Gold Update
2:59 p.m. ET Gold futures settled lower by -2.3%. In last night’s Daily Wrap, I wrote, “there is the chance...
NASDAQ Analysis
2:32 p.m. ET I’m still interested to see if the NASDAQ-100 will try to hold $20k by the close. It’s...
Apple Sinks on AI
3:21 p.m. ET Apple (AAPL -1.6%) dropped further into negative territory after introducing its AI feature, “Apple Intelligence” at its...
NEM (Newmont Corp) Follow Up – Nice Breakout
2:08 p.m. ET I featured NEM yesterday after it came up in The Technical Take Discord room. Newmont was...
URA (Uranium) Follow Up – Adding To Gains
2:49 p.m. ET I wasn’t sure we’d get here due to weak volume on the last advance, but URA (+3.5%)...
Gold’s New High Facing Headwinds From Higher Yields
2:27 p.m. ET It’s not just mega-caps, semis and NASDAQ-100 that are trying to make moves today and are being...
URA (Uranium) Breaking Out
11:34 a.m. ET There are a lot of breakouts, potential breakouts and potential failed breakouts all taking shape at the...
Semis Break Bear Flag
12:27 p.m. ET In last night’s post (summary section) I “advised”, ” I’d try to stay as calm and patient...
Bitcoin Fighting Resistance Again
3:05 p.m. ET BTC/USD is up +2.45%. There was a push on some volume to break through yesterday’s resistance around...
URA Consolidation
3:39 p.m. ET It’s not a perfectly parallelogram, but it’s close enough that I’d call this a bull flag. URA...
Quick Look At The Averages
2:12 p.m. ET I thought I’d give you the “feel” of the averages, some sectors as groups and my thoughts...
Something To Pay Attention To: The Equity/Rates Correlation
12:53 p.m. ET The S&P is trading pretty much as expected, in a modified Falling Three Methods type of price...
Afternoon Update – TROUBLE
3:41 p.m. ET I may have another update if necessary, but given all of the work I’ve done in the...
Getting Close To Failed Breakouts
3:01 p.m. ET Today’s been dull as a 1-day overbought condition (yesterday) within an uptrend would suggest, but as I...
Market Update – Transports and Small Caps
2:39 p.m. ET Today feels like what I expected from the start of the week, dull trade as trading desks...
Market Update – Sectors Update and Price/Volume Trends
All four averages are still in the green and Small Caps/Transports are leading as they have every day that the...
Gold Update
2:56 p.m. ET At the risk of receptiveness, I am pretty sure you know that while I had no issue...
Nat Gas, UNG, URA Update
2:58 p.m. ET Nat-gas futures’ 3C chart looks more interesting that I expected. To be honest, I don’t check in...
Small Caps and Regional Banks
11:18 a.m. ET I don’t usually argue with price action. After spending decades exploring and writing a number of indicators,...
Intraday Update – Apple Undergoing A Change In Price Character?
2:00 p.m. ET Most of the averages are very little changed, except Small Caps with massive outperformance, and they’re down...