Style Outperformer: Mid-Cap Value +1.8% Sector Outperformers: 1) Homebuilding +3.4% 2) Semis +2.8% 3) Construction +2.6% Stocks Rising on Unusual Volume: COUR, EVRI, AEYE, SERV, MMM, MHK, LBRDK, CHTR, ASTS, AVTR, INOD, NNE, NSC, RILY, CNC, MSTR, COLB, BMY, FBIN, VSAT, W, FTAI, DECK, GEV, CUZ, CASY, VLTO, SAM, CLSK, BANC, ALEX, WS, HIG, MARA, SSNC, SWK, NOV, PII, SAVA, SIGA, LII, RGEN, TOL, DOC, FIX, EXP, LW, BLD, ATR, BKR, MANH, TYL, NCNO, FSS, MOH, ALSN, CRS, CROX, MHO, CMCSA, EME, HHH, TXRH, BWIN, EW, VKTX, WT, BWIN, PODD, CL, CHDN, POOL, NVRI, MTH, LKQ, HIW and CINF Stocks With Unus ..read more

Earnings of Note  Company/Estimate  Before the Open: (AMG)/4.60 (IART)/.62 (MCD)/3.07 (ON)/.92 After the Close:  (CHK)/unch. (CR)/1.24 (EQR)/.96 (FFIV)/2.97 (FLS)/.63 (LSCC)/.24 (RMBS)/.44 (SANM)/1.28 (SBAC)/3.27 (SFM)/.78 Economic Releases 8:30 am EST The Dallas Fed Manufacturing Activity Index for July is estimated to rise to -14.2 versus -15.1 in June. Upcoming Splits None of note Other Potential Market Movers The Dallas Fed PCE for June could also impact global trading on Monday. US Equity Market Hours 9:30 am - 4:00 pm EST ..read more

NYSE Composite Index: Volume Running -2.3% Below 100-Day Average  Nasdaq/NYSE Volume Ratio 12.3 +1.5 1 Sector Declining, 10 Sectors Rising 70.2% of Issues Advancing, 26.7% Declining  TRIN/Arms 1.29 +20.6% Non-Block Money Flow +$292.3M 158 New 52-Week Highs, 10 New Lows 66.4% (+3.1%) of Issues Above 200-day Moving Average Average 14-Day RSI 59.0 +1.0 Other: Bloomberg Global Risk-On/Risk-Off Index 51.3 +.2% Bloomberg Cyclicals/Defensives Index 234.7 +.2% Russell 1000: Growth/Value 19,444.9 -.34% CNN Fear & Greed Index 45.0 (NEUTRAL) unch. 1-Day Vix 14.0 -25.7% Vix 17.0 -7.9% To ..read more

Evening Headlines Bloomberg: ‘Crazy’ Yen Rally Is at Risk of Shattering as Soon as Next Week. TSMC Joins Global Tech Rout as Trading Resumes After Typhoon. Singapore Home Prices Slow, Rents Fall in Cooling Market. Asian Stocks Edge Higher Alongside US Futures. Oil Heads for Third Weekly Loss as China Weakness Sets the Tone. Great Rotation Trade Turns Spotlight on Less Obvious AI Winners. Markets Tear Up Popular Trades That Reached ‘Stupid Levels’. Harvard's $465 Million in Tax Benefits Draw New Scrutiny. The US Economy Is Slowing, Which Is Just Fine With the Fed. Zerohedge:   Major ..read more

Broad Equity Market Tone: Advance/Decline Line: Substantially Higher Sector Performance: Almost Every Sector Declining Volume: Above Average Market Leading Stocks: Outperforming Equity Investor Angst: Volatility(VIX) 17.3 -4.2% DJIA Intraday % Swing 1.40 +81.8% Bloomberg Global Risk On/Risk Off Index 52.8 +.05% Euro/Yen Carry Return Index 183.6 +.12% Emerging Markets Currency Volatility(VXY) 7.8 +3.3% CBOE S&P 500 Implied Correlation Index 15.3 -3.6%  ISE Sentiment Index 130.0 -6.0 Total Put/Call .89 -11.9% NYSE Arms 1.41 +95.8% NYSE Non-Block Money Flow +$146.9M ..read more

Style Underperformer: Large-Cap Growth +.4% Sector Underperformers: 1) Medical Equipment -2.3% 2) Gold & Silver -1.7% 3) Computer Hardware -1.5% Stocks Falling on Unusual Volume:  DAVE, LW, NYCB, NEP, RCL, WDC, ALGN, ITGR, FPI, EWTX, INVH, FORM, WST, TLN, TER, LKQ, F, EW and MXL Stocks With Unusual Put Option Activity: 1) EWC 2) URA 3) ACI 4) NBR 5) LUMN Stocks With Most Negative News Mentions: 1) F 2) LKQ 3) TWOU 4) WST 5) QS Sector ETFs With Most Negative Money Flow: 1) XLF 2) XLC 3) XLE 4) XLY 5) IGV Charts: ETFs Falling on Unusual Volume Stocks Falling on Unusual V ..read more

Style Outperformer: Small-Cap Value +2.5% Sector Outperformers: 1) Airlines +4.4% 2) Computer Services +4.4% 3) Oil Service +3.7% Stocks Rising on Unusual Volume: VKTX, GSHD, BALY, ASTS, SERV, INDV, NOW, CRS, MOH, PEGA, HZO, LAZ, POOL, HP, OII, RTX, TYL, UHS, WH, CLB, KNX, HNI, TRU, MAS, EVH, COOP, RPM, CDMO, FCF, NDAQ, HOG, BC, JLL, NOC, LPLA, LUV, VC, JBHT, DOV, CFR, HRI, MC, NMRK, SSB, SNDR, IBM, IRDM, WAL, ORLY, SVV, TOWN, EVR, CCS, URI, FSS, MTG, AAL, TMO, FTI, IGMS, LADR, ASB, OTIS, GTY, HAS, CFB and PI Stocks With Unusual Call Option Activity: 1) EW 2) FI 3) NOW 4) SO 5) ASPN ..read more

Earnings of Note  Company/Estimate  Before the Open: (MMM)/1.68 (AB)/.67 (AON)/3.09 (B)/.40 (BAH)/1.52 (BMY)/1.62 (CRI)/.50 (CHTR)/7.98 (CL)/.87 (GNTX)/.51 (NWL)/.21 (SAIA)/4.01 (TROW)/2.27 After the Close:  None of note Economic Releases 8:30 am EST Personal Income for June is estimated to rise +.4% versus a +.5% gain in May. Personal Spending for June is estimated to rise +.3% versus a +.2% gain in May. The Core PCE Price Index MoM for June is estimated to rise +.2% versus a +.1% gain in May. 10:00 am EST Final Univ. of Mich. Consumer Sentiment readings. 11:00 am E ..read more

Around X: @JoshWalkos CrowdStrike Achieves IL5 Authorization to Secure US Department of Defense. Are you paying attention yet?  I cannot stress enough how important this is. Someone placed a $2.3 million dollar put bet on CRWD with a strike price of $370. TWO days before the outage. It expires on January 17, 2025. There is an extraordinarily low likelihood that this was just a random event in the context of the outage and subsequent price drop. Someone knew something was coming. (pic) @rawsalerts #BREAKING: Absolute chaos is unfolding as Pro-Palestine protesters have taken down ..read more

Broad Equity Market Tone: Advance/Decline Line: Substantially Lower Sector Performance: Almost Every Sector Declining Volume: Around Average Market Leading Stocks: Performing In Line Equity Investor Angst: Volatility(VIX) 17.5 +18.6% DJIA Intraday % Swing .77 +53.3% Bloomberg Global Risk On/Risk Off Index 53.6 -3.0% Euro/Yen Carry Return Index 183.5 -1.2% Emerging Markets Currency Volatility(VXY) 7.5 +1.9% CBOE S&P 500 Implied Correlation Index 15.4 +33.2%  ISE Sentiment Index 146.0 +12.0 Total Put/Call .95 unch. NYSE Arms .82 -31.7% NYSE Non-Block Money Flow -$3 ..read more