The Lay of the Land -Dollar Strength Weighing on Multiple Asset Classes
12:06 p.m. ET In this update we’re going to look at the lay of the land –today’s early trade. Then...
A.M. Update
S&P futures are up 0.25%. Today’s economic data will be impacted by the shutdown, as the market will no longer...
Daily Wrap – Government Shutdown Begins; Another ABI/VIX Signal In a Strangely Fragmented Market
Index futures sank overnight as the U.S. government shutdown at midnight. Then, “Bad News” on the employment front, was “Good...
Afternoon Update
Bad Payrolls news (ADP’s loss of 32,000 private sector jobs) is good news for the market, sending October rate cut...
Market Update – Patiently Observing
12:58 p.m. ET It’s not so much that it’s been a slow morning but there have been several potentially conflicting...
A.M. Update
S&P futures are down 0.4% amid the start of a federal government shut down at midnight last night. While the...
Daily Wrap – Government Shutdown Looms At the Turn of the Quarter With Another ABI Signal
Tuesday was the last day of the month and quarter, and it looks like a government shutdown is coming at...
Afternoon Update
***Sorry this is late. The hosting issue with the website I had last night, came up again. I’m on the...
Market Update – Economically Sensitive Areas Weak, Mega Caps Weak
1:07 p.m. ET Here’s a chart and excerpt from the Summary section of Monday’s Daily Wrap addressing expectations for today’s...
A.M. Update
Equity futures point to a slightly lower open this morning,. Congressional leaders from both parties failed to reach a deal...
Daily Wrap – Gold Keeps Soaring; Stocks… Meh
***I’m having technical issues with the website. The server pushes through an automatic update that wreaked havoc. I’ve spent about...
Afternoon Update – Mega Cap Gains Significantly Reduced
A decent start for the mega caps/semis/tech, has turned and now most are trading towards the low of the session...
BackTests…
3:01 p.m. ET Last week (I think Thursday as the market was down) I posted expectations of Thursday’s gap being...
SPX/NDX BackTesting Minor Uptrend’s Break
12:01 p.m. ET A lower U.S. Dollar Index (-0.25%) and lower yields (2-yr -2bp; 10-yr -3bp; 30-yr -5.5bp) crate easier...
A.M. Update
S&P futures are up 0.55% shortly before the cash open. President Trump will meet with congressional leaders of both parties...
Plan For Next Week & Looking Forward
Thursday’s market decline ended with 1-day oversold internals, suggesting a bounce Friday. Friday bounced with all 11 sectors green, and...
Afternoon Update: Adding Some Nasdaq-100 & Small Cap Short Exposure
It’s been a long couple of weeks tearing into the minutia of the market to arrive where we are now...
Important Market Update – One-Day Oversold Rebound, Larger Bearish Consolidations Developing
1:28 p.m. ET Two conditions coexist: the market shows signs of a short-term rebound after a single day of oversold...
A.M. Update
S&P futures are up 0.3% from a flat start before the PCE report. Personal income increased 0.4% month-over-month in August...
Daily Wrap
Wednesday the market ended with another bearish consolidation. As of last Wednesday’s Daily Wrap, index futures continued in that consolidation...