Category: Intraday Market Update

12:48 p.m. ET Around the last update, stocks fell, short term yields rose and the Dollar rose. This was due...

10:24 a.m. ET The averages are struggling around the small intraday bear flags from yesterday. Conditions are fair for equities,...

3:51 p.m. ET I’m seeing some short covering in the Most Shorted Index and that “should” be helpful to Small...

2:23 p.m. ET The averages are a bit lower since the last update. SP-500 -3.5%, Dow -2.5% (Transports -3.55%), NASDAQ-100...

10:30 a.m. ET The averages gave up all of yesterday’s afternoon gains and then some to push all of the...

3:15 p.m. ET The U.S. Dollar is down -0.5%, the 2-year yield is down almost 22 bp and 10-year yield...

2:34 p.m. ET The Fed raised rates by +75 bp to a target range of 1.5% to 1.75%. This is...

I’m not sure I agree with all of this, and as I’ve mentioned numerous times in the past, beware the...

10:27 a.m. ET Not a bad start for the averages at all.As seen hints of yesterday, the mega caps are...

1:39 p.m. ET The market is having to adjust to rapidly shifting rate-hike expectations. According to the CME’s FedWatch Tool,...

11:47 a.m. ET Stocks were set for and opened with a 1-day oversold (internals) dead cat bounce, but have had...

10:31 a.m. ET The major indices all opened higher but the early trading action is choppy, leaving the indices vacillating...

While the indices are off their lows, there still hasn’t been much of a rush to buy the weakness with...

1 p.m. ET The major indices are holding above their session lows and Small Caps above the May low. The...

10:18 a.m. ET There are some interesting developments at the open that come back around to Friday afternoons’ posts. SP-500...

1:05 p.m. ET The 2-year yield has almost priced in another 25 bp hike, up 20bp to 3.02%. At last...

11:13 a.m. ET Things went from bad to worse since the A.M. Update with NYSE decliners 10-to-1 over advancers. A...