Measured Move Targets Hit
10:56 AM ET The S&P’s measured move for the second leg down was the $4900-$4925 area. It has tagged the...
A.M. Update
S&P futures are down -2.3%. Information on tariffs from the Whte House remains fluid and contradictory. US Commerce Secretary Lutnick...
Stock Market Video Update
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Afternoon Update
I don’t usually have a Daily Wrap post on Friday’s, but I’ll have something after the close and a weekend...
Market Update – Some of the Ugliest Trade in Years
2:58 PM ET Nothing about price action looks remotely constructive, just panicky selling. SPX (10m) SPX (daily) – the 2018...
Market Update – Flurry of News
12:49 PM ET There’s so much happening — you all should see my blood pressure at the end of the...
Powell To Speak 11:25 A.M. ET On State Of Economy – Link
Link...
Things Are Getting Serious Fast – Emergency Fed Rate Cut?
I’m trying to get this post out fast, some of the price-percent changes may have changed as things are moving READ MORE
Things Are Getting Serious Fast
I’m trying to get this post out fast, some of the price-percent changes may have changed as things are moving...
A.M. Update – Trade War On
Well, not every country is going to just sit back and beg for concessions and exemptions from the U.S. China...
Daily Wrap – Game of Tariffs
“Everyone has a fight plan until they get punched in the face” – Mike Tyson Markets got punched in the...
Afternoon Update
Since the cash open, the S&P (-4.8%) has been in an intraday range of about 1.5%. The price action was ...
Intraday Update
1:30 PM ET S&P futures are pretty close to yesterday’s tariff reaction lows. ES (2m) – Just above, but there’s...
Early Update -Shoot First, Ask Questions Later
11:09 AM ET For my own sanity, I’m going to try to work in more bite-sized chunks with shorter, more...
A.M. Update
S&P futures are down 3.7%. Global markets reacted as expected to the shock. Pre-market declines in large-cap tech names have...
Blanket and Reciprocal Tariffs
I’m not going to spend much time on the typical Daily Wrap tonight given the tariff announcement after the close...
Afternoon Update – Tariffs Up Next
You now my stance on market uncertainty. To that end, according to reports citing administration sources, President Trump has been...
Pre-Tariff Market Update
1:20 PM ET This post is going to be a little diferent. I’ve been pouring through 3C charts and want...
A.M. Update
S&P futures are down -0.9% ahead of today’s tariff announcements. (2m) After yesterday’s safe-haven bid, Treasury yields are little changed....