A.M. Update
S&P futures are down -0.3% and NASDAQ -0.45%. Price action is starting to move lateral since yesterday’s rebound of the...
Daily Wrap
After a decent close on Friday to cap off another 5-day win streak, the second in three weeks, Moody’s followed...
Afternoon Update
There’s been a lot of extended hours (futures) and intraday movement, but barely any movement on the day. The SPX...
Market Update – Transitional Trend Likely
12:39 PM ET The market is reacted to Moody’s downgrade of the US sovereign. I don’t think the downgrade itself...
A.M. Update – US Credit Downgrade
S&P futures are down -1% with the Mega capture weighing most on the indices. Treasuries are selling off, especially at...
Daily Wrap – Moody’s Downgrades US Credit Rating – Some Yellow Flags.
I’m going to freestyle this a little bit. Let me know if you like this format better or the typical...
SPX $5957 on Short Covering – Nearing $6k
3:08 PM ET The S&P (+0.65%) has come within about 43 points of the $6,000 measured move (high end of...
Market Update – The Slow Crawl to $6k & Hedge Funds Caught Wrong-Footed Again
12:37 PM ET There’s a lot to take in this morning as President Trump leaves the middle east, following his...
Daily Wrap – A Crack In Mega Cap Leadership?
Today was a dullish day led by defensive sectors that looked like it was on track for consolidation day. I...
Afternoon Update
I’m not sure how much this means, especially if we have a US – India trade deal announcement perhaps waiting...
Gold Doesn’t Look Bad
2:16 PM ET I kind of like what I’m seeing today in gold. Price didn’t pull all the way back...
Early Update – Consolidations
11:45 AM ET Once again we have very modest moves in the averages that fall within the scope of consolidation,...
A.M. Update
S&P futures are down about -0.35, off session lows of about twice that after a cornucopia of economic data. We’re...
Daily Wrap – I See A Few Yellow Flags
We have a few interesting market dynamics. First, if it wasn’t already clear, the market is in a very optimistic,...
Afternoon Update
It’s a pretty slow day for the market, which is now being propped up almost exclusively by the mega caps....
WTI Crude Update
1:36 PM ET I think this oil update is important, whether you are interested in trading WTI Crude Oil or...
Market Update – Mega Caps Lead As Everything Else Stalls. Gold Lower.
12:03 PM ET This week 3C has been sketching out a picture of what has been developing in markets. For...
Daily Wrap – 3C Caught Them. The Financial Times Confirms.
This is the May 13th subscriber post for Wolf on Wall Street-Trade, soon to be moving to the Technical Take. READ MORE
Daily Wrap – 3C Caught Them. The Financial Times Confirms.
I’ve said quite a few times over recent weeks that someone with some deep pockets and well connected, knew something...
3C Still Not Conorming Well as S&P Tags $5900 Measured Move
2:15 PM ET The S&P 500 (+0.9%) moved further above its 200-day moving average and turned positive for the year...