A.M. Update
S&P futures are up 0.3%; Russell 2000 futures are up 0.65%; NASDAQ 100 futures are flat following another round of...
Daily Wrap – Meme Stock Madness
I don’t remember the last time a market flip-flopped from day-to-day like we’ve seen the last few weeks. Yesterday it...
Afternoon Update
I’ve been keeping a close eye on markets. It’s been fairly dull since the open set the stage. The markets...
Market Confidence In Mega Caps Earnings Isn’t As High As Portrayed Yesterday; Metals Acting Well
12:52 p.m. ET There’s a little rotation, pretty much the mirror opposite of yesterday. Mega Caps, Tech and Semis are...
A.M. Update
Index futures are flat after yesterday’s inexplicable market performance. Earnings are set to be the main driver of this week’s...
Fed Chair Powell Referred to DoJ For Criminal Charges
The market open provided evidence validating my suspicions that dealers had a thumb on the scale with an eye on...
Afternoon Update
I’m not sure why Small Caps faded so badly, from tied with the Nasdaq-100 for best on the day, to...
Lower Dollar, Lower Yields, Dealers Take Thumb Off the Scale, Mega Cap Earning Optimism
There’s a lot going for the market coming into the new week. Not the least of which is a notably...
A.M. Update
S&P futures are up 0.1% this morning to start a week that will see the first of the Magnificent 7,...
Big Update: The Market; Opportunities; Concepts and Ideas
This post was meant to be one thing, but I found there was a lot I wanted to share. Hopefully...
SPX Consolidation Follow-Up and $6200
A big part of the reason I’ve been interested in that’s happening with the S&P and Nasdaq is that by...
I’m Not a Fan of Option Expiration
1:45 p.m. ET It takes some time to get a feel for option expiration market dynamics, or even early market...
A.M. Update
S&P futures are up 0.1% heading into today’s auction expiration. Tariff headlines have been few over the past few days,...
Daily Wrap – Short Term Prices Coming To A Head Into Op-Ex; Got Metals?
Wednesday afternoon the market turned around after successfully testing down toward SPX $6200 (and Trump’s denial of a direct effort...
Market Update
2:01 p.m. ET After today’s largely better than expected economic data and yields being stable, both are providing a constructive...
A.M. Update
S&P futures are up 0.15%, gaining on a strong retail sales report as well as other data. Bloomberg reports that President...
Daily Wrap – A New, Potentially Very Dangerous Wrinkle Is Introduced
In many ways today’s market performance was the mirror opposite of yesterday. For instance, the Technology sector was the only...
Afternoon Update
The scenario I laid out yesterday afternoon of PPI coming in cooler than expected leading to small caps outperforming today,...
The Fallout of CPI Continues – Fire Powell?
1:53 PM ET Last night was a rough night for me with hours upon hours preparing the Daily Wrap, but...
A.M. Update
S&P futures are up 0.2% after PPI came in cooler than expected. Russell 2000 futures are in the lead up...