Category Archives: Dashboard

MONDAY:   After 2 consecutive gains on Friday on bad news, looks like oil is back and taking markets lower, but not by too much to start the new month.

TUESDAY:   A gain yesterday, actually made it 3 in a row, was even more impressive given the market’s comeback and against another oil slide. This morning doesn’t look as if it will build on strength, though.

WEDNESDAY:  Another large loss, once again following oil lower has us prepared for another lackluster day today. If a bounce is in store, at least it won’t need to be a big one to bring the week to a break-even point

THURSDAY:  The market made a nice late day recovery yesterday following oil higher. So what else is new. Today the futures are suggesting that there may still be some legs to the gain.

FRIDAY:. The flat early futures trading may mean nothing as the Employment Situation Report is released an hour before the morning bell is set to ring. It’s anyone’s guess how the news will be greeted, but indications are the bad news will be seen as being good.







MONDAY:   Oil down 3% to start the morning and guess what? Stocks are down too, but not as much as they have been lately when oil has tanked

TUESDAY:   The 10 Year Treasury below 2% again. Who would have imagined that? At least oil is flat this morning as are the futures, after yesterday’s large loss in pursuit of lower oil

WEDNESDAY:  Yesterday’s great gains are more or less holding in the pre-open futures session, as we await an FOMC Statement release today, that some expect will open door for more interest rate increases this year. But where is the data?

THURSDAY:  Shanghai down another 3% overnight, making it 25% for 2016. Yesterday’s plunge here was nothing more than an erasure of the previous day. This morning ha a small bounce in the futures, but it is a big day for earnings, although as I’ve said on any number of previous quarters, the economy is much more than Facebook

FRIDAY:. Could it possibly be? The futures are pointing decently higher after yesterday’s recovery and higher close, just like the last 2 days of the previous week. We’ll see.







MONDAY:   Markets are closed in honor of Dr. Martin Luther King, Jr. Day

TUESDAY:   Oil is sharply higher this morning and guess what? The stock futures are following the same strong move higher in continuing the puzzling theme

WEDNESDAY:  Yesterday’s wasted session pointed to what we might expect this morning and that is exactly what is happening. After losing a 200 point gain yesterday as oil reversed course, the market is set to open down another 250 points or more this morning as oil is again very weak

THURSDAY:  Despite a nearly 300 point recovery yesterday, the market still lost 250 points, but at least buyers appeared. Despite some losses in this morning’s futures, it isn’t a session predominated by selling for a change.

FRIDAY:. Oil and Shanghai much higher this morning and so the S&P 500 is doing the same, as it is going through a period when it has no mind of its own







MONDAY:   Shanghai down another 5% and oil tanking even further. Welcome to the second week of 2016 as earnings season starts and skepticism over last week’s Employment Situation Report reigns

TUESDAY:   Yesterday started with promise, but didn’t deliver with much. Today, the start may be the same today, but as yesterday, the strength is dissipating as the opening bells comes closer.

WEDNESDAY:  Yesterday’s give back of the initial strong gain at the opening was discouraging, but the nice come back in the final 2 hours of trading was encouraging. This morning’s futures shows a possibility of some continuation of the closing gain. Last week, late session buying had no follow through, at all, so there’s hope for something different today.

THURSDAY:  Not quite a washout yesterday, but the market is again officially in correction territory, down about 7.5% in just 8 trading days in 2016. Futures aren’t looking to make any of that back this morning.

FRIDAY:. A brief moment of optimism yestedray, looks like it will be erased today, as the futures are again plunging, amid the realization that yesterday’s climb was no where close to being enough.







MONDAY:   China, Saudi Arabia and Iran. 2016 wasn’t supposed to get off to this kind of a start

TUESDAY:   Asian markets moderated overnight, but US markets look as if they want to give back a big part of yesterday’s late session comeback. Strap on as 2016 continues.

WEDNESDAY:  News that North Korea has an H Bomb, coupled with decreasing iPhone orders added to record cash inflows into mutual funds give the market plenty of reasons to worry. I think the last of those three may be the worst of all.

THURSDAY:  Strap on again. China plummets overnight and taking Europe and US futures along the ride

FRIDAY:. There may be some rebound today, if the futures are any tell, but even a big rebound wouldn’t be enough to offset the first 4 days of the New Year







MONDAY:   It’s the final week of 2015 and we’re basically unchanged for the year. This morning’s futures are doing nothing to help us end the year with a gain, even as last week at least tried

TUESDAY:   Markets are still within easy striking distance of going into positive territory for the year, although it’s still illusory once you remove the few big winners on the year. Still. anything today would help.

WEDNESDAY:  A great gain yesterday pushed the S&P 500 into positive territory on the year. With oil futures very weak this morning the market doesn’t seem to be following it down the chute to the same degree it would have during the rest of the year. Maybe that means more market gains to come, even as  S&P 500 futures are mildly lower.

THURSDAY: This is it.  The S&P 500 is up about 0.2% for the year and fittingly, the morning’s futures are flat.

FRIDAY:. 







MONDAY:   A strong open appears to be ahead after a brutal final 2 days to the previous week. Surprisingly, that strong open higher looks as if it may come even while oil heads sharply lower. Is that signaling a return to their normal relationship, finally?

TUESDAY:   Yesterday was a pleasant surprise as the market didn’t succeed in its attempts to squander its early gains. Today’s GDP may be a true test of what traders really are thinking, as the market inches toward the end of the year and is still 2% in the hole

WEDNESDAY:  The string of triple digit moves looks like it may have a chance of continuing as the early futures trading is heading in the right direction and trying to eke out a gain for the S&P 500 in 2015

THURSDAY: Another strong day yesterday and suddenly this week is the tonic to last week’s terrible ending. Trading comes to an end early today, as does the week and markets are  preparing for a quiet session

FRIDAY:. 







MONDAY:   Substantial gains in the early futures trading this morning completely evaporated an hour before the opening bell, as this week’s FOMC meeting is likely to be historic. Maybe the market’s reaction will be, as well.

TUESDAY:   After yesterday’s surprising session that went up and down, up and down and then finally ended with a 100+ point gain, this morning’s futures are actually gaining strength as the FOMC meeting starts today

WEDNESDAY:  It’s FOMC day and it brings the most widely anticipated rate release ever. The market looks as if it is preparing to rally for another day heading into that announcement, maybe pulling 2015 into positive territory with only days to go.

THURSDAY:  On the first morning of the post-interest rate hike era the futures market is pointing higher, continuing the rally that began late Monday afternoon in celebration of the FOMC finally coming to a decision

FRIDAY:. after a stunning loss yesterday, reversing much of the gain for the week, the futures are pointing downward again today and taking expiring positions out of contention for rollover or assignment







MONDAY:  After a nearly 400 point run on Friday to bring the week back to breakeven, this morning looks as if it may get the week off to a slow start

TUESDAY:   An unforeseen sharp drop yesterday, although recovering from its depths, appears to have some more to go, as far as this morning’s futures are indicating. I’m still a little reluctant to buy, however, despite the declines

WEDNESDAY:  Another large and unexpected loss, making it 2 consecutive days, with this morning’s futures pointing mildly lower, despite some big merger news, makes you wonder what it would now take to lift markets higher into the end of the year.

THURSDAY:  Three days of losses to start the week after last Friday’s big bang, may take a rest today, but there’s no compelling news to have the futures really set the tone for the rest of the day.

FRIDAY:. Looks like another rough day ahead. Glad to have made rollover trades yesterday, if that’s going to be the case







MONDAY:  After last week’s journey to nowhere, this week ends with an Employment Situation Report which could be a really meaningful one ahead of next week’s FOMC meeting. Until then it may be a week of watch and wait.

TUESDAY:   This morning’s futures appear ready to erase yesterday’s late session deterioration, but even with that fade, it was a pretty uneventful day, as most everyone would be justified in awaiting Friday’s big news and seeing whether it will be eventful, or not

WEDNESDAY:  The ADP Report is realized today and may offer a glimpse into Friday’s Employment Situation Report, as the market looks to add onto yesterday’s surprisingly strong gain in the context of 4 Federal reserve speeches today, including two by Janet Yellen

THURSDAY:  It’s looking like a strong day ahead after a terrible day in the markets yesterday and a horrible day in California.

FRIDAY:. A horrible turnaround yesterday and then comes today’s day of reckoning or continued befuddlement, as the Employment Situation Report is released before the opening bell.







MONDAY:  China doubles its margin requirements, a $150 Billion deal in the pharmaceutical sector and a trade shortened week, as the futures are somehow pointing to a flat open after last week’s big gains

TUESDAY:   Early morning futures are pointing moderately lower, but with the release of the GDP this morning, we’ll get a chance to see whether investor’s embrace of the FOMC’s hawkish tone will also embrace an expected rise in GDP and some upward revisions

WEDNESDAY:  There was a pretty decent comeback yesterday and futures are pointing moderately higher early in the session a overseas appeared calm, including on geo-political fronts, that could unsettle things as we are in midst-feast over the next few days

THURSDAY:  HAPPY THANKSGIVING TO ALL

FRIDAY:. As the week comes to its end, on a shorter trading day, the futures are as flat as the rest of the week has been. Unless today brings something really unexpected, the market has been unchanged through the week as everyone seems to have taken a break, maybe hoping to salvage some strength to close out 2015







MONDAY:  After last week’s terrible performance, it wouldn’t be too surprising to see some gains this week, but they need to be more than what the futures are pointing towards

TUESDAY:   Although losing a little steam as the morning progressed, the pre-opening futures looked as if they could add to yesterday’s 200+ point gain

WEDNESDAY:  Yesterday’s reversal, particularly after some good earnings news finally came our way, was unfortunate. This morning’s futures look like they don’t know what to do with themselves.

THURSDAY:  A very impressive test of DJIA 17600 yesterday after it offered resistance the day before, leads to this morning’s continued strength in the early futures trading, as maybe investors are finally ready to accept what the FOMC has to do.

FRIDAY:. The monthly cycle comes to an end today and the futures are giving some hope of being able to see some assignments or rollovers occur.







MONDAY:  National retailers begin to report earnings this week and the official Retail Sales report comes at the end of the week, so we could get some important data with regard to justifying an interest rate increase. After another strong week last week, the futures look like they are getting ready to begin the week on a more cautious note.

TUESDAY:   It’s difficult to explain the kind of loss seen yesterday other than to ascribe it as “selling on the presumed news” of an interest rate hike or realization that the free low interest rate ride was really finally coming to its end, soon to be replaced by another low interest rate ride.

WEDNESDAY:  Yesterday showed a nice early morning recovery from its losses and this morning the futures are indicating some follow through from its trending higher to close the day. With banks closed today, despite only mild changes in the early trading, there could be some exaggerated moves as the day goes on

THURSDAY:  Yesterday’s very disappointing report from Macy’s really cast a pall on retail’s outlook for the coming year and came as a real surprise to me, although the resultant weakness may now be reason to consider entry into a sector that is never going to go away, even as online may be garnering supremacy

FRIDAY:. Too much confusion and too many mixed messages sent markets to sharp declines yesterday as 2015 now has only about 7 weeks to end up in the black. This morning’s pre-opening futures don’t give an appearance of making too much of an effort to push things over the flat line, though







MONDAY:   It’s a quiet earnings week as we prepare for next week’s retail earnings, but the week does end with a potentially very significant Employment Situation Report

TUESDAY:   Yesterday was a surprise start to the week, which may be suggesting that the market is again ready to accept good news as being good news, as the FOMC’s Employment threshold of 150,000 new jobs seems easy to beat, thereby more likely leading to an interest rate increase

WEDNESDAY:  After 2 days of nice and unexpected gains, China joined the party overnight. This morning the futures are again starting off listless, just as they did the first 2 days, so it will be anyone’s guess, as the ADP Private Sector Employment data is released today and may set the stage for Friday’s Employment Situation Report

THURSDAY:  Yesterday was a little respite from the strong advances to start the week. Today looks as if it could be another quiet day, although the early morning trading meant nothing on Monday and Tuesday. Today, though, would be a perfect day to exercise some caution ahead of tomorrow’s employment Situation Report, with everyone focusing on that 150,000 number.

FRIDAY:. Two quick moves higher to start the week, then 2 quiet days and now today may be a day of reckoning as the market sits flat awaiting the Employment Situation Report to end the week







MONDAY:   Lots more earnings this week, but most attention will be focused on the wording of the FOMC Statement this week, in the assumption that no action is taken on interest rates

TUESDAY:   .A very quiet day yesterday and if this morning’s futures are going to be any indication, the same is in store for today, as the FOMC begins its meeting

WEDNESDAY:  Another quiet morning appears to be ahead, as this afternoon’s FOMC Statement release could be the market’s excuse for a release, as well.

THURSDAY: Yesterday’s surprising move higher on some hawkish tone from the FOMC is being given back in this morning’s pre-opening trading. This morning’s GDP may give some reason to suspect that December may now be the new target date for FOMC action

FRIDAY:. Another quiet day looks to be in the works to end the week, while we await retail earnings that are still another week away