Afternoon Update
VIX’s relative weakness is definitely playing a role in supporting the market today as are notably lower rates. SPX...
Market Update – Tech, Mega Caps and Semis Strong Start Faded
1:15 p.m. ET Over the last hour, President Trump announced new tariff rates effective August 1, 2025, for several countries,...
A.M. Update
S&P futures are up 0.2%. Developments on the trade front will likely continue to occupy headlines, as President Trump announced...
Daily Wrap – Back on Rate Watch
While many view a lackluster market day as uneventful, I find these slow days to be the most demanding, often...
Intraday Update
The S&P 500 continues to oscillate within a relatively tight range around its flat opening, currently down 0.1%. There has...
Market Update
1:03 p.m. ET We are off to to a slow start. It seemed from 3C charts yesterday that we would...
A.M. Update
Index futures are slightly higher and headed for a mixed open. Much of the attention this morning has been on...
Daily Wrap – Starting To Get Frothy
Since the July 3rd holiday half-day, it’s been a whirlwind: the Big Beautiful Bill was signed, Tariffs 2.0 letters rolled...
Intraday Update
2:54 PM ET The first two tariff lets to South Korea and Japan are very similar and are a last...
The trade war is heating up again to resume tensions as soon as noon
12:30 PM ET President Trump announced that he signed 12 letters to various countries, informing them of planned tariff increases...
A.M. Update -Tariffs and Trade Deals
To be futures are poised to start the week lower, down -0.35%. President Trump said at the end of last...
Palladium
On June 26th I featured a breakout from a bullish consolidation in Palladium. To recap, “Palladium futures exploded +6.7% higher....
Intraday Update
12:46 PM ET There’s a little weakness in the mega cap space as we near the 1 p.m. ET session...
Market Update – Solid Participation
12:22 PM ET I’m not sure how much useful data we’re gonna get out of today’s half day session as...
A.M. Update
S&P futures are up 0.15%. The jobs report didn’t only beat estimates but blew them away… a very different jobs...
Daily Wrap – Q3 Rotation
The major averages traded modestly higher although mixed. Today was a little bit of a correction of yesterday’s very intense...
Messy Cross Currents
While there’s an element of correction of yesterday’s extreme shift in style factors (rotation) that was/is driven by a popular...
Correcting & Waiting
1:46 PM ET The market awaits the fate of large reconciliation bill, and all tomorrow morning’s Non Farm Payrolls report....
A.M. Update
S&P futures are down 0.15% led by NASDAQ 100 futures down 0.4%. There’s still evidence of the rotation from growth...
Daily Wrap – Quarter Starts With Rotation
Today was the first trading day of the third quarter and suspicions related to window dressing and rotation at the...