Category: Intraday Market Update

4:34 p.m. ET They just cam out at 4:20 so it’s still very early in the process. They pretty much...

I’m going to get this post out a little earlier than normal. The market isn’t giving away anything on Nvidia’s...

2:23 p.m. ET As the market was selling  off Friday and at session lows, 3C went positively divergent (in the...

1:08 p.m. ET The Dollar Index is up +0.55%, that typically puts some pressure on commodities, and precious metals, especially...

1103 a.m. ET Stocks sold of just before the cash open, then into the cash open. The culprit… Ukraine firing previously banned...

The stock market has largely shaken off geopolitical tensions and gone back to plan – consolidate (bearish bias) ahead of...

12:31 p.m. ET Futures were impacted overnight as you already know, but in the cash session, 3C is confirming the...

11:01 a.m. ET I was worried about this in the near-term, as I posted yesterday on Twitter/X. https://x.com/WOWSTrade/status/1858562079830982679 However, since...

Heading into the close, we’re getting some better fleshed out consolidations with Treasuries near session lows. I’d still favor giving...

2:36 p.m. ET As I wrote in last Wednesday’s Semiconductors (SOX) Testing 200-day in talking about my 3 favorite places...

1:30 p.m. ET Other than 1-day oversold internals on Friday and the modestly more positive shift in short-term 3C charts...

1137 p.m. ET I updated URA in which it tested resistance — an important next step resistance level, but not...

Gold’s $2600 was and still is a key level of potential support. Price is trading above $2600 ($2618) and early...

1025 a.m. ET It’s way too early in the session to draw anything definitive from so little price action, but...

1135 a.m. ET The New York Fed Empire State Manufacturing Survey for November checked in at 31.2 , blowing away...

The averages are trading near session lows. SPX -0.6%, Dow -0.5%, Transports -0.6%, NDX- 0.7%, Small Caps -1.3% While not...

11:37 a.m. ET The October Producer Price Index reflected rising inflation at the wholesale level. That will stir concerns about...

Price candles showing a loss of momentum for the near week-long knee jerk reaction to the election have shown fading...

1:41 p.m. ET This morning’s CPI report was pretty much on the screws of expectations, except airfares and rental inflation...