Category: Intraday Market Update

1:39 p.m. ET Unlike weeks and months in the recent past, the market has exhibited resilience to selling efforts as...

Since the last post there hasn’t been much movement into the close. SP-500 (1m) Dow (1m) NASDAQ-100 (1m) IWM (1m)HYG...

3:10 p.m. ET Since the last post noting that the averages are trading around key resistance levels, while VXX’s 3C...

1:03 p.m. ET The averages are doing well, all green and the right averages are outperforming, such as Transports that...

10:29 a.m. ET The US economy slowed even more than expected, with Q1 GDP contracting -1.5%, up from the -1.4%...

I am going to keep his brief because there are only two notable developments from the last update. The first...

3:11 p.m. ET SP-500 +1.4%, Dow +1% (Transports +1.7%), NASDAQ-100 +2.15%, Small Caps +2.4% VIX has seen weakness since the...

2:30 p.m. ET The market is knee-jerking as it asses the FOMC Minutes from the May meeting. I have some...

1:32 p.m. ET The averages have backed down a bit from intraday highs as we near the FOMC minutes release...

11:23 a.m. ET The market has seen some notable improvement since the cash open. Recall yesterday there was a huge...

*Writing this post things have changed so fat, like Friday, you’ll see some changes in real time as I wrote...

1:45 p.m. ET Strikingly, the 2-year yield, which is more sensitive to changes in the fed funds rate, has been...

12:12 p.m. ET A few things have happened since the Early Update and it looks as if the averages have...

11:20 a.m. ET The averages are having a worse cash morning than pre-market with the additional news since the A.M....

3:07 p.m. ET SP-500 +1.8%, Dow +2.05% (Transports +2.1%), NASDAQ-100 +1.45%, Small Caps +1.4% As of the last update I...

1:06 p.m. ET All of the major averages have made new session highs since the Early Update and noon. Additionally,...

10:56 a.m. ET S&P and Dow lead. NASDAQ sees to be feeling some pressure from higher yields, while small caps...

2:2 p.m. ET HYG was signalling a change in character because shortly after its divergence the averages bounced off session...

1:32 p.m. ET I’m seeing a change in character in several key mega-cap stocks (Alphabet) and HY credit (HYG). HYG...