Early Update – Strong Stat, But Less Impressive Now
12:14 p.m. ET The market has been very fluid this morning. I’ve had to revise this post 3 times. We...
A.M. Update
S&P futures are up +0.3% Personal income rose 1.0% in January (consensus 0.5%) following a 0.3% increase in December. Personal...
Daily Wrap
Like everyday since last Friday’s market open, the market was dull, lacking conviction and in apparent “Wait and See” mode...
Afternoon Update
As you may have guessed, there are no meaningful changes since the last Market Update, but that’s pretty much been...
Market Update
2:09 p.m. ET The mid-week trade has a similar feel so far to the first half of the week, which...
Bitcoin Volatile Intraday – Some COINBASE Users See $0 Balance
1:20 p.m. ET I’m not sure which came first, the chicken or the egg in this situation, but it seems...
Early Update
10:37 a.m. ET This morning just looks like some nervousness in richly valued Tech-related leadership names ahead of the PCE...
A.M. Update
S&P futures are down -0.3%, NASDAQ-100 down -0.4% and Russell 2000 -0.65%. I suspect the weaker tone is another manifestation...
Daily Wrap – Short Squeeze Day Two
Today marks the third consecutive day of mostly dull price action in the major averages as they failed to follow...
Afternoon Update
It’s just a pretty dull day. Most of the averages are +/- 0.3% from unchanged, except Small Caps +1.45%, which...
Apple Abandons Electric Car, Pivots to… AI
16 years after the idea, Apple gave up on producing its electric car today. ” the decision to ultimately wind down...
Market Update -Biotechs Add To Breakout
1:39 p.m. ET Today’s trade has a similar feel to yesterday’s trade. The three major indices are little changed from...
Early Update
11:29 a.m. ET The stock market is lacking direction again today. The three major indices trade near their prior closing...
A.M. Update
S&P futures are little changed, up +0.1%, as the week’s important economic data and Fed speakers draw near. Earnings news...
Daily Wrap
Today was another fairly dull consolidation day – the second in a row since Nvidia’s earnings sent the market higher...
Afternoon Update
Outside of Bitcoin making a nice move up on heavier volume (mentioned this morning), it’s been pretty slow in equity...
Intraday Update -Quiet Day
3:03 p.m. ET It’s been another pretty quiet session post Nvidia earnings, but still falls well within the realm of...
Early Update
11:29 a.m. ET It’s a fairly quiet start to the new week. Other than some short covering, there’s not much...
A.M. Update
S&P futures are vacillating around unchanged in pre-market (+0.05%). There are some notable events this week, including earnings from some...
Afternoon Update – PCE Next Week
Today wasn’t quite the bullish follow-through day I thought possible due to internals not being overbought, despite yesterday’s spectacular rally....