Afternoon Update
Those consolidation patterns remain in effect. They’re mostly bull flags, but NASDAQ is a bullish Ascending Triangle and Small Caps...
Intraday Update – Intraday Consolidation Patterns Taking Shape
2:12 p.m. ET In this morning’s premarket A.M. Update, I posted two S&P futures 3C charts. The first was a...
Early Update – Losing Some Upside Momentum
11:24 a.m. ET The market has kicked off the new week with nice follow-through on the upside, but as mentioned...
Afternoon Update – S&P $4600?
This is going to be an abbreviated post due to time restraints before the close, but also because the hard...
Intraday Update -Session Highs
3:15 p.m. ET Averages and sectors with leading status, such as Transports, Small Caps and Semiconductors, continue to outperform today....
Early Update – The Correction’s End May Be In Sight
11:02 a.m. ET We’re off to a great start and what may be the end of the 3 week correction....
Market Update – SPX $4k
3:06 p.m. ET Thus far the day has gone as I suspected in the last update with the S&P trading...
Early Update
12:00 p.m. ET This early update isn’t as early as I’d like, but there’s been a lot to cover this...
More on the ECB Rate Hike
ECB hiked its deposit rate by 75 bp from 0% to 0.75 bp, the first time European rates are positive...
Afternoon Update Strong Afternoon Session
3:31 p.m. ET The stock market trades with a positive disposition today as the NASDAQ Composite looks to break a...
S&P @ Key Resistance Zone
12:28 p.m. ET The averages have added a little more on the upside since the Early Update and the S&P...
Early Update
11:10 a.m. ET There’s a little different early tone than what we saw yesterday, and that’s stocks gaining, albeit modestly,...
Afternoon Update
The market isn’t much changed since the last update. It has narrowed modest losses as the S&P tested and held...
Market Update
1:35 p.m. ET The stock market is having a volatile start to the holiday-shortened week, which I suspected would be...
Early Update – A Rollercoaster Start
11:16 a.m. ET I’m reminded of the phrase, “second verse, same as the first” in terms of this morning’s early...
Afternoon Update
The stock market opened to modest gains following an August employment report that was strong but not as strong as...
Update on the Last Post – I Found the Leak (Pardon the Pun)
1:18 p.m. ET I saw this news, but I didn’t look closely at it as I didn’t think it was...
Dollar Surges, Stocks Drop
12:55 p.m. ET I’m not sure what the catalyst for the Dollar surge is, although former Fed chair and now...
Early Update -Back In the Flags
11:13 a.m. ET The latest economic data since the open is more weak data. Specifically, Factory Orders fell the ,ost...
Afternoon Update
3:41 p.m. ET Something interesting is happening since that last post with SPY’s 3C chart starting to lead higher, the...