A.M. Update
S&P futures are down 0.45%. President Trump left the G7 summit early and called on residents of Tehran to evacuate...
Daily Wrap – A Diferent Day, But The Same Story
To summarize the day, let’s look at an excerpt from last Wednesday’s Daily Wrap – Catching the Scent “As geopolitical...
Market Update
2:24 PM ET I’ve been checking in on a number of charts/indicators and my initial take earlier in the day,...
Market Update – Pendulum Swing
12:09 PM ET The relief rally related to uncertainty becoming certain, is underway. When you think of a conflict like...
A.M. Update
S&P futures are up 0.65%, retracing all the Friday’s weakness and then some. This is the relief rally portion of...
Afternoon Update – WTI Crude Update
Over a month ago the price charts gave me a measured move target for WTI Crude Oil futures. I believe...
Intraday Update
253 PM ET I feel like it’s important to separate the news from the market’s price action but obviously there...
Market Update
1:06 PM ET Last night I commented on The US dollar index and treasury futures both seeing some flight safety...
A.M. Update
S&P futures are down 0.95%. They found some support around 5927 but look to have some resistance or at least...
Daily Wrap June 12, 2025 — Futures Reel as Israel Strikes Iran: Navigating the Geopolitical Storm
*** I wrote most of this post as of closing data but as I’ve been writing Israel has launched an READ MORE
Daily Wrap – Futures Reel as Israel Strikes Iran: Navigating the Geopolitical Storm
*** I wrote most of this post as of closing data but as I’ve been writing Israel has launched an...
Afternoon Update
As we head into the close, the divergence continues at about the same pace. SPY (1m) the red circle is...
Intraday Update
2:42 PM ET I don’t see this as a huge deal but there are some intraday negative divergences this afternoon....
Market Update – Stocks Have A More Defensive Posture. Crude, URA and Gold Look Good
137 PM ET The stock market has a mixed complexion, although moves to the upside and to the downside at...
A.M. Update
S&P futures are down 0.25% which is a better than before this morning’s cool PPI data was released. President Trump,...
Daily Wrap – Catching the Scent
Headline CPI on a month-over-month basis was cooler than expected and that was good news for the market. The year-over-year...
Afternoon Update
Things are only getting uglier especially since news that the State Department is preparing to order all nonessential personnel to...
Getting Uglier- Taking Some Action
2:36 PM ET As suspected, the London trade talks look to be a sell the news event. 3C charts are...
Market Update – Sell the Trade Talk News? Maybe.
1:20 PM ET More details and a clearer picture are emerging from the US China trade talks in London. Trump...
A.M. Update
S&P futures are up 0.15% retracing earlier losses after CPI came in cooler than expected. May CPI 0.1% vs. 0.2%...