Category: Intraday Market Update

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

Big day of developments. There were plenty of fascinating, and at times downright strange, developments overnight and this morning. Overnight...

Powell announced that he will continue to serve as a governor for a period of time after his term as...

FOMC held rates unchanged, but with a rare 4 dissents (1 dovish, 3 hawkish). The lone dovish dissenter (Miran) has...

Oil prices are moving higher, and Treasury yields along with them as as U.S. prepares for extended blockade of Iran....

WTI crude up +3.6%, but fighting against the invisible hand right at $100. There is a tight bullish symmetrical triangle...

The WSJ OpenAI feature couldn’t have come at a worse time for mega cap hyperscalers reporting earnings this week, and...

On the geopolitical front, Iran has reportedly sent a new proposal to the U.S. that would reopen the Strait of...

*As I was finishing up this post, some developments broke with respect to the conflict with Iran. It would take...

I haven’t forgotten about Uranium (URA +7.4%), one of our longer-term long positions. After several failed attempts to break above...

The stock market’s gains today follow on the heels of President Trump’s declaration that he is extending the ceasefire with...

US-Iran peace talks remain highly uncertain as the fragile two-week ceasefire expires tomorrow. The US has expressed confidence that a...

Not much has changed since the last update at the index level. Energy gave up its gains. WTI crude settled...

1:43 p.m. ET Directional wartime correlations are tightening up again, whether that be index futures vs. 3-month SOFR (2Y treasury...

Today’s market action felt less about fundamentals and more about headline-driven momentum. Other than President Trump’s own comments, nearly every...

I really dislike days like this; not the sharp moves in the market, but trying to separate the wheat from...

It’s hard to ignore that this morning’s set-up to pump the market came by way of Barak Ravid, of Axios, the...

There’s some more stuff happening on the charts. QQQ (1M) – This is where it started. The chart may look...

Mega-caps performance is mixed with notable early weakness is one of the standout features thus far. Oil trades noticeably higher...

The S&P 500 notches new all-time high as Oil prices remain stable. Lots of chatter that the U.S. and Iran...