A.M. Update
S&P futures are flat heading into the cash session. WTI Crude Oil futures are up +3.85% to $103.77/bbl., finally breaking...
Daily Wrap – The Calm Before the FOMC and Mega Cap Earnings
Higher oil prices pushed Treasury yields higher again today. April Equity Tailwinds Shift to Headwinds What started as a strong...
Afternoon Update
WTI crude up +3.6%, but fighting against the invisible hand right at $100. There is a tight bullish symmetrical triangle...
Market Update: Bad Timing for Big Tech: OpenAI Miss, Semis Stumble, and Oil @ $100
The WSJ OpenAI feature couldn’t have come at a worse time for mega cap hyperscalers reporting earnings this week, and...
A.M. Update
S&P futures are down -0.6% and Nasdaq-100 down -1.15%. Nvidia (NVDA , -4%) and other prominent AI names are moving...
Semis’ Win Streak Ends, Credit Diverges, and Tailwinds Weaken Ahead of Fed & Mag7
Stocks finished mixed and barely changed, in sharp contrast to a very busy weekend of news and headlines. Mega-cap and...
Semiconductors Win Streak At Risk As HyperScalers Report, Tech Momentum Cools, & DeepSeek’s Disruption Theme Remerges
On the geopolitical front, Iran has reportedly sent a new proposal to the U.S. that would reopen the Strait of...
A.M. Update
Index futures are set for a flattish start after negotiations between the U.S. and Iran stalled ahead of a busy...
Afternoon Update
The day’s a little dull. Risk sentiment got a boost from: 1) Intel’s earnings, lifting SOX for an 18th consecutive...
A.M. Update
Equity futures had been mixed, but they have turned higher on an Al Arabiya report that Pakistan may soon announce...
From Mechanical Flows to More Chaotic Trade As Broadening Consolidations Take Shape
Today they advanced to new highs, but they were unable to retain that posture and closed the session with losses....
Market Update – Important Developments
*As I was finishing up this post, some developments broke with respect to the conflict with Iran. It would take...
A.M. Update
S&P futures are down -0.3%. Several influential stocks are seeing disappointing price action following earnings, including; Tesla (TSLA), IBM (IBM), Honeywell (HON),...
Daily Wrap, or Maybe A.M. Update
Sorry this is so late. I saw something on the charts, then spent half the night trying to birth a...
Uranium (URA) Update
I haven’t forgotten about Uranium (URA +7.4%), one of our longer-term long positions. After several failed attempts to break above...
Stocks Relief Rally, But Crude Oil Remains Concerned
The stock market’s gains today follow on the heels of President Trump’s declaration that he is extending the ceasefire with...
A.M. Update
S&P futures are up +0.55% as geopolitical tensions simmer and earnings season heats up with Tesla reporting after the close....
Happy Taco Tuesday!
Tonight’s post will be a bit shorter and structured a little differently due to developments both during and after the...
Market Update – Uncertain Peace Talks As Ceasefire Deadline Looms
US-Iran peace talks remain highly uncertain as the fragile two-week ceasefire expires tomorrow. The US has expressed confidence that a...
A.M. Update
S&P futures are up similar to last night, +0.2%. WTI Crude oil prices are flat, in the small bull flag...