Category: Market Analysis

The Day Ahead 2016-02-09

Experiencing some weakness in futures this morning but do not think it persists for long into the NY day session.

The Day Ahead 2016-02-08

Since many Asian markets, primarily China, are closed due to the lunar new year, I think the markets stabilize this week. Europe is trying to pick up the slack by selling off this morning but do not think the selling persists all week.

The Day Ahead 2016-02-05

Overall prefer the US equity markets to begin to push lower but have to be open to that not kicking till next week.

The Day Ahead 2016-02-04

The equity markets were weaker out of the gate yesterday than I expected but got back on track as crude pushed higher. Think that the S&P 500 holds into tomorrow.

The Day Ahead 2015-02-03

Expect the US equity indices to recover most of the drop from yesterday over the next day or two.

The Day Ahead 2016-02-02

The corrective structure up in equity indices may be complete at the highs from yesterday. Expecting the overnight weakness to run into the day session but for price to stabilize and attempt a modest bounce before the end of the day. Overall difficult for the US equity markets to move much ahead of the rest […]

The Day Ahead 2016-01-29

The plan for today is much the same as yesterday, aim for the gap left from January 14th as the first overhead target.

The Day Ahead 2016-01-28

Yesterday was a wild day with more movement pre FOMC than normal. Still think the market wants to test higher before any more meaningful pullback.

The Day Ahead 2016-01-27

The equity markets cooperated yesterday by being bid but my concern about inability to push to new highs was validated. After the close yesterday, both Apple earnings and the API crude inventories put pressure on futures overnight. Still think the theme is modestly higher in S&P 500 but probably need to wait for the FOMC […]

The Day Ahead 2016-01-25

Today is low on scheduled news. The main event this week is the FOMC meeting on Wednesday. I expect the market to hold up fairly well into Wednesday.