The CBOE Volatility Index above the 16 level this morning and within just a few basis points of its recent intra-day highs. So, it is breaching that near-term pattern of intra-day peaks… 

With the AI theme under pressure, but the general market is holding up remarkably well, but not a great surprise given the fact this has been a broad-based recovery from the lows struck last October. 

Put aside the Fed, the upcoming 1st quarter earnings reporting season, and geopolitical factors…today we have a total solar eclipse on our hands and it will be interesting to see how the stock market reacts…. 

Another high-volume reversal for the major market indices, the second to occur in a little more than a week. This is certainly a concerning signal that… 

Some firms are issuing more cautious outlooks for the stock market. This may be a good thing for the market outlook short-term. 

The CBOE Volatility Index reflecting some shakeup of complacency in yesterday’s session, with the VIX (“Fear Index”) moving above the 15 level. 

AI stocks appear to be sputtering ahead of the 1st quarter earnings reporting season, which should come as no surprise given the big gains that this category has scored year to date. 

It was 26 years ago that I first appeared on Wall Street Week with Louis Rukeyser and I was billed the “No April Fool.” 

Rotation was on full display in yesterday’s session, a session that saw the Dow and S&P 500 rally into uncharted territory… 

The stock market has been consolidating over the last three trading sessions, essentially since its initial, positive knee-jerk reaction to the Fed’s announcement last week that it may cut rates up to three times this year.