Market Update
3:06 PM ET I’m not sure if the market would have preferred a weak 30-yr auction (Fed may be forced...
30-year Treasury Auction Results
OK, so there’s huge difference between yesterday’s 10-yr auction (that saw President Trump reduce most tariffs just 18 minutes after...
3C Update
I need to adjust my posts to the rapidly changing environment that is the Trump administration. I wrongly assumed we’d...
Today’s 30-yr Treasury Auction Is Key As Some Signs of Stress In the Financial System Persist Despite the President’s Policy Pivot
12:20 PM ET *Due to rapidly changing developments, I’m going to let early analysis and subsequent developments stand as a...
A.M. Update
S&P futures are down -1.9%, which sounds like a lot but it’s still well within the confines of a normal...
Daily Wrap – The Trump Put & Economic Isolation of China
It happened. Trump capitulated on tariffs, but only after nearly blowing up a $2 trillion dollar basis trade and numerous...
Afternoon Update
Today is going to end up being a very bullish day, likely kicking off additional gains over coming days and...
Intraday Update
2:47 PMET Market tone has improved dramatically since Trump’s tariff tweet. Why? It takes uncertainty off the table, at least...
Fast & Furious – Trump Hikes China Tariffs, Suspends the Rest For 90-Days
1:29 PMET Markets are rising quickly, not on the 10-yr auction, but the latest Trump tweet on Truth Social…. although...
Mixed Auction Results & Evidence Of A Liquidity Problem
Results from the 10-yr Treasury auction at 1 p.. are in and they’re mixed, but present evidence of a major...
1 p.m. Treasury Auction Coming Up – It Could be Important
The averages are pretty similar in terms of testing near measured moves/week’s lows. SPX (15m) DJIA (15m) NDX (15m) Small Caps...
Early Update – Looking For a Test
11:36 AM ET S&P sectors are mixed with 5 up and 6 down. The Technology sector (+1.3%), Mega Caps (+0.9%)...
A.M. Update
The stock market is poised for more tariff-related fallout at the open after China announced an 84% tariff rate on...
Daily Wrap
It was another very volatile session in the stock market. There was a strong rally right out of the gate,...
Afternoon Update
Despite today’s pretty extreme intraday price volatility in the stocks, which is a function of elevated volatility levels, I’m still...
Market Update – Trade War Escalation
1:20 PM ET It’s another fast moving session with information changing quickly. I’ll leave some charts the way they are...
A.M. Update
S&P futures are up +2.6% this morning as the upside momentum has continued in a buy-the-dip bid. There’s also growing...
Daily Wrap – Measured Moves Met
The stock market exhibited extreme volatility on the first session of the week on heavy volume. The benchmark index swung...
Afternoon Update
The two most important/influential averages reached second leg down measured moves early in the cash session. If we stick with...
Intraday Market Update – Some Interesting Signals At Measured Moves.
1:30 PM ET SP-500 -0.1%, Dow -0.9% (Transports -1.25%), NASDAQ-100 +0.55%, Small Caps -0.3% The White House called out the...