Early Update – I Think Trade Should Look Worse Than It Does
11:24 a.m. ET Yields are mixed, but the key benchmark 10-year yield that hit new cycle highs and the highest...
A.M. Update
S&P futures are up +0.3% this morning, drawing some support from positive earnings reports from Dow components Walmart (WMT) and...
Daily Wrap
Today started out on a downbeat note after more signs of economic weakness out of China. This time home prices...
Afternoon Update
This is going to be short because it’s just adding a few details to what I’ve laid out in the...
Post FOMC Update – Nothing-Burger
3:04 p.m. ET Without parsing the minutes sentence by sentence, we’ll go with Bloomberg’s take – the minutes were more...
SPX Target Met, NASDAQ-100 Almost There
1:29 p.m. ET Finally the S&P’s downside measured move has been met. That’s not saying a lot today though, in...
Early Update – Extremely Low Conviction Trade
11:30 a.m. ET Since the A.M. Update we’ve received Industrial Production. Downward revisions to prior months helped Industrial Production rebound...
A.M. Update
S&P futures are down -0.2%, so we’re already pretty close to the $4425 level. It feels like there’s a real...
Daily Wrap
I’ve got some good stuff for you tonight so make sure you read the Summary section toward the bottom of...
Afternoon Update – NDX Bear Flag Breaks
This post will serve as the Afternoon Update because the day has been little changed since the Early Update, except...
Intraday Update – NASDAQ-100 Bear Flag
1:50 p.m. ET Honestly, not much has changed since the last update. The averages and S&P sectors are seeing broad-based,...
Early Update
10:54 a.m. ET I love it when analysis comes together and this morning, it’s coming together in the S&P moving...
A.M. Update
S&P futures are down -0.7%. Concerns about the banking industry have weighed on investor sentiment after Fitch ratings analyst Chris...
Daily Wrap
The major averages had a mixed day. In pre-market the Mega-caps (excluding Tesla) were providing support and lifting index futures...
Afternoon Update
The major averages are quite mixed today, but with mostly modest moves except the NASDAQ-100 which is the best performing,...
Intraday Update
2:14 p.m. ET I’ve been watching price action, which has been pretty dull since shortly after the Early Update. In...
Early Update – Not Bad
11:15 a.m. ET Not a bad open considering higher yields. A lot of those technical levels we’ve been seeing are...
A.M. Update
S&P futures are down -0.15%. Mega-cap names outside of Tesla (TSLA -3.1%) were providing some earlier support in pre-market, but...
Video Update
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