Category: Intraday Market Update

10:52 a.m. ET Some of the CPI gains in futures (relief it wasn’t as bad as the whisper number) are...

CPI came in about as expected, but still at the fastest pace of inflation since 1982, and showed evidence of...

2:45 p.m. ET As mentioned in the last update, on a short term tactical basis I’m feeling more neutral on...

11:07 a.m. ET This looks like the profit taking expected with most averages filling their gaps and what could be...

2:47 p.m. ET The large-cap indices are cooling off from a two-day rally, while the small-cap Russell 2000 keeps moving...

10:34 a.m. ET Briefly, the averages are losing momentum as suspected in a mixed start. Futures initially surged on Pfizer...

As mentioned in the last update, the Dow filled the post-Thanksgiving Gap. The S&P came within a fraction of doing...

1:46 p.m. ET Well that didn’t take long. While the NASDAQ-100 and small Caps are the best performing today, yesterday...

10:40 a.m. ET Receding Omicron fears and a second shot of Chinese stimulus in the market’s arm are extending the...

Coming into this week I was looking for an oversold bounce in a fairly narrow window before the mid-December FOMC....

11:09 a.m. ET The market action so far this morning is very much along the lines of an oversold rebound...

2:02 p.m. ET SP-500 -1.5%, Dow -0.75% (Dow Transports -0.3%), NASDAQ-100 -2.6%, Small Caps -2.4% NASDAQ-100 is testing its 50-day...

10:50 a.m. ET Stocks slid into the cash open, initially higher with 10 sectors green, things have turned down, executing...

1:50 p.m. ET After the worst 2-day sell-off in more than a year, the S&P 500 is in a rebound...

11:05 a.m. ET A second case of Omicron was identified in Minnesota shortly after the open that sent stocks, bond...

I’m going to get this post out a little earlier than usual as the close is really what’s important. Small...

12:00 p.m. ET Powell and Yellen are back on Capitol Hill for a second day of CARES Act testimony, but...