Commodities/PMs Review
1:14 p.m. ET I covered WTI Crude earlier. The only update since is President Trump refuted the two newspapers’ claims...
Market Update – Tech Leaders Fade Early Gains
12:35 p.m. ET The market got off to a mixed start with large cap tech-sensitive cap-weighted indices higher. The Tech...
Is Long Crude Right For You?
10:50 a.m. ET Oil is starting its breakout attempt. The Miami Herald and The Wall Street Journal, both describe an assault on...
A.M. Update
Equity futures are mixed with Nasdaq-100 (+1.3%) and S&P (+0.75%) leading following impressive Apple and Amazon earnings, and Russell 2000...
Daily Wrap
Sensing that the market overestimated Sunday’s trade developments and suspecting last night’s U.S./China trade talks might be a sell the...
Afternoon Update
Today’s tone has been mostly consolidative, presumably waiting for Apple and Amazon to report after the close. Sectors that have...
Market Update – Holding Out For Apple & Amazon Earnings
12:49 p.m. ET “Sell the news” vibes surround the Trump/Xi summit, but the real driver is unwinding this week’s mega-cap...
A.M. Update
S&P futures are down 0.45%, Nasdaq down -0.65% and Small Caps -0.7% in what I would call a sell the...
Daily Wrap – Powell Yanks the Rate-Cut Rug
The stock market had a rather eventful session ahead of the FOMC, then things got interesting. I noted yesterday, “I...
Afternoon Update
I was surprised at a lot of what I heard in Powell’s press conference. The Fed, as contentious as the...
Hawkish
2:48 p.m. ET There are quite a few interesting tidbits in Powell’s presser so far, but the one that moved...
FOMC Update
2:16 p.m. ET As expected: Fed cuts the FFR by -25bp to 3.75%-4.00%. There were two dissents: Trump’s temporary pick,...
Market Update
12:58 p.m. ET Today has the very real potential of being extremely fluid and dynamic, between the Fed, 3 mega...
A.M. Update
S&P futures are up +0.25% as Nvidia extends its rally, up +3.5% in premarket– becoming the first company to eclipse...
Daily Wrap – The S&P Set A Record Today; Not A Good One
Tech stocks, and virtually Tech stocks alone, led the market amid horrendous breadth, even in the leading Technology sector. Some...
Afternoon Update
The majority of S&P sectors are lower (8 of 11) and presently 370 of the S&P-500 components are lower. The...
Market Update
1:26 p.m. ET Broadly speaking, Tech names are still providing leadership while the broader market largely moves lower, while a...
A.M. Update
S&P futures are up 0.1%. On the trade front, President Trump has reiterated his belief that his Thursday meeting with...
Daily Wrap – BIG Week
Over the weekend, U.S.-China trade negotiators met in Malaysia to prepare for the October 30 Trump-Xi summit. Both parties reported...
Afternoon Update
Not much has changed at the index level. The S&P 0.15% higher since the last update. The cash session range...