Afternoon Update
Value style factors have a 200 basis point lead over growth. The momentum style factor has been obliterated today. The...
Q3 Rotation Very Obvious
12:45 PM ET There’s a lot happening today. I’ve suspected that with the turn of the quarter we are going...
A.M. Update
S&P futures are down -0.3%. The market awaits the final amendments to the large reconciliation bill, as the Senate continues...
Daily Wrap – Something Stood Out
The S&P 500 and Nasdaq extended record highs set on Friday. Most of the day was a dull affair with...
Afternoon Update
Most of the averages are advancing into the close. The advance follows a Bloomberg report that Apple (AAPL +2.2%) is considering using AI...
Market Update – RUnning Out The Clock?
1:29 PM ET The stock market is modestly positive, drifting near opening levels and very dull. S&P sectors are mixed...
A.M. Update
S&P futures are up 0.35%. The Washington Post reports that the Senate is set to vote on the large reconciliation bill...
Quick Afternoon Update
Who knows, but I do wonder when seeing VVIX’s relative strength early on today, whether there was something behind...
Trade Concerns and 3C
3:09 PM ET This is pretty timely considering my last post ending with the uncertainty of tariffs even amid the...
Window Dressing Winding Down?
1:35 PM ET Today’s push to fresh records has been encouraged by indications that officials from the U.S. and China...
A.M. Update
S&P futures are up 0.2%. President Trump and China’s Ministry of Commerce say they reached a consensus in principle on...
Daily Wrap – Growthy Feel
There was evidence in today’s trade consistent with more quarter end window dressing activity, but there was an additional takeaway...
Afternoon Update
The S&P made an initial pass at the Feb. record high and backed off. SPX (1m) – This looks like...
Market Update – Some Evidence of Window Dressing, But Shadow Fed Chair Plans Also in Play
1:45 PM ET One of the primary and surprising factors to drive trade today, which may have been hinted at...
A.M. Update
S&P futures are up 0.25%. Mega caps and chip makers are in favor. On that note, Micron (MU) beat Q3 expectations and...
Daily Wrap – Whiffs of Quarter End Deception Are In the Air
The S&P 500 started today’s session -0.9% short of its all-time high, and that’s where it ended the session– flat...
Intraday Update
3:54 PM ET I have a little bit more information with regard to that last post. My first assumption was...
Afternoon Update – Some Movement on 3C
This is more of an intraday update, but we’re nearing the close. Mega cap are holding markets up today such...
Market Update – Not Great Follow-Through
1:25 PM ET Today is not off to the most impressive start as far as follow-through goes. Only two sectors...
A.M. Update
S&P futures are up 0.15%. President Trump is at the NATO summit in the Netherlands, where members are set to...