Weekly Wrap
The major averages closed firmly lower today, capping a volatile month-end session. Month-end rebalancing appears to be contributing, with small...
Precious Metals Bloodbath
The market saw multiple eventful developments before the opening bell. Notably, President Trump confirmed that former Fed Governor Kevin Warsh...
A.M. Update
S&P futures are down -0.4% with Russell 1000 futures leading losses, down -1%. Apple (AAPL -0.1%) posted solid earnings report...
Daily Wrap – Chaos on the Tape
Overnight and premarket action showed metals soaring and 10 of 11 sectors higher, though Tech lagged. A dismal reaction to...
Tech names under pressure, Crude Oil Adds to Breakout
Multiple asset classes went risk-off at the cash open. There didn’t appear to be any specific catalyst at the time...
A.M. Update
Index futures are higher with Russell 2000 (+0.35%) overtaking Nasdaq-100 (+0.15%) as the Tech sector sits in the red in...
Flat FOMC Drift: Semis Lead, Mega-Cap Rotation Persists Amid Hawkish Shift & Dollar Backtest
The major stock indexes opened higher on Wednesday, lifted by strong corporate earnings reports and related developments (mainly in the...
Afternoon Update
Today’s FOMC and presser seems like a non-event, beyond the bar for additional rate cuts seemingly set a little higher,...
FOMC directive
The FOMC decision was no big shock. They voted to keep the fed funds rate steady at 3.50–3.75%, but with...
FOMC Drift
*Personal note – My mother is still in critical condition. I’m waiting on tests and doctor’s recommendations on where to...
A.M. Update
S&P futures are up +0.15%, while Nasdaq-100 futures are up +0.7%. Chipmakers are higher this morning on earnings and news....
Market Update
I’m currently bouncing between doctor updates and waiting on test results, with the big question mark still hanging over whether...
Urgent Family Matter. Brief Hiatus Today, Thank You All
Just received the call—heading to the hospital now. I’ll be mostly unavailable today but will try to check in when...
Precious Metals Flash Yellow Flags After Explosive Surge
I want to thank everyone for the thoughtful messages. Unfortunately, my mother’s condition has declined sharply and unexpectedly, with the...
Afternoon Update
For context, Small Caps/High Beta have outperformed in 2026 (starting around the Christmas holiday)… MAG/IWM (2H normalized) We’re seeing some...
Market Update
*On a personal note, my mother is currently in critical condition in the hospital. We’re awaiting test results and monitoring...
A.M. Update
Index futures are set for a mixed, flat start. Nearly 100 S&P 500 names are set to report this week,...
The Breaking of Things?
Summing up the week with a picture… Chaotic. Many of January’s 2026 trends and assumptions seem to be crashing down...
Crude Update
WTI is up +3%, strengthening the bullish tone within this consolidation phase. The bigger picture: (60m) Intraday: (3m) This smaller...
Carry Trade Chaos
I’ve already covered USD/JPY’s change in character and why: Prime Minister Takaichi’s dovish, debt-financed stimulus push, plus snap February 8...