Early Update – NASDAQ and Small Caps Outperform
11:01 a.m. ET The averages dropped at the open, but tech-heavy NASDAQ-100 and Small Caps are displaying much better early...
A.M. Update Addendum
Sorry, I forgot to include Bitcoin futures in the A.M. Update since they have been a decent proxy for risk...
Afternoon Update
Heading into the close, there are some signs that selling pressure is lessening and there may even be some buyers...
S&P Fills Friday’s Gap
2:55 p.m. ET I’ve gotta say this is an ugly market considering the catalyst (Target’s horrible earnings after Walmart’s yesterday)....
Market Update – More Corporate Concerns
12:31 p.m. ET On a day that the market is already concerned with the inflationary effects on corporate profit margins...
Early Update – SPX $4k Test?
10:50 a.m. ET S&P looks like it will test $4k. Small Caps are holding up best, while Dow Transports are...
Afternoon Update
It looks like Powell’s WSJ interview wasn’t much of a concern to markets. They did dip as he spoke, but all have...
Intraday Update – Powell’s Interview Just Ended
2:54 p.m. ET Fed chair Powell just finished his interview with the WSJ. The averages pulled back off intraday highs...
Quick Intraday Update
12:59 p.m. ET Small Caps and Dow Transports are leading and performing the best, but gains are broad-based with 10...
Early Update
10:25 a.m. ET The averages are off to a decent start, breaking out of yesterday’s bullish consolidations. SP-500 +1.3%, Dow...
Market Update
2:38 p.m. ET As the day goes on, tone is getting better. Most of the averages are still trading in...
Bullish Consolidations
12:35 p.m. ET Since Friday’s strong day capping off a very weak week for stocks, the averages have been consolidating....
Early Update – S&P Consolidation Around $4k
11:07 a.m. ET Shockingly weak economic data out of China has the market on edge over growth concerns. JPM has...
Afternoon Update
The old adages of, “Sell the second Fed rate hike” and “sell in May and go away” have proven to...
Intraday Update -Short Sellers Taking Their Shot
2:12 p.m. ET The final hours of trade are going to be interesting. As mentioned this morning, the trend has...
Market Update – maybe time for some consolidation
12:53 p.m. ET The averages are putting in a strong performance, especially the tech heavy NASDAQ led by mega-caps and...
Early Update – Strong Start
10:34 a.m. ET The stock market is bouncing from a deep and long oversold condition to start the session....
Coming Off the Lows
It’s rather amazing to see the 2-year yield down 10 bp (Bullard less hawkish comments) and the 10-year down around...
Intraday Update – Very Volatile, Unstable Trade
2:02 p.m. I’m surprised how volatile today’s session has been and I’m not just talking about intraday swings in the...
Short Covering
11:18 a.m. ET SP-500 +0.3%, Dow -0.25% (Transports 0%), NASDAQ-100 +0.8%, Small Caps +1.6% In the Early Update I mentioned,...