A.M. Update
S&P futures are unchanged. Negative reactions to earnings news from Walmart (WMT), Cisco (CSCO), and Palo Alto Networks (PANW) have...
Daily Wrap
The averages closed green, but most up less than a quarter of a percent. Generally speaking, today’s 8:30 a.m. economic...
Afternoon Update
Heading into the close, it looks like we’ll get that Small Cap, IWM daily shooting star which is also at...
Intraday Market Update
2:25 p.m. ET Yields are trending slightly higher since the last update, still in the low double digits, but 1-2...
Early Update – Short Squeeze Powers Dash For Trash, But higher Yields Weigh On Everything Else
12:1 p.m. ET Yesterday was ugly for rates and perhaps even trend changing, but as I often warn, “One day...
A.M. Update
S&P futures were trading +0.6% higher earlier ahead of Retail Sales (and other data), but have given back half of...
Daily Wrap
The major indices all closed with sizable gains, ending near their highs of the day on heavier than average volume,...
3C Chart Update
2:57 p.m. ET Before I post these charts, first, there’s nothing so wrong with them that they are actionable downside...
Early Update – CPI Sparks Rally and Massive Short Covering
12:09 p.m. ET The prior two months of CPI came in hotter than expected, and this month’s (October CPI) was...
A.M. Update – Cool CPI
S&P futures were trading flat, but are up +1.35%, jumping as CPI missed across the board d with both headline...
Daily Wrap
The stock market opened to modest losses following Friday’s rally, but rates and the Dollar came off morning highs and...
Afternoon Update – No Conviction, No Direction
3:30 p.m. ET Today is one of those days that the market doesn’t have much to move it, and it’s...
Early Update
11:54 a.m. ET Yields and the dollar have softened up since pre-market and that’s helping tone in stocks improve in...
A.M. Update
S&P futures are down -0.35% as slightly higher rates ahead of this week’s CPI report weigh on stocks. Notable strength...
Afternoon Update – Actionable Signals Finally Developing
We may be starting to get those actionable reversal signals, although not so much from a rise in bonds, but...
Early Update – Mega-Caps Grab the Lead
12:17 p.m. ET Again, this morning is a fluid market, going from S&P sectors almost evenly split to 10 of...
A.M. Update
S&P futures are up +0.4% as bond yields pull back after a big bounce yesterday. The 10-yr yield is down...
Daily Wrap – Did Powell Pop The Bubble? There’s A Good Chance He Did
Today’s trade was similar to that of recent sessions in the early going, and similar what 3C has been forecasting...
Powell – Moderately Hawkish, The Market Reacts Bearishly
2:52 p.m. ET So far we’ve just hear Powell’s prepared remarks, there’s a Q&A session later. The initial take is...
Powell Live Link
Here’s the link to the live event, Powell speaking on Monetary Policy Challenges in a Global Economy. It’s just starting...