Early Update – 10Y Yield New Cycle High, Geopolitical Uncertainty and Earnings Weigh on Stocks
12:07 p.m. ET Since pre-market, stocks have fallen more as yields climb with the 10-year yield reaching a new intraday...
A.M. Update
S&P futures are down -0.5% as global markets are mostly lower. At the center of today’s weakness is rising tensions...
Daily Wrap – The President’s Trip to the Middle East Receives Bad News Tonight
By the close it looks like an average and uneventful day for most equities, yet the stock market saw somewhat...
Afternoon Update
Other than what we already knew from this morning, that treasuries hold sharp losses and stocks have positively diverged any...
Intraday Update – Stocks and Rates Correlation – From Micro to Macro
1:42 pm. ET The Rates/Stock correlation is so strong (despite the day’s inefficiency on the whole, which has happened a...
Early Update – Short Term Tactical View Aligning With Strategic
11:55 a.m. ET Since pre-market some additional economic data has come in. Total industrial production increased 0.3% month-over-month in September...
A.M. Update
S&P futures are down -0.6%, pressured by a continued jump in rates, not helped by Retail Sales. Retail sales jumped...
Daily Wrap – “Sigh of Relief”
Looking at the bird’s eye view of the day’s stats, it shaped up like this – UP: Stocks & Yields;...
Intraday Update – Waiting Game
2:45 p.m. ET Virtually nothing has changed since the early update. SP-500 +1%, Dow +0.9% (Transports +2%), NASDAQ-100 +1.2%, Small...
Early Update – Sigh of Relief
11:49 a.m. ET As I talked about in the weekend video, what happens early this week has everything to do...
A.M. Update
S&P futures are up +0.5%. Equity futures are positive, reflecting some relief that the weekend did not produce a widening...
Stock Market Video Update – The Stock Market Forecast & Israel and Hamas War
My video will be live on YouTube, Saturday morning at 8:00 a.m. ET. There’s a lot of content in this READ MORE
Video Update – The Stock Market Forecast & Israel and Hamas War
My latest video is out and packed with information and insights. Don’t miss it!...
Afternoon Update – Weekend Angst
From what I’ve been reading, it sounds like Israel’s IDF is prepared to go into Gaza/Gaza city over the weekend....
Early Update – Unknown Weekend Risk Potential
11:47 a.m. ET Since the open, the preliminary reading for the University of Michigan Consumer Sentiment Index for October came...
A.M. Update
S&P futures are up +0.35% as Treasury yields have pulled back amid a further escalation in the war between Israel...
Daily Wrap
S&P futures were up +0.4% in pre-market before this morning’s CPI report came out, then everything changed and the stock...
Intraday Update – Weak 30-Year Treasury Auction Hits Stocks.
Ever since this morning’s CPI, yields have been higher and the U.S. Dollar Index (+0.7%) have been higher and that,...
Early Update – CPI Hits the Brakes
11:50 a.m. ET Since CPI this morning, yields and the Dollar Index have jumped and stocks have broadly declined. The...
A.M. Update
S&P futures are up +0.1% off morning highs as yields are off morning lows following the CPI report. The Consumer...