Post FOMC Update – HAWKISH
Here’s the quick look… SP-500 (1m) reaction to the Fed – and we have confirmation in fixed income and currencies…...
Pre-FOMC Update
1:46 p.m. ET The FOMC drift (the averages drift higher into the FOMC, one reason as covered last night is...
Early Update
11:13 a.m. ET SP-500 +0.25%, Dow +0.55% (Transports +1%), NASDAQ-100 -0.1%, Small Caps +0.65% There’s not enough movement in price...
A.M. Update
S&P futures are up +0.35% (FOMC drift) as the Dollar and yields slip a bit lower in front of the...
Daily Wrap
The major indices ended the day in negative territory, but closed well off their lows of the day, driven by...
Afternoon Update
From the perspective of how the market behaves around Fed events, I don’t have anything to add to the last...
Intraday Update – Yields Off the highs, Averages Off the Lows
2:24 p.m. ET The averages are coming off he lows of the day. Part of the reason is that US...
Early Update
11:18 a.m. ET In to the cash open, Canadian CPI came in hotter than expected. Headline CPI for Canada printed...
A.M. Update
S&P futures are down -0.2% this morning as the market waits for the FOMC policy decision, updated Summary of Economic...
Daily Wrap
Today was a LOW Conviction waiting game ahead of the Fed. It was most certainly one of the dullest days...
Afternoon Update
I’m starting on this one a little early. I don’t see much changing, but the close is always important as...
Inrtaday Update
1:13 p.m. ET Being there’s virtually no conviction ahead of the Fed Wednesday, it seems the market might as well...
Early Update – VERY DULL START
10:54 a.m. ET The NAHB Housing Market Index dropped to 45 in September (consensus 50) from 50 in August, making...
A.M. Update
Index futures are mixed with S&P down -0.1%, NASDAQ down -0.2% and Small Cap Russell 000 futures up +0.2%. Participants...
Stock Market Video Update – More CRACKS Appearing
If you have been following my near weekly video updates, you don’t have the plethora of information subscribers have by READ MORE
Stock Market Video Update – More CRACKS Appearing
This video was out at 6 a.m., but in case you didn’t et a YouTube notification, or you’ve just been...
Afternoon Update
As the market sits at the time of this writing, it’s an ugly day, but not suspiring given bear flags...
Market Update – UGLIER
1:50 p.m. ET SP-500 -1.1%, Dow -0.7% (Transports -0.5%), NASDAQ-100 -1.7%, Small Caps -1.2% Yields aren’t up that much right...
Early Update – Market Action Getting Ugly
11:32 a.m. ET The preliminary reading of the University of Michigan Consumer Sentiment Index for September came in at 67.7...
A.M. Update
S&P futures are down 0.15% and NASDAQ-10 futures are down -0.3% on this triple witching options expiration. Underwhelming guidance from...