NASDAQ-100 Tags Measured Move Target
12:10 p.m. ET And I mean to the Dollar! NASDAQ-100 (15m) and it’s measured move target based on it’s October...
Post FOMC Statement
2:28 p.m. ET The Fed hiked the Fed Funds Rate by 25 basis points to 4.50% to 4.75% as the...
Bond Market Update
2:18 p.m. ET I’ll be following this up with a market update shortly, but since the Fed is currently meeting...
Mega-Caps Officially in Leadership Role
12:35 p.m. ET The mega-cap index (MGK) is up +1.1%, even with yields higher by 3 to 4 basis points....
$3900 On Deck, Mega-Caps Starting To Lead
2:57 p.m. ET The tone of this week started getting better than the prior 2 weeks with regard to market...
Quick Update – Communications Sector Change in tone (positive)
11:55 a.m. ET Tesla has been almost a bellwether for the mega-caps in December – if you don’t know, t...
Copper : Gold Ratio
11:04 a.m. ET As I thumbed through futures for the Early Update I noticed Copper futures down -2.65%, while Gold...
Quick 3C Update
1:11 p.m. ET 3C charts of the averages (with the exception of 1 average in 1 timeframe – the DIA...
Dow – Quick Look
2:26 p.m. ET I wanted to give you a quick look at the Dow, which has had the strongest short...
Bullish Consolidations
12:35 p.m. ET Since Friday’s strong day capping off a very weak week for stocks, the averages have been consolidating....
SPY 3C Chart Update
Last week I mentioned a positive divergence on the short term 3C charts for SPY that suggested to me that...