Intraday Update
2:36 p.m. ET SP-500 -1.15%, Dow -0.8% (Transports -1.45%), NASDAQ-100 -1.6%, Small Caps -1.35% A lot of people think of...
Early Update – Yields Weighing On Mega-Caps
10:33 a.m. ET The price action isn’t as bad as the early stats make it appear to be. Higher yields...
Afternoon Update
As always on Fridays, this will be my last post of the day, but I’m pretty sure I’ll have a...
Intraday Update – VIX Futures Under Pressure
3:02 p.m. ET Since I mentioned that the later in the day, the more possibility there is fr price to...
Market Update
2:06 p.m. ET After S&P futures made a brief attempt to take out $3900 on the upside, selling accelerated for...
Early Update -Second Largest Options Expiration in History
10:56 a.m. ET The averages opened to paring pre-market losses by half as the S&P found support at the 50-day...
Market Update- Interesting Scenario
2:43 p.m. ET I’ve already discussed the S&P’s $3900-$4100 range ahead of a huge options expiration tomorrow. You probably also...
Intraday Update – $3900
12:36 p.m. ET As pointed out in the Early Update, the S&P has a 200 point range with the top...
Early Update
10:29 a.m. ET SP-500 -2.1%, Dow -2% (Transports -2.3%), NASDAQ-100 -2.55%, Small Caps -1.65% Price action has less short term...
Afternoon Update
Taking all of the language out of the FOMC and just looking at various markets, these meeting seems to be...
Powell Presser Update
3:13 p.m. ET It seems like the market isn’t quite buying the hawkish SEP. The Dollar is reversing. The 2-year...
Hawkish FOMC
2:20 p.m. ET The Fed hike rates by 50bps, as expected, but the Dot-plot expectations for the terminal rate to...
Pre-FOMC Update
1:15 p.m. ET Not surprisingly, it’s been a daull, low conviction session thus far ahead of the 2 p.m. ET...
Early Update
10:27 a.m. ET SP-500 +0.55%, Dow +0.45% (Dow Transports +0.9%), NASDAQ-100 +0.65%, Small Caps +0.45% there are no major technical...
Afternoon Update
While stocks came down to fill the opening gaps after the CPI report, other assets more closely tied barely budged,...
Market Update
2:41 p.m. ET If you’re just catching this post, the CPI report basically shows that the post-COVID inflationary trend has...
Market Update – Half of Gaps Filled
1:18 p.m. ET The Dow and Small Caps filled the opening gap and then some. S&P and NASDAQ-100 have come...
Intraday Update
12:18 p.m. ET There’s a lot to take in with this morning’s CPI report. One of the interesting aspects is...
Early Update – Stocks Catching Up to Leading Signals
10:14 a.m. ET We’re finally seeing stocks catch up to a lot of the leading market signals that have been...
Afternoon Update – Stronger Tone Heading Into the Cash Close
In the last 30 minutes or so, price tone has been improving wit some speculating the CPI was leaked, but...