Category: Intraday Market Update

All eyes are on tomorrow’s 8:30 a.m. ET release of December 2025 CPI and Core CPI — one of the...

A trend I’ve noticed in the new year of 2026 is whatever Index futures indicate in pre-market, they’re going to...

I bought Crude (via USO) twice – October and December – as price action has been torn between the oil...

Pre-market index futures indications swung again at the cash open–extending last week’s trend– with S&P and Nasdaq catching a bid...

Slight shift in market dynamics. Most Cyclicals aren’t adding to gains this afternoon. Financials (-0.2%) are lower and Energy (+0.2%)...

The market’s bias is as indicated in pre-market, positive and fairly broad-based, with all style factors higher, but leaning more...

Not much has changed this afternoon as far as leadership goes, with the exception of the Energy sector (+3.4%) taking...

2:04 p.m. ET Several 3C charts are getting uglier intraday and they happen to be in the two averages that...

1:03 p.m. ET Once again, pre-market indications of Nasdaq (Growth-leaning) over DJIA and Small Caps (Value-leaning), are flipped on their...

The day has been fairly slow with the S&P spending a majority of the session in a 30 point range....

Once again, pre-market indications flipped at the cash open with the Dow and Small Caps declining and Nasdaq gaining as...

Today’s session opened with a noticeable defensive tilt, but leadership has since broadened into a rather eclectic mix. The Technology...

VXX’s positive 3C divergence has been in effect about the same amount of time as VVIX has displayed relative strength....

While today has a risk-on bias with Defensive sectors lagging, the focus shifted dramatically from pre-market’s AI optimism, to a...

1:47 p.m. ET The market got off to a strong Tech-led start and rapidly faded it. The evidence of Window...

Price declines may not be huge, but price action is solidly bearish. NDX’s (5M) price action this week is a...

12:50 p.m. ET Apologies for the missed A.M. Update. The website’s web hosting went ahead with an unannounced migration to...

To be clear, nothing about today’s lackluster trade is a surprise, as laid out clearly in yesterday’s Daily Wrap: “My...

3:08 p.m. ET The Minutes from the December 10th FOMC are out. Before we get to that, this NDX chart...

12:25 p.m. ET The broader market has an unsurprising flattish tilt, with 4 S&P 500 sectors trading higher and 7...