Early Update
12:48 p.m. ET It’s been a fluid open with mega-caps initially underperforming the broader market, but they’ve since recovered, despite...
A.M. Update
The first day of the third quarter starts a positive bias in early trading. S&P futures are up +0.25%. The...
Afternoon Update
The last day of the second quarter started with a bit of a bang but ultimately ended with a whimper....
Intraday Update
3:15 p.m. ET PCE was market friendly, but apparently not that much of a surprise to move the needle. All...
And It’s Gone
12:54 p.m. ET Here’s the S&P and NASDAQ-100 at 10:15 a.m. ET – A strong start… SPX (5m) NASDAQ-100 (5m)...
Early Update – Strong Start Fades A Bit; ABI Even Lower
11:43 a.m. ET The stock market has moved higher in the early going, feeding off a relatively friendly Personal Income...
A.M. Update
S&P futures are higher by+0.15%, in part due to the presidential debate. Politico reports that Democrats are actively considering replacing President...
Daily Wrap – ABI Closes Below 14
Today was another fairly lackluster session in the stock market. Pre-market did get off to a decent start in retracing...
Afternoon Update
The major averages are little changed to unchanged heading into the close: SP-500 0%, Dow 0.04% (Transports -0.55%), NASDAQ-100 -0.15%,...
Absolute Breadth Index Signal?
Worden’s T2101 Indicator (Absolute Breadth Index) is defined by the Worden as follows: “The Absolute Breadth Index was developed by...
Early Update – Bad News Is Good News. ABI Below 14!
12:17 p.m. ET The stock market opened to mostly positive action. Gains in many mega cap names has provided support...
A.M. Update
S&P 500 futures are down less than a tenth of a percent as bad economic news sent yields lower and...
Daily Wrap
There was an underlying negative bias driving today’s trade with decliners outpacing advances, and 9 of 11 S&P sectors trading...
Afternoon Update
The averages are very little changed since the last update, which is to say, very little changed on the day...
Market Update – Negative Bias
1:14 p.m. ET There is an overall negative bias in today’s trade. Ongoing buying activity in some mega cap names...
A.M. Update
S&P 500 futures are down -0.3%, having also given up earlier gains of nearly +0.2%. Treasury yields are moving higher...
Daily Wrap
Yesterday we saw an attempt to rotate into beaten down and unloved Value stocks just several days before the end...
Afternoon Update
Mega caps continue to support index-level gains. The Vanguard Mega Cap Growth ETF (MGK) is up 1.4%. vs. the Equal...
Intraday Update – More on the Flip-Flop
1:30 p.m. ET Yesterday it “seemed” like the market was doing some late quarter rotation; the kind of rotation bulls...
Early Update – The Market Flip Flops
11:45 a.m. ET Yesterday’s Value over growth has flip-flopped back to growth over value this morning; evident in the NASDAQ-100...