Category: Intraday Market Update

If there has one obvious risk to equities above all others (and there are more than a few), it has...

The last couple of hours have been very quiet with little movement in equities, with the exception of volatility pressured...

Yesterday was the Mag-7 anticipation rally. Today is the “show me the results” moment in terms of China deals. It...

I’m not sure what the catalyst is, but Chinese internet and internet-related technology companies listed outside mainland China, represented by...

On the whole, the day has a dullish tone with narrow leadership from Semis and Mega Caps, with some technical...

The averages are of session lows. Some more than others and some looking better than others. NDX (10M) Small Caps...

The weakness in high-yield credit Monday afternoon made me suspect the major averages would have closed lower had the market...

Most averages are up by an anemic +0.15% to +0.25%, and Transports -0.8%. Volatility (+7%) displays relative strength as VIX...

The storyline is familiar. Equity investors cling to a seemingly endless spring of hope for a peace settlement in the...

Beyond Tech/Semis’s strong rally, Volatility’s relative strength is notable, as is the third ABI signal in 4 days and the...

  I’m not going to get into the full list of “Baffle-em with bullsh*t” sins contained in the Employment Report,...

There are reports of explosions in Bandar Abbas, Qeshm, and Sirik on Iran’s southern coast; Iranian drones flying over Tehran,...

Participation is horrible today. Outside of the three mega cap-heavy sectors, everything else is down, and even the mega cap...

On the topic of Axios’ Barak Ravid and his uncanny habit of dropping market-boosting, positive war-related headlines right before the...

ABI looks like it’s going to post a closing sub-14 signal, currently at 12.35 as we near the close. An...

U.S. Official Statements on the Ceasefire: Trump administration officials reiterated that the U.S.-Iran ceasefire is still holding. When asked at...

The market had been trading with decent participation this morning, but low conviction and small price-percent changes among the averages...

The major averages are mixed into the close. Price action in mega cap-heavy, cap-weighted S&P and Nasdaq-100 looks good. SPX...

There’s some crazy things happening this morning.  WTI Crude plunged from $104 to $100 is 75 minutes. Yields of course,...

The S&P 500 (+1.0%), Nasdaq (+1%), and DJIA (+1.6%) continued to climb to new session highs this afternoon. Behind the...