A.M. Update – Tariff Uncertainty Rears Up
S&P futures are down -0.33%, Nasdaq and Russell 2000 are down -0.5% and -0.55% respectively, though off overnight lows. Trading...
Afternoon Update
President Trump lashed out against the Supreme Court decision to interfere in his use of IEEPA to impose sweeping tariffs...
The Slow Friday Expected
Stocks faced some choppy action, initially trading lower in response to this morning’s economic data (hotter-than-anticipated December PCE kept year-over-year...
A.M. Update
US equity futures turned lower in pre-market trading, erasing earlier overnight gains amid escalating geopolitical risks from US-Iran tensions alongside...
Short & Sweet Tonight: Mom’s Homecoming, Dull Markets, and Mounting Mega-Cap Warning Signs
Tonight’s post is going to be abbreviated and in an informal format. I didn’t expect my Mom’s remains were coming...
Afternoon Update
The major averages remain little changed from previous levels, on course for a lower close that negates the bulk of...
Market Update – On Track, Slow and Steady
The broader market is taking a step back after a solid “risk-on” session yesterday. Wednesday’s trade didn’t result in 1-day...
Staying On the Ball Part 2: Mega-Cap Distribution Defines the Bigger AI-Era Shift
Stocks had a solid session today, though they finished off their session highs this afternoon. The gist of the FOMC...
New ABI Signal
The ABI is currently at 12.39 with a couple of minutes to go. It looks like we’ll have a new...
FOMC Minutes
Summing up the January FOMC Minutes with a word, “Cautious.” Overall tone was patient and cautious. Most participants viewed the...
Mega Caps Bouncing Toward a BackTest of the Neckline
As noted in the A.M. Update, ” The market has a little more optimistic feel this morning.” The hints are evident...
A.M. update
S&P futures are up +0.2% with a little different vibe this morning. Most mega caps are green as the 200-day...
Stay on the Ball: Mega-Cap Distribution (Not Daily Headlines) Defines the Bigger AI-Era Shift
After an extended 3-day weekend, the morning equity action picked up where detiorating 3C charts left off Friday resulting in a...
Afternoon Update
3C’s closing vibe is similar to Friday’s, though more focussed on the S&P and Nasdaq-100. SPY (1M) QQQ (1M) And...
Market Update
While losses across mega-cap and tech names sent the major averages lower this morning, the SPX found technical support at...
Tech & Mega Caps Stocks Face Early, Persistent Weakness
It’s another fluid, fast-moving morning. In early trade the market picked up right where Friday Afternoon’s Update left off: what...
A.M. Update
Nasdaq-100 futures are -0.65% lower this morning to start the holiday-abbreviated week. AI-disruption anxiety remains. Most other index futures are...
Afternoon Update
This is my final post for today. I have an appointment later to handle the administrative aspects of my mother’s...
1-Day OverSold Bounce
One of the most obvious takeaways today is yesterday’s one-day oversold internals producing a broad-based bounce, helped by a cooler...
A.M. Update
S&P 500 futures are trading close to unchanged. CPI cme in cooler than expected (except for a jump in super-core):...