Afternoon Update
Things are going into overdrive on social media between Elon Musk and president Trump. I won’t get into the details...
SPX $6k -And Mega Caps Fade.
1:24 PM ET The market has overcome some disappointing economic data to head to SPX $6k. Most notably, the productivity...
Afternoon Update
The S&P 500 continues to sport a modest gain, having seen its attempt to reclaim the 6,000 level run into...
ADP Jobs Report Spooks The Bond Market, Stocks Stall
1:20 PM ET There’s a lot to take in today, mostly in conflicting economic data in the form of ISM...
Afternoon Update
In my view, there’s not too much to get worked up about today, whether you’re a bull, bear or in-between....
Intraday Update – Rates Off The Lows, Steel Tariffs & “The Range”
2:29 PM ET In April and the first half of May, yields and stocks had a positive correlation reflecting economic...
Market Update – SPX $6k? URA Breakout?
12:47 PM ET Yesterday’s yellow flags backed off with the Dollar holding support a $98.77, Gold pulling back from $3400,...
Intraday Update
3:09 PM ET The last post didn’t go out when it was meant to at the time stamp of 2:19,...
U.S. – Iran Nuclear Deal Proposal
2:19 PM ET “TheĀ nuclear deal proposalĀ the U.S. gaveĀ Iran on Saturday would allow limited low-level uranium enrichment on Iranian soil for...
The Trend is As Expected. Red Flag Territory Was Approached
1:21 PM ET The week is starting as expected, resuming the mixed tone and lateral price trend. Our market messengers...
Afternoon Update
Earlier, the S&P 500 had slipped to 5,843 on reports the U.S. might impose more technology-related sanctions on China, but...
URA Update
3:20 PM ET I wanted to quickly touch on URA since it just started a bullish consolidation that is beginning...
MArket Update – Tariffs Are Coming Back As a Market Driving Factor
1:22 PM ET ***I put together this post and just as I’m finishing, news drops and moves things around. With...
Afternoon Update
It was reported a short time ago that the U.S. Appeals Court granted the White House’s request to temporarily reinstate...
Market Update – Fast Reversal of Fortune
12:40 PM ET I’ve been doing a little reading to familiarize myself with the Trump administration’s options in the wake...
Intraday Update
3:25 PM ET It has been a pretty slow day until 2:45 PM or so, with a quick drop in...
Market Update – Caution
12:04 PM ET It would not have been a shock to see the market tread water in a narrow range...
Afternoon Update
The very strongĀ opening short squeeze may not be over, but it has stalled for the day. SPX & MSI...
Reprieve
1:23 PM ET The market’s red flags were piling up last week, whether the Dollar Index under $100 , the...
Market Update – More Failed Moves
12:55 PM ET Yesterday’s late day sell program out of nowhere seems to make a little more sense given this...