US has expressed confidence that a...
A.M. Update
S&P futures are up similar to last night, +0.2%. WTI Crude oil prices are flat, in the small bull flag...
Bull Trap Setup? Geopolitics Ignored as CTA Inflows Slow
Geopolitical developments over the weekend were met with a subdued start to the week in equities. Iran struck an Indian...
Afternoon Update
Not much has changed since the last update at the index level. Energy gave up its gains. WTI crude settled...
Iran Ceasefire Uncertainty Weighs as Short Covering and CTA Flows Fade
1:43 p.m. ET Directional wartime correlations are tightening up again, whether that be index futures vs. 3-month SOFR (2Y treasury...
A.M. Update
Friday’s Afternoon Update included some commentary that’s not my usual style. After watching the stream of statements coming out of...