UNG Update
2:33 p.m. ET UNG is looking modestly decent here as it tests the June low for a second day. I...
3C Follow Up
1:59 p.m. ET I’ve watched 3C for so many years, I sometimes get a feel for things that haven’t quite...
Early Update – Maybe Some Leading Signals Starting to Develop
11:35 a.m. ET While still up decently enough, S&P and NASDAQ-100 have given up about half of early opening gains....
A.M. Update
S&P futures are up +0.35% after supported by mega-cap leadership after NVIDIA (NVDA) once again blew past analysts’ estimates, but this...
Daily Wrap
From a price-percentage change for the major averages, today was uneventful. It could slip under the radar as just a...
Afternoon Update
3:43 p.m. ET Since the FOMC Minutes, bond yields have come down a bit more (2y -2.5 bp and 10y...
FOMC Minutes
2:15 p.m. ET At first glance, the FOMC minutes seem a little more hawkish: FED MINUTES: ALL ON FOMC AGREE...
FOMC Minutes on Deck
1:43 p.m. ET In about 15 minutes the Minutes from the last FOMC meeting will be released. The general consensus...
Early Update – Small Caps and NASDAQ Underperform
11:23 a.m. ET Existing Home Sales (10 a.m. ET) were not pretty. Total existing home sales SAAR dropped to -3.79mm...
A.M. Update
S&P futures are down -0.3%, NASDAQ-100 down -0.5% and Russell 2000 -0.75% as we get the FOMC Minutes this afternoon....
Daily Wrap
Heading into a holiday shortened week and favorable seasonal factors, today’s advance left the major indices near session highs at...
Market Update
2:38 p.m. ET The market is acting modestly bullish as expected for the holiday shortened week and consider how the...
Early Update
11:25 a.m. ET I expect the week will have a modest bullish bias, but dull as a holiday shortened week....
A.M. Update
S&P futures are barely changed (+0.05%) coming into this holiday-shortened week. Markets will be closed on Thursday and close at 1:00...
Afternoon Update
The major indices have seen some up and down price action, but have stuck to tight trading ranges to this...
Early Update
11:30 a.m. ET As suspected in the A.M. Update, “S&P futures are up +0.2%, but a little bump in rates...
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...