Intraday Update – FOMC Drift
It’s a pretty slow day, but Value stocks (+0.75%) have a performance edge over Growth stocks (+0.25%), thus the mega-caps...
A.M. Update -Mega Caps Out of Favor, Small Caps In Favor
11:33 a.m. ET Mega-caps aren’t providing the leadership today that they did yesterday. Although Treasury yields are currently mixed, they...
A.M. Update
S&P Futures are up +0.1% following another heavy batch of earnings that was met with mixed reactions. The Employment Cost...
Daily Wrap
The major indices closed near their best levels of the day with gains ranging from 0.6% to 1.6%. The market...
Afternoon Update
3:44 p.m. ET SP-500 +1.25%, Dow +1.7% (Transports +2.2%), NASDAQ-100 +1.2%, Small Caps +0.75% The S&P is green for only...
Early Update
11:53 a.m. ET This morning looks typical of an oversold or relief bounce. The relief bounce would likely be related...
A.M. Update
S&P futures are up +0.55%. Israeli forces entered the Gaza Strip, beginning “the second stage of the war.” Prime Minister...
Stock Market Video Update: CRACKS
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Afternoon Update
I was hoping to get this post out before the close, but some things just took some time, and there...
Middle East Uncertainty
Since early last year, I’ve brought u the concept of, “When the missiles fly, it’s time to buy”, and how...
Early Update
11:46 a.m. ET This morning we have something of a flip-flop between yesterday’s leaders/laggards, no doubt due in large part...
A.M. Update
S&P futures are up +0.4% and NASDAQ100 futures are up +0.85%, both boosted by big pre-market, post earnings gains from...
Daily Wrap – More Serious Cracks In Mega Caps
I have a lot for you tonight. I just want to say in advance, not to get a near term...
Afternoon Update
In to the final hour of trade, the market turned lower and broadly so. I don’t see a specific news...
Market Update – SPX’s Channel Holding
2:48 p.m. ET Treasury yields were already down decently, but slid to new session lows following a strong 7-year Treasury...
Early Update – Mega-Caps Finally Giving Up the Ghost
11:42 a.m. ET What’s clear about this morning and this week’s trade is that the market generals, the mega-caps, are...
A.M. Update
S&P futures are down -0.25% and NASDAQ-100 futures down -0.45%. Dow futures are nearly unchanged. All are off their worst...
Daily Wrap – The Market Generals Are Cracking
As for downside catalysts today, there were plenty. From a horrible reaction to market general, Alphabet’s earnings, to yields rising,...
Afternoon Update
The NASDAQ-100 came within 0.45% of $14,300, a small intraday bear flag’s measured move. In the last intraday update, I...