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...
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...