Category: Intraday Market Update

The major averages are set to close out the week a little mixed, but the bigger takeaway is, largely unchanged....

A much stronger than expected Payrolls report was not the ideal, “Goldilocks” scenario described in Thursday’s market wrap. With Payrolls...

Given the mega cap 3C positive divergences and the Fed’s Waller opening the door for mega caps to take over...

Equity futures pointed to a modestly lower opening in premarket this morning, until the 8:30 a.m. ET data dump and...

Both the 10-year yield and crude oil prices pulling back from their overnight highs helped alleviate some of the pressure...

Things are happening fast. While I was going through the last post, the US launched a second round of strikes...

President Trump posted on Truth Social, Iran’s military leadership said it will “inflict devastating and crippling blows” in response to...

Higher oil prices and Treasury yields continued to pressure equities this morning. A Bloomberg gauge of global sovereign yields rose...

Escalating U.S.-Iran hostilities and higher oil prices set the tone in thinner pre-holiday conditions. Weakness is broad as the latest...

The session has been all over the place. An early theme is a Mega Cap-driven rally with Semiconductor weakness (which...

First, Whatever degree of intraday relative strength in VVIX or even VIX, neither developed enough to be any kind of...

Earnings are in the driver’s seat today. Tomorrow could see focus shift back toward macro drivers as Fed Chair Kevin...

PCE was a little hotter than expected. Core-PCE (Fed’s preferred gauge), as expected: PCE 0.2% MoM, Exp. 0.1% / PCE...

Not much change from the last update. I think we’re headed in the right direction. The two key averages (due...

Treasury yields and oil prices continue to retreat. Quite honestly, the day is a bit more slow-going than I anticipated....

The major averages are little changed following Treasury Secretary Scott Bessent’s press conference outlining the administration’s new “Operation Economic Outcast”...

Trade talks between the U.S. and Canada broke down on Friday. The US implemented a new 50% tax on imports...

The SPX is trading very much like there’s a max-pain price pin near $7700. Yields are trading higher as if...

The averages are going into the close under pressure.  I think it’s well past reasonable time (after today’s trade) to...

Stocks are under pressure as oil jumps, Bessent’s QE-lite (or whatever you want to call it) gets tested hard 24...