Afternoon Update
3:44 p.m. ET SP-500 +1.25%, Dow +1.7% (Transports +2.2%), NASDAQ-100 +1.2%, Small Caps +0.75% The S&P is green for only...
Early Update
11:53 a.m. ET This morning looks typical of an oversold or relief bounce. The relief bounce would likely be related...
A.M. Update
S&P futures are up +0.55%. Israeli forces entered the Gaza Strip, beginning “the second stage of the war.” Prime Minister...
Afternoon Update
I was hoping to get this post out before the close, but some things just took some time, and there...
Middle East Uncertainty
Since early last year, I’ve brought u the concept of, “When the missiles fly, it’s time to buy”, and how...
Early Update
11:46 a.m. ET This morning we have something of a flip-flop between yesterday’s leaders/laggards, no doubt due in large part...
A.M. Update
S&P futures are up +0.4% and NASDAQ100 futures are up +0.85%, both boosted by big pre-market, post earnings gains from...
Daily Wrap – More Serious Cracks In Mega Caps
I have a lot for you tonight. I just want to say in advance, not to get a near term...
Afternoon Update
In to the final hour of trade, the market turned lower and broadly so. I don’t see a specific news...
Market Update – SPX’s Channel Holding
2:48 p.m. ET Treasury yields were already down decently, but slid to new session lows following a strong 7-year Treasury...
Early Update – Mega-Caps Finally Giving Up the Ghost
11:42 a.m. ET What’s clear about this morning and this week’s trade is that the market generals, the mega-caps, are...
A.M. Update
S&P futures are down -0.25% and NASDAQ-100 futures down -0.45%. Dow futures are nearly unchanged. All are off their worst...
Daily Wrap – The Market Generals Are Cracking
As for downside catalysts today, there were plenty. From a horrible reaction to market general, Alphabet’s earnings, to yields rising,...
Afternoon Update
The NASDAQ-100 came within 0.45% of $14,300, a small intraday bear flag’s measured move. In the last intraday update, I...
Intraday Market Update – Yields Higher, Stocks Lower
2:02 p.m. ET Selling has accelerated over the last hour or so, which brought the S&P 500 below the 4,200...
Early Update – A Market General Cracks
11:43 a.m. ET It’s an ugly start to the day with multiple bear flags from yesterday broken, but some key...
A.M. Update
S&P futures are down -0.35%, NASDAQ futures and Russell 200 futures are down -0.6%, while Dow futures are up +0.15%....
The Dollar and Bitcoin Gain, While Stocks and Gold Consolidate
After 5 consecutive days of losses for the benchmark index, the S&P-500 posted a modest gain today to close just READ MORE