Afternoon Update
In last Friday’s Afternoon Update, things weren’t looking good with the Dow and Small Caps breaking down from bearish consolidations,...
Growth Over Valve on the Day; Value Strongly Over Growth on the Week
12:36 p.m. ET Today’s market gains are broad-based. The S&P has hit the target area I set out at the...
A.M. Update
S&P futures are up +0.7%, Small Cap Russell 2000 (+1%) and Nasdaq-100 (+1.3%). Better-than-expected economic data out of China was the...
Daily Wrap – Video Edition
This is a non-public version of the Daily Wrap. Just click on the link/video below. Pro-Tip, if you want to...
Intraday Update
3:15 p.m. ET It has been a slow day for the averages, trading around unchanged today. Value style factors have...
Early Update – Value Leads & Waller Comments Move Rates
1219 p.m. ET There wasn’t much to say about the averages this morning after the open as they were flat...
A.M. Update
S&P futures are up +0.1%. Futures tied to the Dow industrials are -0.3% lower, clipped by an earnings-related decline in...
Daily Wrap – Stocks Rally on Slight CPI Miss & Miss the Rip in Commodities
Since the end of last week I’ve been looking for the SPX and NDX to hold around the $5830 and...
Afternoon Update
Israel and Hamas agreed to a ceasefire and hostage release deal, according to CNBC. Stocks, bonds, and commodities had little...
Early Update – Bounce
12:36 p.m. ET Big morning – lots to check, lots of charts to update and re-update. Going back to last...
A.M. Update
It looks like we’re well into our bounce off $5830 and $20,800 this morning with S&P futures up +1.25%. Next,...
Daily Wrap – Value, Cyclicals and Small Caps Finally Bid
The stock market had a mixed session at the index level, but the vibe under the surface was positive. The...
Afternoon Update
Well that didn’t last long and we blame the mega caps. QQQ (1m today) Nasdaq/QQQ’s 3C chart still hints at a...
Intraday Update
2:15 p.m. ET There’s a little better tone intraday in a few sectors while volatility comes under a little heavier...
Early Update – Important
12:29 p.m. ET The SPX $5830 and NDX $20,800 areas identified last week proved to be important near term levels,...
A.M. Update
S&P futures are up +0.35%, on a jump this morning after a Bloomberg report that Trump is considering a gradual...
Daily Wrap – Change in Character
Index futures started the week on a downbeat note following a weak European open, but managed to retrace most, if...
Afternoon Update
The averages are mixed. SP-500 -0.1%, Dow +0.7% (Transports +0.85%), NASDAQ-100 -0.6%, Small Caps -0.2% SPX makes a deeper lower...
Down Trend More Defined As Rising Oil Prices Exacerbate Inflation Concerns
12:47 p.m. ET I’ve been going through price action, 3C charts and cross-asset analysis such as Crude, Gold and Rates...
A.M. Update
S&P futures are down -0.65%. WTI Crude oil prices are up +1.75% to $77.90/bbl. The downside bias also follows JP...