Trading Block

Trading notes: Despite an attack by the US on Iran, futures were able to absorb the headline risk and recover off their overnight lows, of about -1%, to where it is now trading at breakeven. So far, the market is relieved that the strikes were limited to just the nuclear facilities, but where major headline risk

Trading notes: Heavy rotation into small caps this morning, as futures were able to rally hard off of yesterday's close during holiday trading (futures only), where SPX futs were down roughly 1%. Strong dip buying in the pre-market, and could be a very light volume day that paves the way to gamma squeeze the market

Trading notes: Stocks are showing a small amount of trepidation about the idea of the US joining in on the Israel/Iran conflict, and that was seen yesterday with the afternoon sell-off. Equities are showing a minor rebound in the overnight futures and the safe haven, relatively speaking, has been the mega caps, which in turn

Trading notes: Futures are looking to gap below yesterday's opening price, which puts a retest of Friday's lows into focus for today. As has been seen often lately, dip buying attempts should be expected, and while their vigor and enthusiasm seems to be waning over the last two sessions, I still expect multiple attempts to

Trading notes: Futures are bouncing and oil is falling after conflict between Israel and Iran continued to escalate. Lack of US involvement, so far, along with Iranian oil exports not being targeted has helped the market bounce back this morning, with heavy rotations back into the mega caps to seize upon the one-day dip on

Trading notes: Headline risk hit the market last night with Israel launching strikes against Iran causing oil prices to spike, and equities to plummet. Even with headline risk draping itself all over the market, the bulls are still attempting to buy the dip, which at this point shouldn't be any surprise. From DeepSeek in January

Trading notes: PPI and Jobless claims are out lifting stocks off their overnight lows, but still looking at a negative open for all the indices. Small caps have been the leader this week, but also have failed to add meaningful gains during regular trading hours during those gains. Look for whether the selling picks up

Trading notes: Heading into the open, small caps are looking to dominate the stage again as traders continue to play catch up with the index that has been lagging the most since the April lows. The CPI number is getting a boost with very cool readings on inflation, allowing for a nice pop higher across

Trading notes: The indices continue to march higher, largely on the strength of the mega-cap/big-tech plays that continue to see retail and buybacks pile in. Small caps has caught a bid in the overnight futures, but has done little to build on those gains in the last four sessions during regular trading hours. For the buybacks,

Trading notes: With a new week ahead, SPX looks to make a run at its all-time highs. European markets continue to provide futures with an overnight lift off its lows. In view will be the 10 year yield and how much further it will be allowed to run (up 5 of the last 6 days)