ADP Jobs Report Spooks The Bond Market, Stocks Stall
1:20 PM ET There’s a lot to take in today, mostly in conflicting economic data in the form of ISM...
A.M. Update – Weak ADP Jobs Report
Index futures were set for a modestly higher start after a batch of final May Services PMI readings from major...
Daily Wrap
Small-cap stocks and semiconductor issues led today’s gains, with backing support from mega caps. There was a bit of a...
Afternoon Update
In my view, there’s not too much to get worked up about today, whether you’re a bull, bear or in-between....
Intraday Update – Rates Off The Lows, Steel Tariffs & “The Range”
2:29 PM ET In April and the first half of May, yields and stocks had a positive correlation reflecting economic...
Market Update – SPX $6k? URA Breakout?
12:47 PM ET Yesterday’s yellow flags backed off with the Dollar holding support a $98.77, Gold pulling back from $3400,...
A.M. Update
S&P futures are down 0.15%. Economic data released overnight showed the first contractionary reading of China’s Caixin Manufacturing PMI (48.3)...
Daily Wrap – Unremarkable Equity Action, But Interesting Action in the Dollar, Gold, Rates and Crude
Tariff angst is starting to rear its head again. While it may not have appeared that way from equities by...
Intraday Update
3:09 PM ET The last post didn’t go out when it was meant to at the time stamp of 2:19,...
U.S. – Iran Nuclear Deal Proposal
2:19 PM ET “The nuclear deal proposal the U.S. gave Iran on Saturday would allow limited low-level uranium enrichment on Iranian soil for...
The Trend is As Expected. Red Flag Territory Was Approached
1:21 PM ET The week is starting as expected, resuming the mixed tone and lateral price trend. Our market messengers...
A.M. Update
S&P futures are down 0.3% . The market is seeing some early pressure after President Trump said on Friday that...
Afternoon Update
Earlier, the S&P 500 had slipped to 5,843 on reports the U.S. might impose more technology-related sanctions on China, but...
URA Update
3:20 PM ET I wanted to quickly touch on URA since it just started a bullish consolidation that is beginning...
MArket Update – Tariffs Are Coming Back As a Market Driving Factor
1:22 PM ET ***I put together this post and just as I’m finishing, news drops and moves things around. With...
A.M. Update
S&P futures are down 0.4% despite cool inflation data. The market is worried about tariffs this morning. Here’s the latest...
Daily Wrap – Nvidia Didn’t Provide a Spark
NVIDIA (NVDA 139.18, +4.37, +3.2%) was set to be the fulcrum for the stock market today after it delivered impressive...
Afternoon Update
It was reported a short time ago that the U.S. Appeals Court granted the White House’s request to temporarily reinstate...
Market Update – Fast Reversal of Fortune
12:40 PM ET I’ve been doing a little reading to familiarize myself with the Trump administration’s options in the wake...
A.M. Update
S&P futures are up 0.75% but well off overnight highs. As expected, the Trump administration said it will appeal the...