Mind the gap
The major indices are all trading higher as of mid-day and the Nasdaq indices are inching closer to the February all-time highs.
Read MoreMarket Musings & Economic Commentary
Tony will use his 30+ years of market experience to guide you throughout the trading day.
Bulls rise to highest level in 12 weeks
Almost half of newsletter writers are now bullish, according to Investors Intelligence.
Read MoreAdmin note
Although Mike will be continuing to publish daily comments, I am taking the next few days off from writing to do some more longer-term research, work with the rest of…
Read MoreStocks pull back after three days of gains
The S&P 500 Index (SPX) drifted in and out of positive territory for much of the session today.
Read MoreTactical indicators update
Our tactical indicators continue to reverse from oversold conditions hit in March but are also not yet at overbought levels.
Read MoreS&P 500 trades up to the highest level in eleven weeks
Other than a small fade in the final minutes of trading, there really wasn’t anything to pick apart in today’s rally.
Read MoreThe best sign yet…
The best sign there could be some follow through to today’s upside in the economically sensitive Banks and Tanks (S&P Financials & Industrials) is that the rise in the 10-year…
Read MoreTODAY: Watch Tony on CNBC Fast Money 5pm
Tune in to watch Tony discuss todays market moves on CNBC Trading Nation 2pm EST and CNBC Fast Money 5pm EST.
Read MoreGood day for “economic” vs. “Covid-19” trade
Don’t watch the S&P 500 (SPX) for increased signs of economic recovery – watch the rotation in sectors and other asset classes – and over the past three sessions it…
Read MoreSome serious early buying pressure today
Reassuring comments from Chairman Powell and positive news on a potential vaccine has investors in an optimistic mood today.
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