A.M. Update – CPI
S&P futures are just about flat, but off overnight lows. Total CPI was up 0.2% in October (consensus 0.2%) following...
Daily Wrap
While there could be some factors that I think are too early to call (such as recent weaker 3C charts),...
Afternoon Update
In yesterday’s Daily Wrap I pointed out the more focused view on Value stocks over Growth, but also mentioned that I...
Market Update – The Value Over Growth Dynamic is Correcting, While Yields Price Out Fed Rate Cuts Ahead of CPI
1:44 p.m. ET Tomorrow’s CPI seems to be driving the bond market/higher rates and creating headwinds for the stock market....
A.M. Update
Most index futures are a hair below unchanged. RUT is down -0.60%. Treasuries fell under selling pressure, sending yields higher and...
Daily Wrap – Be Sure To Read The Summary Section
***Quick note – I hope you can make it through the entire post as there are tidbits scattered throughout that...
Afternoon Update
Nasdaq-100 is looking likely to post a bearish Engulfing candle after Friday’s Star (loss of momentum) candle. NDX (current daily)...
Early Update – Dow & Small Caps Lea With Value Stocks, S&P and NDX lag With Growth Stocks, Tech and Semis
1250 p.m. ET Tonight I’ll break down different presidencies going back to Clinton and including Trump’s 2016 win; what the...
Index Futures Off Earlier Highs as Treasury Futures Gain
9:38 p.m. ET At my first look of S&P futures this morning, they were up +0.45%. By the Early Update...
A.M. Update
S&P 500 futures are up 0.3%; Small Caps outperform (+1%). The Treasury market is closed for Veteran’s Day. Equity market...
Afternoon Update
Most of the averages came off session highs. All of the Mag-7 stocks with the exception of Tesla (TSLA +8.2%)...
Part of Kennedy’s Platform in a Trump Administration?
Here’s the video cued up, of Robert F. Kennedy talking about legalizing marijuana and psychedelics with some form of supervision,...
Early Update – Pot and Psychedelic Stocks?
1226 p.m. ET The stock and bond markets trade mixed. The averages are mostly higher with some hints of the...
A.M. Update
Index futures are lower from -0.05% to -0.3% as the Trump euphoria seems to fade and after China said it...
Daily Wrap – Hawkish Rate Cut
The election is such a key event and should drive rotation among the big boys, but most of the moves...
Couple of 3C Charts
As I wrote yesterday (post election), “Two primary themes likely are long inflation & short duration.” “I’d think that we...
FOMC Decision & Presser
Today’s Federal Open Market Committee (FOMC) decision was not expected to be surprising — and it wasn’t. The FOMC voted...
Market Update – Follow-Through, Rotation & FOMO,
1:18 p.m. ET This may sound contradictory to some degree, but we have a mix of follow-through of yesterday’s gains,...
A.M. Update
Index futures are mixed this morning with S&P +0.25%, led by the Nasddaq-100 (+0.5%), while yesterday’s leaders are this morning’s...
Daily Wrap – Post Election
The most interesting aspect of the market’s reaction last night (election night) was shortly after the first polls closed on...