Election Night Update
9:51 p.m. ET Looking at asset classes, the moves tonight are very positive for Trump. Of course it will be READ MORE
9:51 p.m. ET Looking at asset classes, the moves tonight are very positive for Trump. Of course it will be READ MORE
9:51 p.m. ET Looking at asset classes, the moves tonight are very positive for Trump. Of course it will be...
7:56 p.m. ET I think we all know that election night results can change quickly. I’m not going to cover...
All 11 Sectors are green and Advancers have a 3-to-1 edge over decliners. Breadth is better today due to Small...
2:17 p.m. ET Earlier I was talking about the theme of the market gravitating to important key levels, around important...
1157 a.m. ET The averages jumped at the cash open… S&P futures (1m) – It seems pretty clear that algos...
Index futures are mixed, between down modestly (R2K -0.05%) and up modestly (Nasdaq-100 +0.25%) with S&P at +0.15%. In short,...
I’m not going to waste your time tonight trying to make more of the market than what it was. It...
It’s been a slow day, predictably. Breadth is slightly positive, but definitely not 1-day internal signal levels. There are rumors...
1250 p.m. ET Mixed action in the mega cap space has contributed to the overall mixed vibe in the market. NVIDIA (NVDA...
Index futures are little changed on either side of flat. There’s been a notable shift lower in yields that have...
Higher and higher yields are keeping some pressure on multiple asset classes, from stocks, to Cypto, to gold. The 2...
2.07 p.m. ET I meant to add these few charts with regard to rates. After dropping to 4.23% this morning,...
1:48 p.m. ET I think I’ve seen enough today to call price action what it is… the consolidation phase (bearishly...
Index futures are up between +0.4 and +0.5% with Russell 2000 +0.75%. Nonfarm payrolls missed big with only 12,000 jobs added...
Mega Caps and chipmakers had an outsized impact today following Meta Platforms and Microsoft earnings. Sharply rising market rates this...
OK. So Maybe the Israel/Iran tit-for-tat isn’t over. Apparently Iran is preparing for a “major” retaliatory strike against Israel, based...
12:58 p.m. ET As yields meet some resistance (higher yields have been part of the pressure on stocks this morning),...
11:18 p.m. ET A lot of the market price patterns/signals are being played out this morning. SP-500 -1.6%, Dow -1%...
S&P and Nasdaq-100 futures are down -0.65% and 0.75%, and that’s off the worst level of the norming. As we...