Early Update -Interesting Development
11:10 a.m. ET There’s one surprising development this morning that’s actually important. I wouldn’t expect it on a half day....
A.M. Update
S&P futures are up less than a tenth of a percent (+0.07%) in a very quiet holiday session which will...
Afternoon Update
This is going to be my last post of the day so I can do last minute shopping for Thanksgiving....
UNG Update
2:33 p.m. ET UNG is looking modestly decent here as it tests the June low for a second day. I...
3C Follow Up
1:59 p.m. ET I’ve watched 3C for so many years, I sometimes get a feel for things that haven’t quite...
Early Update – Maybe Some Leading Signals Starting to Develop
11:35 a.m. ET While still up decently enough, S&P and NASDAQ-100 have given up about half of early opening gains....
A.M. Update
S&P futures are up +0.35% after supported by mega-cap leadership after NVIDIA (NVDA) once again blew past analysts’ estimates, but this...
Daily Wrap
From a price-percentage change for the major averages, today was uneventful. It could slip under the radar as just a...
Afternoon Update
3:43 p.m. ET Since the FOMC Minutes, bond yields have come down a bit more (2y -2.5 bp and 10y...
FOMC Minutes
2:15 p.m. ET At first glance, the FOMC minutes seem a little more hawkish: FED MINUTES: ALL ON FOMC AGREE...
FOMC Minutes on Deck
1:43 p.m. ET In about 15 minutes the Minutes from the last FOMC meeting will be released. The general consensus...
Early Update – Small Caps and NASDAQ Underperform
11:23 a.m. ET Existing Home Sales (10 a.m. ET) were not pretty. Total existing home sales SAAR dropped to -3.79mm...
A.M. Update
S&P futures are down -0.3%, NASDAQ-100 down -0.5% and Russell 2000 -0.75% as we get the FOMC Minutes this afternoon....
Daily Wrap
Heading into a holiday shortened week and favorable seasonal factors, today’s advance left the major indices near session highs at...
Market Update
2:38 p.m. ET The market is acting modestly bullish as expected for the holiday shortened week and consider how the...
Early Update
11:25 a.m. ET I expect the week will have a modest bullish bias, but dull as a holiday shortened week....
A.M. Update
S&P futures are barely changed (+0.05%) coming into this holiday-shortened week. Markets will be closed on Thursday and close at 1:00...
Afternoon Update
The major indices have seen some up and down price action, but have stuck to tight trading ranges to this...
Early Update
11:30 a.m. ET As suspected in the A.M. Update, “S&P futures are up +0.2%, but a little bump in rates...