Category Posts

There were many articles over the Super Bowl weekend saying that stocks just did something they haven't done since 1972 - they rose in 14...

This is the end of day market report for February 8th, 2024. Today was the lowest volatility day of 2024. The lowest vol since Christmas....

This is the morning report for February 8th, 2024: While the U.S. "market" is attempting to hit a new all time high powered by the...

This is the end of day market report for February 7th, 2024: Robo market continued higher today as the magical 5,000 level on the S&P 500...

Some bizarro headlines last night and this morning... NYCB Bank jumps in the pre-market after naming a new chairman. FR: There has been a...

Overall it was a boring day on the major indices. Judging from the overall action, you would have no way of knowing that NYCB was down...

So far the market is flat this morning. The Dow is outperforming the Nasdaq for a change. Breadth is strong on both exchanges. On the...

Today the S&P Momentum Index (ETF) reached 2020 pandemic overbought at 20% above the 200 day moving average: https://www.invesco.com/us/f...

Wowza. As I wrote earlier today, the manic Tech melt-up went into overdrive, despite collapsed rate cut expectations. It appears that...

What follows is a summary of this week's events. The much anticipated FOMC meeting came and went and the Fed was every bit as hawkish as...

80 S&P points down yesterday and 60 points up today. One could argue volatility has returned to the market. Today, shorts were covering...

Overnight futures are bouncing back from yesterday's drubbing. At this point, the futures market is no longer a reliable indicator of...