A.M. Update
S&P futures are up +0.85%, helped initially following impressive Q4 revenues from Foxconn and plans announced Friday by Microsoft to...
End of Week Update
Today was the last day of the seasonal Santa rally, which ended up as a flop. The SPX ended the...
Afternoon Update
Also in response to Mike Johnson’s win, Treasury yields have been moving higher. The 2 and 10-yr yields went from...
3C Update
318 p.m. ET No meaningful change on the 3C charts yet, but it may take a bit more time. SPY...
Johnson Wins Speakership – SPX Crosses Above 50-Day
Moments ago, Mike Johnson (R) wrangled a couple of votes to be re-elected as speaker of the House of Representatives...
Intraday Update – D.C. Vote
203 p.m. ET The market may have gone about as far as it’s going to go for the moment. Representative...
Market Waiting On House Speaker Vote
It is the last session in the Santa Claus Rally period (last five trading sessions of the year and first...
A.M. Update
S&P futures are up +0.25%. The positive bias in early trading is supported by action in Treasuries. The 10-yr yield...
Daily Wrap
I was looking forward to today as Window Dressing is no longer a factor so perhaps we’d start to see...
Afternoon Update
It looks like the levels I laid out in the Intraday Update for the SPX and NDX at the close,...
Intraday Update
207 p.m. ET The stock market has exhibited choppy action at the index level, and more subtle flips back and...
Early Update
11;50 a.m. ET After 4 days of the SPX declining to end 2024, Chinese stocks kicked off the new year...
A.M. Update
S&P futures are kicking off the New Year on an upbeat note, up more than +1% earlier, they’re up +0.8%...
Afternoon Update
I’m going to keep this short as my view has been, and remains, that aspects such as window dressing into...
Intraday Update
315 p.m. ET Prices among several of the majors are near or at interesting levels that could provide some potential...
Early Update
This morning has been dynamic thus far, although not with the huge moves. I’ve had to revise this post 3...
A.M. Update
S&P futures are up +0.25% for the last trading day of 2024. All Mag-7 stocks are green in pre-market trade....
Daily Wrap
It was another ugly day for the averages, following through on a small bear flag from Friday’s intraday session and...
Afternoon Update
It’s not looking great into the close, heading into the final trading day of the year. SPX (2m) is looking...
Fighting for the 50
222 p.m. ET Several averages were already pretty close to the measured move from Friday’s 1st leg down this morning....