Category: Intraday Market Update

The NAHB Housing Market Index contracted to 34 in April (consensus 38) from a prior reading of 38. A senior...

Optimism remains high that the U.S. and Iran could soon agree on a more lasting ceasefire, with President Trump telling...

A decline in oil near $93 supports a risk-on tone as the general perception is that the war is all,...

Surprising day in many ways, mostly the outperformers within the tech and financial sectors. CTAs and other systematics are still...

The day has been fluid, starting with index futures lower, but a steady stream of optimistic Middle East headlines has...

The major averages are trading mostly flat, with the large-cap indices tangled around their 100-day simple moving averages. Weakness is...

Geopolitical headlines are “quieter” ahead of weekend discussions between the U.S. and Iran, but still having an effect. Iran warned...

After yesterday’s big jump in Semis and Hanging Man candle on Wednesday’s daily chart, I was interested to see what...

Just minutes ago just after 2 p.m. ET Israel’s Prime Minister Netanyahu: There is no ceasefire in Lebanon. Israel’s Prime...

On personal note; today is a great example of why I really don’t like this kind of market where a...

Tape Bombs are still flying, just as bad, if not worse, than yesterday. According to Bloomberg, Iran has launched at least...

The ceasefire is already showing serious strain. Iran’s 10-point plan ,which President Trump described as workable, included as its third...

In trying to get a lay of the land this morning, the ceasefire is under severe strain, with mutual accusations of...

This weekend I had a feeling this week was going to be wild. Today’s headlines are all over the map....

It’s “Bridge Day”, the geopolitical equivalent of leg day. And just like leg day, nobody’s looking forward to it. Oil...

As noted yesterday, WTI’s bullish Ascending Triangle was going to come to an apex too soon and the consolidation was...

There’s always a lot said in a Trump presser, but the most relevant to the market: Trump threatens Iran: “The...

During President Trump’s ongoing press conference, one statement got a reaction. TRUMP: IRAN MIGHT BE TAKEN OUT TOMORROW NIGHT Also,...

Sunday night I dreaded the start of this week, knowing it was going to be exceptionally dynamic and fast-moving on...

MOO (Daily) Price action looks good with a bull flag. There’s not a definitive breakout, but 3C looks solid, too....