Afternoon Update – Weekend Angst
From what I’ve been reading, it sounds like Israel’s IDF is prepared to go into Gaza/Gaza city over the weekend....
Early Update – Unknown Weekend Risk Potential
11:47 a.m. ET Since the open, the preliminary reading for the University of Michigan Consumer Sentiment Index for October came...
A.M. Update
S&P futures are up +0.35% as Treasury yields have pulled back amid a further escalation in the war between Israel...
Daily Wrap
S&P futures were up +0.4% in pre-market before this morning’s CPI report came out, then everything changed and the stock...
Intraday Update – Weak 30-Year Treasury Auction Hits Stocks.
Ever since this morning’s CPI, yields have been higher and the U.S. Dollar Index (+0.7%) have been higher and that,...
Early Update – CPI Hits the Brakes
11:50 a.m. ET Since CPI this morning, yields and the Dollar Index have jumped and stocks have broadly declined. The...
A.M. Update
S&P futures are up +0.1% off morning highs as yields are off morning lows following the CPI report. The Consumer...
Daily Wrap
In the early hours of this morning, tensions in the middle east picked up with Iran-backed Hezbollah making provocative moves...
Market Update – Consolidations Developing As Expected
2:56 p.m. ET The averages are mixed and little changed (typical of the consolidation expected to extend form yesterday). Mega-caps...
Early Update – Bullishly Biased Consolidation Supported By Mega-Caps
11:15 a.m. ET Bonds jumped in the early hours of the morning of another flight to safety as Israel said...
A.M. Update
S&P futures are up +0.35% as long term yields fall more as the war escalates and safe haven bonds are...
Daily Wrap
Index futures went more or less sideways overnight as global stock markets rallied, following in the U.S’ footsteps from yesterday....
Afternoon Update
The market’s behavior remains a simple theme that we’ve seen for more than a year and a half – lower...
Intraday Update – Yields Continue Lower
1:10 p.m. ET I’ve been writing for weeks that for stocks to gain any upside traction, yields re going to...
Early Update
11:06 am. ET Of course it’s very early in the session, but after yesterday’s 1-day overbought internals on light volume,...
A.M. Update
S&P futures are up +0.1% as global markets trade mostly higher following in the U.S.’ footsteps and on hopes China...
Daily Wrap
The stock market opened lower as investors reacted to news that Israel declared war on Hamas after a surprise attack...
Afternoon Update
There’s not too much to add to what you already know. The only new information I have is that after...
Market Update – Holding Up Well
2:27 p.m. ET Despite the geopolitical angst triggered by the Israel/Hamas war, the stock market has not traded in a...
Early Update
11:05 a.m. ET Index futures are off overnight/pre-market lows into the cash session as the Israel-Hamas war over the weekend...