Daily Wrap
Stocks had a mixed showing in another lightly traded session. Early on in the session relative strength from the mega...
Afternoon Update
There’s not too much to add at this point. Nvidia’s earnings are a key focal point tomorrow, then Powell Friday....
Market Update
12:52 p.m. ET Like yesterday morning, this morning’s session has been quite fluid, but unlike yesterday morning, I’ve rewritten this...
A.M. Update
S&P futures are up +0.45% and NASDAQ-100 futures are up +0.7% as Tech stocks lead the market again this morning....
Daily Wrap
Somewhat strangely, the mega-caps provided substantial support to the NASDAQ-100 and S&P-500 despite not just higher yields, but new 10-year...
Afternoon Update
As you can see by the averages below, mega-caps have been providing leadership. You may recall last week I explained...
Broad Market Update
1:39 p.m. ET There are a few changes taking place that may be helpful. First, I got some data on...
Early Update – Mixed Market, Mega-Caps Lead, But higher Yields Trim Gains
11:00 a.m. ET ***As is once in a while the case, I started writing this post and the market looked...
A.M. Update
S&P futures are up +0.3%, off earlier highs of +0.5% last time I looked at 8 a.m. ET. Although all...
Afternoon Update
All of the major averages are closing lower for the week, and all 11 S&P sectors as well. On the...
Market Update
2:08 p.m. ET Most of the averages are little changed. NASDAQ-100 is a slight laggard and Small Caps are the...
Early Update – Improving Tone With Lower Yields
11:28 a.m. ET Things are changing (for the better) as I have been writing this post so I have to...
Interesting Things Happening
10:18 a.m. ET I’m working on the Early Update, but some very interesting things are happening. Yields are coming back...
A.M. Update
Index futures continue their tumble on the final day of the week and options expiration, setting this week up to...
Subscriber’s Daily Wrap
The Daily Wrap is posted every Monday through Thursday for subscribers. Since there’s so much of interest going on, I READ MORE
Daily Wrap
In last night’s Daily Wrap I wrote, “All of the major averages ended the day at session lows, which is...
Afternoon Update
I love that the S&P-500 hit the downside measured move, and the NASDAQ-100 tagged it perfectly, literally the low of...
NASDAQ-100 Just Hit Its Target
3:28 p.m. ETNASDAQ-100 (5m) here’s the measured move target from the last bear flag, posted yesterday and NASDAQ just hit...
Now We’re Moving
3:12 p.m. ET Yep, today is a lot like yesterday – slow at first, and picking up in the afternoon....
Intraday Update
2:04 p.m. ET Today feels a lot like yesterday in that most of the day had a negative bias, but...