Category: Intraday Market Update

244 p.m. ET As you know, markets hate uncertainty. The Broadening formation action in the SPX has been an indication...

It’s getting hard to keep up with the tariff news. As I was writing another post and capturing charts, news...

1239 p.m. ET News just came out just after noon time that President Trump is expected to levy tariffs on...

Things we’re pretty quiet until just a few minutes ago. News broke that President Trump is imposing 25% tariffs on...

324 p.m. ET One last look at Apple ahead of earnings after the close. AAPL (current daily) – the 50-day...

1 p.m. ET More rotation. Yesterday Value outperformed growth, but only because value was down less than growth. Today the...

3:54 p.m. ET There’s one more thing I need to add that is is SPY’s 3C chart has seen some...

I’ll have much more for you later. For now I want to get this post out ahead of the close....

The Fed left rates on hold as widely expected. They did, however, make a change to the policy statement about...

1:26 p.m. ET I think this may be a widening out of the bearish consolidation, but it’s definitely worth sending...

12:00 p.m. ET Early trade shows a little bit more of that daily rotation between Growth and Value style factors....

Today’s correction in the SPX — NDX could be called a correction, but still has a lot of room to...

12:56 p.m. ET Economic data… The Conference Board’s Consumer Confidence Index dropped to 104.1 in January (consensus 108.1) from an...

Everything related to AI, including the “Power Up” theme, was hit hard today following fears over DeepSeek’s R1 AI that...

2:57 p.m. ET We seem to be getting a little bit of market stabilization intraday, of course that’s relative to...

103 p.m. ET This was already going to be a big week with mega cap earnings, heavier economic data and...

1:02 p.. ET Treasury yields backed down in the wake of this morning’s economic data, which included a notable deceleration...

The market is little changed since the last update. The margins between value and growth or mega caps and the...

I’m getting this post out a little early in case there’s any action you might need to take, but I will follow...

1227 p.m. ET As yesterday’s market tone developed and some 3C charts dropped more sharply into the close, my highest...