Market Update – The Test of Cyclical, Value & Small Cap Rotation Is Coming
12:33 p.m. ET We’re getting some follow-though on yesterday’s Cyclicals over Mega Cap Tech, and Value (+0.8%) over Growth (0%),...
A.M. Update
S&P futures are down -0.1%, Nasdaq-100 down -0.2%, and Russell 2000 +0.2%, starting this morning with the same theme as...
Daily Wrap – Nvidia’s Poor Response To Earnings Sparks Some Rotation To Cyclicals, Value, Small Caps and the DJIA.
Another day, another escalation in the Ukraine/Russia war. Earlier Ukraine claimed that Russia launched an ICBM into Ukraine, but with...
Afternoon Update
NVIDIA (NVDA +0.45%) shares are on track to close higher after a volatile session in response to earnings. For now,...
Intraday Update
215 p.m. ET Many stocks are moving higher today with NYSE advancers 4-to-1 over decliners and breadth oscillators climbing into...
Ethereum & COIN
12:12 p.m. ET While bitcoin’s breakout yesterday is looking good today, we’ll still need to make sure price holds and...
Early Update – Nvidia Failed To Spark Risk On, Now Cyclicals and Small Caps Try.
11:09 a.m. ET Nvidia swing from up +4.8% near the open… NVDA (1m) to down -1% Economic data: Initial jobless...
A.M. Update
S&P futures are up +0.4% after reversing an earlier loss on -0.4%. The turn in prices came after traders weighed...
Daily Wrap – Nvidia and Geopolitical Tensions Flare Again
We know that with the light macroeconomic week, Nvidia is the week’s fulcrum event. What we didn’t know (although perhaps...
Nvidia Earnings
4:34 p.m. ET They just cam out at 4:20 so it’s still very early in the process. They pretty much...
Afternoon Update -Stocks Move higher Into the Close Ahead of Nvidia earnings After the Bell
I’m going to get this post out a little earlier than normal. The market isn’t giving away anything on Nvidia’s...
Market Update Pre-Nvidia Earnings
2:23 p.m. ET As the market was selling off Friday and at session lows, 3C went positively divergent (in the...
Commodities & Gold Update
1:08 p.m. ET The Dollar Index is up +0.55%, that typically puts some pressure on commodities, and precious metals, especially...
Second Verse, Same As The First – Geopolitics Flare Up Again
1103 a.m. ET Stocks sold of just before the cash open, then into the cash open. The culprit… Ukraine firing previously banned...
A.M Update
S&P futures are up +0.05%, or barely. Target’s (TGT) earnings this morning were an absolute disaster, unlike Walmart’s WMT after...
Daily Wrap – Geopolitical Turmoil Twists and Turns & the Market Goes Back to Focusing on Nvidia Earnings
There’s a little of everything in today’s mix. First, Ukraine got the most attention after getting the go-ahead from Washington...
Afternoon Update
The stock market has largely shaken off geopolitical tensions and gone back to plan – consolidate (bearish bias) ahead of...
3C Update, Nvidia & The Averages
12:31 p.m. ET Futures were impacted overnight as you already know, but in the cash session, 3C is confirming the...
Early Look – Averages Bouncing Back Toward Yesterday’s Consolidation Areas
11:01 a.m. ET I was worried about this in the near-term, as I posted yesterday on Twitter/X. https://x.com/WOWSTrade/status/1858562079830982679 However, since...
A.M. Update – Geopolitical Tensions Heat Up
Equity futures and Treasury yields (flight to safety) are lower in early action. Geopolitical tensions are heating up after Russian...