Minutes Update
245 PM ET “Participants indicated that, provided the economy remained near maximum employment, they would want to see further progress...
Market Update – Dull Trade With Stronger Signals of Big Volatility Event Brewing
12:52 PM ET As mentioned last night, index futures we’re bumping into resistance from yesterday’s pre market in early overnight...
A.M. Update
S&P futures are down 0.2% ahead of today’s FOMC minutes. Resistance, rising market rates and more tariff talk has contributed...
Daily Wrap – New S&P Record High… New SKEW Index Record High
Today’s market tone was mostly dull and low conviction… at least until the final minutes of trade. We had a...
Afternoon Update
Gold futures (+1.75%) are acting well after some higher volatility Friday. (30m) I’m all for consolidations, especially after a...
Rare Signal Warns of Higher Volatility Coming
https://x.com/WOWSTrade/status/1891926411621040223
Market Update – Another ABI Signal In the Making
12:42 PM ET Several mega caps sold off at the open. Among the more notable are Meta and Amazon, dragging...
A.M. Update
S&P futures are up 0.4% as Russian and US officials met to negotiate an end to the three-year war in...
Absolute Breadth Index Closes @ 13.24
After nearly 2 weeks of flirting with an ABI signal, we got one at today’s close… ABI (daily) The last...
Afternoon Update
* I’m going to get this post out a little earlier than usual just so you have time to consider...
Absolute Breadth Index – 13.86
220 p.m. ET I’m getting a lot of messages inquiring about the level of the ABI so I thought I’d...
Market Update – Growth Scare
1225 p.m. ET Beyond a massive decline in Retail Sales… Import/Export prices showed that there was inflation, as opposed to...
A.M. Update
S&P futures are down fractionally (-0.05%), while RTY is up +0.3%. There’s not a lot of conviction in early trading...
Daily Wrap
Like CPI yesterday, the Producer Price Index (PPI) came in hotter than expected this morning. The Producer Price Index for...
Market Update – Relief, For Now…
321 p.m. ET The president’s update on reciprocal tariffs has been received well by the market. The Dow Jones Industrial...
Intraday Update – Tariffs Announced, I Guess…
211 p.m. ET I think we were all expecting a 1 p.m. news conference from President Trump. Hasn’t happened, but...
Reciprocal Tariffs On the Way
12:39 p.m. ET Today has been a busy day already (mostly on the political and geopolitical fronts, but economic data,...
A.M. Update
S&P futures are up +0.15% as President Trump is set to unveil reciprocal tariffs at 1:00 PM. Yields are down...
Daily Wrap – Hot CPI Sparks 10bp Jump In 10-Yr.
The Consumer Price Index (CPI) didn’t go the markets’ way this morning, coming in hotter than expected, accelerating MoM, and...
Afternoon Update
It’s been an interesting day with inflation coming in hotter than expected, the Republican House of Representatives budget and tax...