Daily Wrap
Tech and Mega cap stocks rebounded to retrace yesterday’s losses, as earnings played another influential role in day-to-day sector performance....
Afternoon Update
President Trump is speaking live to make an announcement that seems to be about cartels, but there are reports of...
Market Update
1:40 p.m. ET The day has been filled with reactions to earnings, constantly contradicting headlines about the White House’s intentions...
A.M. Update
S&P futures are down 0.1%. Most of the “magnificent seven” names are down in the pre-market this morning, with Tesla (TSLA -3.7%)...
Daily Wrap – Selling High Beta Momentum
Today wasn’t a great showing by the stock market, but it was orderly. Earnings continue to play a role in...
Afternoon Update
The game is still afoot. As illustrated last night, even after 7-days or correction/consolidation/short covering, all of the SPX’s price...
Market Update – Orderly Decline as Momentum Continues to be Sold
1:21 p.m. ET Last night I mentioned the Momentum style factor was under pressure, with Goldman Sachs mentioning the same....
A.M. Update
Index futures are mixed. S&P futures are up +0.1%, Nasdaq-100 are down -0.15% and Russell 2000 are down -0.3%. Netflix (NFLX) is...
Daily Wrap: Gold and Silver’s Worst Day In Years
Following yesterday’s 1-day overbought internals signal and breadth oscillators resetting from oversold (Thursday) to overbought (Monday), the S&P 500 and...
Afternoon Update
Apart from a few earnings-driven moves in S&P sectors, the stock market was lackluster today, with short-term overbought conditions yesterday...
Intraday Update – Quick Head’s Up
1:40 p.m. ET I’m bringing this to your attention given the SPX/NDX are stalled near Oct. 10th highs. TRUMP: MAYBE...
Market Update – Precious Metals Pummelled
12:47 p.m. ET After yesterday’s 1-day overbought internals, the market is struggling to find direction. The few standouts are sectors...
A.M. Update- Flat Open; Precious metals Tumbling
S&P futures are unchanged. Gold and Silver futures are down -3% and -5% respectively. This morning’s earnings reports are largely...
Daily Wrap – More Defensive Than You Might Think
The market benefitted from quiet weekend with no new China tariffs, and a sense of optimism over U.S.-China trade. President...
Afternoon Update
It’s amazing to me how quickly this market reaches deep oversold levels. We saw it happen in a single...
Gold Update
2:53 p.m. ET I’ve been bullish gold since gold’s price was less than half of today’s price. I was bullish...
Quick Intraday Update
2:34 p.m. ET I’m putting together some charts for gold, but noticed this and wanted to quickly call it out...
Market Update
12:48 p.m. ET The new week is starting off with positive risk sentiment around de-escalation of tariff threats, resulting in...
A.M. Update
S&P futures are up +0.45%. Trade negotiations with China continue to unfold ahead of the November 10 trade truce expiration. Bloomberg reports...
Quick Afternoon Update
This update is not going to be very exciting. Yesterday’s 1-day oversold internals are one thing and may be having...