FOMC Retrace
1:27 p.m. ET Before the FOMC or major Fed events, I’ve always warned to beware of the knee-jerk reaction in...
Early Update – Failed Breakouts?
11:14 a.m. ET There’s a lot going on this morning as rates and oil jumped to new highs for the...
A.M. Update
S&P futures are down -0.65% as Crude oil prices (WTI+1.5%) and bond yields have rising throughout the night after yesterday’s...
Daily Wrap
We’re 1-day into Q2 and inflation was the dominant theme today. The February Personal Spending and Income report, released Friday...
Afternoon Update
Last week I wrote numerous times that we’re at a very interesting and informative area, with a number of bullish...
URA (Uranium) Follow Up – Adding To Gains
2:49 p.m. ET I wasn’t sure we’d get here due to weak volume on the last advance, but URA (+3.5%)...
Gold’s New High Facing Headwinds From Higher Yields
2:27 p.m. ET It’s not just mega-caps, semis and NASDAQ-100 that are trying to make moves today and are being...
URA (Uranium) Breaking Out
11:34 a.m. ET There are a lot of breakouts, potential breakouts and potential failed breakouts all taking shape at the...
Early Update- Higher Oil & Yields Threaten Failed Breakouts in Major Averages
11:176 a.m. ET Tech and NASDAQ-100 were doing some catching up to the rest of the market from late last...
A.M. Update
S&P futures are up +0.15% as Q2 begins. Bond and equity markets were closed for Good Friday, but Friday’s calendar...
Afternoon Update
First, summing up the day as a lack of conviction is an overstatement. Of course we are heading into an...
Intraday Update – Gold and Crude Looking Strong
2:08 p.m. ET Gold (+1.35%) has added to the breakout/follow through… GLD (15m) And Crude has added to gains (+2%)…...
Early Update – Slow Start for Stocks; Gold Breaks Out; Crude Looing Good
11:51 a.m. ET The market is off to a slow and flat start. I don’t want to get ahead of...
A.M. Update
The market is set to open flat on the final day of this holiday-shortened week and last trading day of...
Daily Wrap
Today was a little different than yesterday. The theme of quarter end dynamics was still front and center, just at...
Afternoon Update
The last couple of days of hints, have added up to a clearer picture for the week with quarter end...
Follow Up On Distribution & Rotation Dynamics
2:43 p.m. ET After end noticeably heavier end of day selling, in an other wise dull market until the last...
Early Update – Pension Funds Dump More Tech Leaders At The Open
11:38 a.m. ET At the cash market index level it may appear that not much is going on, but under...
A.M. Update
S&P futures are up +0.45%, which retraces the pension fund selling programs that struck the last 30 minutes of yesterday’s...
Daily Wrap – Late Day Sell Programs
There weren’t any major tier 1 economic data points today, but what economic data we did get was mixed. “Soft”,...