A.M. Update
S&P futures are up +0.2%, but a little bump in rates since this morning economic data, may cause futures to...
Daily Wrap
Lower yields did not benefit stocks today as has been the norm, but did benefit gold. Yields today, basically retraced...
Intraday Update – Where Things Stand
3:01 p.m. ET I’m not a fan of dull days that aren’t actually doing something insightful. A consolidation day can...
Early Update
11:28 a.m. ET What we’re seeing, despite favorable yields for stocks, is a market that struggles for direction without short...
A.M. Update
S&P futures are unchanged. Negative reactions to earnings news from Walmart (WMT), Cisco (CSCO), and Palo Alto Networks (PANW) have...
Daily Wrap
The averages closed green, but most up less than a quarter of a percent. Generally speaking, today’s 8:30 a.m. economic...
Afternoon Update
Heading into the close, it looks like we’ll get that Small Cap, IWM daily shooting star which is also at...
Intraday Market Update
2:25 p.m. ET Yields are trending slightly higher since the last update, still in the low double digits, but 1-2...
Early Update – Short Squeeze Powers Dash For Trash, But higher Yields Weigh On Everything Else
12:1 p.m. ET Yesterday was ugly for rates and perhaps even trend changing, but as I often warn, “One day...
A.M. Update
S&P futures were trading +0.6% higher earlier ahead of Retail Sales (and other data), but have given back half of...
Daily Wrap
The major indices all closed with sizable gains, ending near their highs of the day on heavier than average volume,...
3C Chart Update
2:57 p.m. ET Before I post these charts, first, there’s nothing so wrong with them that they are actionable downside...
Early Update – CPI Sparks Rally and Massive Short Covering
12:09 p.m. ET The prior two months of CPI came in hotter than expected, and this month’s (October CPI) was...
A.M. Update – Cool CPI
S&P futures were trading flat, but are up +1.35%, jumping as CPI missed across the board d with both headline...
Daily Wrap
The stock market opened to modest losses following Friday’s rally, but rates and the Dollar came off morning highs and...
Afternoon Update – No Conviction, No Direction
3:30 p.m. ET Today is one of those days that the market doesn’t have much to move it, and it’s...
Early Update
11:54 a.m. ET Yields and the dollar have softened up since pre-market and that’s helping tone in stocks improve in...
A.M. Update
S&P futures are down -0.35% as slightly higher rates ahead of this week’s CPI report weigh on stocks. Notable strength...
Afternoon Update – Actionable Signals Finally Developing
We may be starting to get those actionable reversal signals, although not so much from a rise in bonds, but...
Early Update – Mega-Caps Grab the Lead
12:17 p.m. ET Again, this morning is a fluid market, going from S&P sectors almost evenly split to 10 of...