Quick Market and TLT Update
12:21 p.m. ET First, the S&P is testing below $3800 similar to last Thursday, but not yet at last Thursday’s...
Intraday Update – Tone Shifts Negative, S&P to Test $3800 Again
11:45 a.m. ET Tone shifted quickly from a more positive start, to ugly. From mega-caps providing modest leadership to the...
Early Update
10:25 a.m. ET Market tone is off to a slightly better start this morning, whether it be Tesla (TSLA +3.1%)...
Afternoon Update
The day is mixed for the averages and S&P sectors, but with a more bearish leaning tone, although still quite...
Intraday Update
2:01 p.m. ET The market is trading in mixed fashion on this holiday shortened week. Higher yields are weighing on...
Early Update – Volatile Start As Yields Rise
10:36 a.m. ET Index futures deteriorated ahead of the opening bell as TSY yields rose. Mega-caps are under pressure again...
Afternoon Update
This is going to be my last post of the day. I may have a video out this weekend, depending...
Intraday Update
1:46 p.m. ET Even on days the market has moved in percentage terms it’s been a very dull week from...
Early Update
10:58 a.m. ET The market opened to some weakness following the pre-market economic data. After most of the averages put...
Afternoon Update
The averages are down -1.1% to -2.5% presently. The S&P is down about -1.5%, but that’s off an intraday low...
Intraday Update – More Sectors Positively Diverging
2:36 p.m. ET Since the last update, talking about a positive shift in tone in Consumer Discretionary, I’m seeing many...
Intraday Update – Discretionary Sector
1:53 p.m. ET I’m not seeing notable 3C divergences in the broad averages, at least not the kind that suggest...
S&P Slips Under $3800
1:03 p.m. ET The S&P fell below $3800 and Tuesday’s intraday low ($3795.62). Volume increased on the break under $3800...
Early Update – Stronger Than Expected Final Q3 GDP Sparks Equity Weakness
11:10 a.m. ET The link between yields and equities remains unshakable, evidenced this morning with the catalyst of the final...
Intraday Update
2:54 p.m. ET Just a quick update… Yields came down a little bit since the last update after a strong...
Intraday Update
12:53 a.m. ET SP-500 +1.4%, Dow +1.5% (Transports +1.45%), NASDAQ-100 +1.5%, Small Caps +1.85% Less favorable conditions than this morning...
Early Update – Strong Start Leading to one of my Two Scenarios
10:41 a.m. ET It seems we are on our way to one of the two most probable scenarios I laid...
Afternoon Update
I’ve been watching the market closely all day and it’s been a tedious affair with very little of interest taking...
Intraday Update
1:27 p.m. ET The tone of trade today is painfully dull as fewer and fewer traders are showing up in...
Afternoon Update
There’s not a lot to add from the last post, except the S&P held right at $3800… (1m) …And with...