So far Pretty Dovish – Averages Breaking Out
12:56 p.m. ET A few highlights that have stuck out to me from Powell, “Financial conditions have tightened.” “Financial conditions...
Powell On Cue – Here’s the Link
12:28 p.m. ET Powell is set to begin his “Conversation with David Rubinstein” before the Economic Club of Washington D.C....
Early Update – In Consolidation Ahead of Powell
10:38 a.m. ET I don’t want to sound like a broken record, but the averages remain in consolidation (with a...
Afternoon Update
3:46 p.m. ET The major averages have been moving laterally in fairly narrow trading ranges for a good chunk of...
Intraday Update
1:33 p.m. ET SP-500 -0.65%, Dow -0.15% (Transports -1.15%) NASDAQ-100 -0.8%, Small Caps -1.5% There’s not much in the way...
Early Update – Bullish Consolidations & S&P Testing $4100
11:32 a.m. ET On Friday in the post, “Market Update – Bullish Consolidations So Far” I wrote, I think it would be...
Afternoon Update
The market is doing exactly as expected after tagging up side measured moves, which the Dow had already done before...
Market Update – Bullish Consolidations So Far
1:57 p.m. ET The stock market opened on a weaker note today, but the main indices have been able to...
Livestream Event – What’s Next For The Stock Market?
Join me Saturday, February 4th at 10:00 a.m. ET for my first YouTube Livestream– “What’s Next For The Stock Market?” I’ll...
Early Update – Initial Signs Are The Averages Are Starting Bullish Consolidations
11:26 a.m. ET After all of the major averages reached my upside measured move targets, culminating with NASDAQ-100 yesterday ,...
Afternoon Update
The market has slowed down the bullish role and NASDAQ-100 is lingering just below its measured move target after meeting,...
Market Update – NASDAQ Returning To Target Area
2:56 p.m. ET ***I started writing this post and the conditions I was writing about changed by the time I...
NASDAQ-100 Tags Measured Move Target
12:10 p.m. ET And I mean to the Dollar! NASDAQ-100 (15m) and it’s measured move target based on it’s October...
Early Update – Heading Toward Remaining Targets
11:11 a.m. ET The averages are mixed because of the Dow, but pretty impressive. NASDAQ-100 and Dow Transports are by...
Afternoon Update – Bullish and Dovish
I’m multitasking here and trying to get this post out quickly, so forgive me if it’s a bit brief or...
Post FOMC Statement
2:28 p.m. ET The Fed hiked the Fed Funds Rate by 25 basis points to 4.50% to 4.75% as the...
Pre-FOMC update – Still Treading Water
1:31 p.m. ET It’s a bit of a dull session as the market is essentially in wait-and-see mode ahead of...
Early Update – Market Treading Water Ahead of FOMC
11:07 a.m. ET Additional economic data since the open includes: The final IHS Markit Manufacturing PMI for January came in...
Intraday Market Update – HY Credit Looking Better
3:24 p.m. ET The averages trade near session highs with notably better tone than yesterday, but the averages still remain...
Bond Market Update
2:18 p.m. ET I’ll be following this up with a market update shortly, but since the Fed is currently meeting...