Adding a Tiny bit Long Vol.
I was looking at bringing my total share count in UVXY (or vixy – i like both) up to the...
Intraday Update
3:10 p.m. ET I’m wondering whether the October lateral (rectangle) range may be a distribution zone. I’ve seen a half...
Market Update
12:33 p.m. Et The market got off to a mixed open. Technology/Semis jumped, more procyclical areas dumped at first, evident...
A.M. Update – Consolidation Continues
S&P futures are up 0.13%, still trading in a small bearish consolidation from yesterday’s close that should carry through the...
Bearish Change In Tone
There’s a lot to take in today. As forecast for the last few weeks, Gold futures hit $4,000. The AI...
Market Update
3:09 p.m. ET Unless things get ugly into the close, it looks like we are probably going to consolidate into...
Oracle Takes Down Tech
12:50 p.m. ET Coming into today’s trading session, the technology sector was set to drive gains but has since slipped...
A.M. Update
S&P futures are up 0.15%. Advanced Micro Devices (AMD +4.95%) trades higher again today after being upgraded to Buy from Hold...
Daily Wrap – Letters of Intent & MOUs
As of a few weeks ago it was still up in the air, whether investors would embrace the Fed rate...
Afternoon Update
It’s a bit slow into the close. The Tech sector/Semis have supported risk sentiment on the latest Amd/OpenAI circular financing...
The Latest Circular Financing Deal in the AI Space Drives Risk Sentiment, But the Broader Market Is Mixed
1:43 p.m. ET The AMD / OpenAI news is top of the market today– the same as the circular financing...
A.M. Update
S&P futures are up 0.28% led by the AI trade as AMD and OpenAI ink another circular financing deal. AMD...
There It Is
When the first ABI signals showed up 2 weeks ago to the day, I honestly didn’t expect this. I covered...
Afternoon Update
The earlier value related, procyclical defensive bias is still in effect while the three mega cap heavy sectors sit at...
SOX Daily
1:41 p.m. ET SOX (daily) – might end up confirming the bearish reversal...
Intraday Update – Handful of Mega Caps Leg Down
1:11 p.m. ET The end of the market update I just posted, I concluded with, “Personally, I don’t believe that...
Market Update – Beaten Up Value Stocks Rally on ISM
12:47 p.m. ET There’s been a shift in investor focus from the AI narrative yesterday that favored Growth style factors...
A.M. Update
S&P futures were up close to 0.35% earlier this morning, last few hours they’ve burned off nearly all of the...
Important Market Update
I’ve been busy tonight. I have a lot for you. I hope you have the time to take it in....
Adding A little To Positions…
The SOX (+2.1%) is at a new record high, but price hasn’t been able to add much from the gap...