Daily Wrap – Next Friday Is Shaping Up To Be Pivotal
The averages were mixed with most ending lower in a duller session. Nasdaq-100 ended with a small gain with Alphabet’s...
Afternoon Update
Today hasn’t been quite as spicy as the rest of the week. Communications (Alphabet earnings) & Tech are the effective...
REMX & LAC
2:49 p.m. ET REMX is the rare earth ETF a fund manager friend brought to my attention and it was...
Market Update
1:26 p.m. ET Thus far today has started out as a much lower price volatility day with the averages mixed....
A.M. Update
S&P futures are flat. Nasdaq 100 futures are up +0.15% and Russell 2000 futures are down -0.75%. The White House...
Daily Wrap – Another Big Broadening Formation? Looks Like It
The stock market posted its strongest session of the week, despite Texas Instruments (TXN -13.34%) earnings after Tuesday’s bell. Most...
Afternoon Update
Robust buying throughout the session has major indices near their daily highs as we near the close. The Dow just...
Intraday Update
Meme stocks have peaked my interest a few times this afternoon, dipping from highs and taking Small Caps lower, then...
More Risk-On, Less Defensive, Mega Caps & Semis Still Lag
12:48 p.m. ET The day has been like many this year, fluid. It’s a bit frustrating for me as I...
A.M. Update
S&P futures are up 0.3%; Russell 2000 futures are up 0.65%; NASDAQ 100 futures are flat following another round of...
Daily Wrap – Meme Stock Madness
I don’t remember the last time a market flip-flopped from day-to-day like we’ve seen the last few weeks. Yesterday it...
Afternoon Update
I’ve been keeping a close eye on markets. It’s been fairly dull since the open set the stage. The markets...
Market Confidence In Mega Caps Earnings Isn’t As High As Portrayed Yesterday; Metals Acting Well
12:52 p.m. ET There’s a little rotation, pretty much the mirror opposite of yesterday. Mega Caps, Tech and Semis are...
A.M. Update
Index futures are flat after yesterday’s inexplicable market performance. Earnings are set to be the main driver of this week’s...
Fed Chair Powell Referred to DoJ For Criminal Charges
The market open provided evidence validating my suspicions that dealers had a thumb on the scale with an eye on...
Afternoon Update
I’m not sure why Small Caps faded so badly, from tied with the Nasdaq-100 for best on the day, to...
Lower Dollar, Lower Yields, Dealers Take Thumb Off the Scale, Mega Cap Earning Optimism
There’s a lot going for the market coming into the new week. Not the least of which is a notably...
A.M. Update
S&P futures are up 0.1% this morning to start a week that will see the first of the Magnificent 7,...
Big Update: The Market; Opportunities; Concepts and Ideas
This post was meant to be one thing, but I found there was a lot I wanted to share. Hopefully...
SPX Consolidation Follow-Up and $6200
A big part of the reason I’ve been interested in that’s happening with the S&P and Nasdaq is that by...