Afternoon Update
The market is in a very pivotal area. We could either see second legs down, such as the Dow and...
Charts of the Averages & S&P Sectors; 2025’s Trend & Potential For an Oversold Bounce
2:22 p.m. ET As mentioned in the last post, we have several major averages that have already made a lower...
Early Update – Higher Yields, Lower Stocks, Important Tests Taking Place Now.
11:59 a.m. ET There’s so much happening this morning that I don’t have the time to do it justice. Consensus...
Payrolls Beat
Nonfarm payrolls increased by 256,000 in December (consensus 227,000) following a revised increase of 212,000 in November (from 227,000). Nonfarm...
Daily Wrap – Payrolls Coming In Friday
So far we’ve been watching price action morph from short-term bearish with the negative reaction to the mid-December FOMC. Price...
Afternoon Update – FOMC Minutes
There was some whipsaw action in the markets following the release of the FOMC’s Minutes from the December meeting, but...
Pre-FOMC Minutes Market Update
1251 p.m. ET It’s been a fairly volatile overnight/pre-market session, but now most averages are down small. Small Caps are...
A.M. Update
S&P futures are up +0.05%. It’s been a volatile morning after CNN reported that Trump is considering declaring a national...
Daily Wrap – Higher Rates Hit Stocks
This isn’t turning out to be the January that many investors hoped for after Santa refused to visit Wall Street. For READ MORE
Daily Wrap – Higher Rates Hit Stocks
This isn’t turning out to be the January that many investors hoped for after Santa refused to visit Wall Street. For...
Afternoon Update
Most of the majors are back at or near session lows. S&P futures (1m) I’ve been pouring through 3C charts...
Market Update – Surging Yields Smack Small and Mega Caps
1212 p.m. ET Yesterday’s leading stocks and sectors (Tech & Mega Caps) are this morning’s laggards. As a result, the...
A.M. Update
S&P futures are up +0.3%. Nvidia rose 2.7% in premarket trading to a new record high after CEO Jensen Huang...
Daily Wrap
Coming into the week, conditions for the kind of bounce we got today were improving, whether technical support nearby for...
Afternoon Update
The SPX went for the gap fill with some sturdier support at the end of last week (double bottom) and oversold...
Market Update
3:06 p.m. ET SP-500 +0.5%, Dow -0.05% (Transports (+0.5%), Nasdaq-100 +0.8%, Small Caps +0.15% The S&P almost filled the gaps above...
Gap Fills & Hints
1235 p.m. ET All of Friday I was writing that I think we were a catalyst away from a bounce...
A.M. Update
S&P futures are up +0.85%, helped initially following impressive Q4 revenues from Foxconn and plans announced Friday by Microsoft to...