COMMENTARY

Indexes trim weekly losses as materials and healthcare provide selective leadership after a pressure-filled week. The major averages closed higher on Friday, August 21, recovering a portion of the week’s damage. SPY finished at 765.72, up 0.41 percent. QQQ closed at...

SPY and QQQ ease lower while IWM underperforms on the session. Equities finished lower Thursday as Treasury yields continued climbing, weighing on risk assets despite the Treasury’s ongoing debt operations. SPY closed near 762.60–763.20, down roughly 0.8% from...

SPY grinds higher while biotech catalyst and FOMC minutes set the tone; QQQ lags, IWM holds firm. The session closed with a measured advance in the broad market after the prior day’s tech pressure. SPY finished near 769.10, up roughly 0.22 percent on the day,...

Indexes closed lower with Nasdaq leading the decline as semiconductors sold off hard and Treasury yields pushed higher amid oil strength and lingering geopolitical tension. SPY finished the session near 767.5, down roughly 0.7% from Monday’s close. QQQ absorbed the...

Indexes closed modestly lower with light relative volume as hardware names continued to distinguish themselves from the broader tape. The major averages finished the Monday session under mild pressure. SPY closed at 772.67, down 0.47 percent. QQQ ended at 729.87, off...

Small Caps Hold the High Ground Energy and communications carve new highs as the broader tape digests soft retail data and an oil spike. The major indexes paused just off record territory on Friday. SPY slipped 0.2% to close at 776.34 after the prior session’s...

Soft PPI and memory-stock strength push the tape to new highs as rate-hike odds ease. The S&P 500 closed at a new all-time high Thursday after cooler-than-expected July producer price data and a firm bid in AI-related memory names. SPY finished the session higher...

Indexes advance modestly as leadership concentrates in technology and semiconductors while defensive areas lag. The major averages closed higher Wednesday after the July CPI print came in as expected, with core measures easing slightly. SPY finished around 772.5, up...

Indexes ease modestly from recent highs while energy catches a clear bid on Hormuz uncertainty. SPY closed essentially flat at 773.03 after Friday’s record territory, down a negligible fraction. QQQ slipped to the low 720s, roughly –0.3%, as selective pressure...

Equities pushed higher Friday after a weaker-than-expected employment report cooled rate concerns, with growth and small-caps leading while the S&P 500 notched a fresh high. SPY advanced 0.6 percent and closed at a new all-time high, confirming the broader uptrend...