Category: Intraday Market Update

Mega caps are struggling today, with relative weakness driven largely by Nvidia and Tesla. Nvidia shows a small intraday bear...

Losses across mega-cap tech names pressure the major averages, amid a more defensive tone as Window Dressing influence subsides near...

Today’s trade is that of another sleepy holiday-week session with notable, though typical, thin year-end liquidity. The thin liquidity exacerbates...

12:03 p.m. ET Trade is subdued. No surprises there. There are a few subtle developments taking shape or continuing that...

Still not crazy about Small Caps’ intraday price action, Russell 2000 (15m) VVIX has decent relative strength as yesterday was...

The session is similar to yesterday in that it has been fairly uneventful. Metals are soaring again, too. Platinum futures...

12:14 p.m. ET There’s quite a bit of economic data today, but the first estimate of Q3 GDP is the...

3:49 p.m. ET It has been a dull-ish cash session, beyond the change in character from mega-cap leadership pre-market, to...

12:48 p.m. ET Toward the end of last week I expected a rotation to procyclical sectors/value/Small Caps. Pre-market mega cap...

I’m going to keep this short for once. It’s been pretty dull since the last update – typical of option...

1:15 p.m. ET The top-weighted Tech sector leads gains for a second day (consistent with yesterday’s 3C) after a brutal...

So far we have a normal bounce in the short-term downtrend that’s coming down from the top of the right...

3:15 p.m. ET Wow. I’m really not impressed by 3C charts on today’s bounce at all. Let’s start with the...

There have been a lot of moving parts in morning trade and still developing in the early afternoon. They’re important...

This trade idea has taken way longer than expected, but I’ve stuck with it and just added to it. From...

The market hasn’t made much progress since the last update. The reason appears to be, Tucker Carlson said that a...

2:59 p.m. ET There are several 3C signals, fairly sharp intraday, suggesting the day’s tech sell-off is losing momentum and...

1:05 p.m. ET The Technology sector is in the doghouse again. As mentioned in the A.M. Update, news that private...

We’re getting closer to the Nasdaq-100 consolidation (bearishly biased) expected to come next as per Monday’s Afternoon Update. Procyclical and...

1:42 p.m. ET I’m not going to spend too much time on Payrolls as the data is incomplete, stale, and...