A.M. Update
S&P futures are +0.35% after this morning’s data dump. Early indications are for broad participation, but those tend to shift...
Daily Wrap – A Mixed Market With More Rotation, Cracks in Tech and Strength in Crude
Yet another day of crazy rotation with cyclicals leading and tech notably retreating -a complete flip of pre-market indications. For...
Afternoon Update
Not much has changed this afternoon as far as leadership goes, with the exception of the Energy sector (+3.4%) taking...
3C Update
2:04 p.m. ET Several 3C charts are getting uglier intraday and they happen to be in the two averages that...
Another Flip – Cyclicals Lead, Tech Drags
1:03 p.m. ET Once again, pre-market indications of Nasdaq (Growth-leaning) over DJIA and Small Caps (Value-leaning), are flipped on their...
Early Update
Index futures are little changed from last night, though everything has been shaken up at the cash open every day...
Daily Wrap
As has been the norm recently, early futures indications meant nothing once the cash market opened. the Dow and Small...
Afternoon Update
The day has been fairly slow with the S&P spending a majority of the session in a 30 point range....
Mixed Trade; Reversal Of Yesterday’s Trends
Once again, pre-market indications flipped at the cash open with the Dow and Small Caps declining and Nasdaq gaining as...
A.M. Update
Index futures point to a mixed start: S&P 0%, Nasdaq -0.15%, Dow +0.15%, Small Caps +0.12%. President Trump said via Truth...
U.S. Reflation Hopes: Authentic or Just Asia’s Echo?
The stock market added to the strong start to the first full trading week of the new year today, with...
Market Update – Eclectic Mix with Procyclical Bias; Metals Rip Higher
Today’s session opened with a noticeable defensive tilt, but leadership has since broadened into a rather eclectic mix. The Technology...
A.M. Update
S&P futures are flat with slight underperformance in Russell 2000 futures. A number of energy stocks saw gains close to double...
Daily Wrap
The first full trading week of 2026 kicked off with a something of a head fake this morning: chip stocks...
Volatility
VXX’s positive 3C divergence has been in effect about the same amount of time as VVIX has displayed relative strength....
From Asian AI Hype to Venezuelan Resource Rush: Cyclicals Lead Risk-On Rotation
While today has a risk-on bias with Defensive sectors lagging, the focus shifted dramatically from pre-market’s AI optimism, to a...
A.M. Update
On this second trading day of the new year, S&P 500 futures are up +0.3%, as trading desks return to...
Window Dressing Dynamics Being Unwound First Trading Day of 2026; Potential Rotation to cyclicals, but Far From a Strong Case
1:47 p.m. ET The market got off to a strong Tech-led start and rapidly faded it. The evidence of Window...
A.M. Update
S&P futures are up 0.5 percent, set to break a four-day losing streak as markets start the new year, aligning...
Afternoon Update
Price declines may not be huge, but price action is solidly bearish. NDX’s (5M) price action this week is a...