Afternoon Update -SPX Tags $4100
3:43 p.m. ET As usual on Fridays, this will be the final post of the week. I’m headed out of...
Intraday Update
1:15 p.m. ET The standing of the major indices remains much the same with the Dow Jones Industrial Average continuing...
Early Update- Upside Follow Through
11:03 a.m. ET We’re off to a decent follow through morning for the major averages with mega-caps continuing to see...
Afternoon Update
I’m pretty comfortable with the projection from the last update, that the S&P, which has met this week’s bullish consolidation’s...
Intraday Update – Consolidation Around $3900 Likely
1:20 p.m. ET It’s not just the CPI report that’s been dovish-leaning sending stocks and bonds higher, the Dollar and...
Early Update – Major Shift
10:58 a.m. ET It’s pretty clear that despite a few other key events like the U.S. midterm election, the CPI...
Afternoon Update
Heading into the cash close, the averages are near or at session lows. there has been quite a bit weighing...
Session Lows – Possible Consolidation Coming to Apex
2:18 p.m. ET SP-500 -1.5%, Dow -1.45% (Transports -1.8%), NASDAQ-100 -1.8%, Small Caps -2% The averages are trading at session...
Intraday Update
12:25 p.m. ET The S&P continues to linger around $3800. Since the last update TSY yields have pulled back slightly...
Early Update
10:37 a.m. ET Mid-term election results are perhaps not as overwhelmingly one-sided as the market hoped, but still suggest a...
Afternoon Update
The market action today looks pretty simple at the surface level. A crypto exchange (FTX) and its native token are...
Crypto Exchange Troubles hitting Stocks
1:44 p.m. ET I was going to mention this in the Daily Wrap as it didn’t seem relevant to the...
Market Update – Mega Caps Playing Catch-Up
12:28 p.m. ET With the Dollar and yields falling, the mega-caps and NASDAQ-100 are playing catch-up , presently the best...
Early Update – Dollar and Yields Fall
10:45 a.m. ET It’s an interesting morning thus far. While the averages opened higher, but mixed, they also lost some...
Afternoon Update
The market is climbing into the close, which is a bullish development considering NASDAQ-100’s hammer candlestick This move coincided with Apple (AAPL...
Intraday Update – Session Highs and S&P $3800
2:28 p.m. ET The averages’ 3C charts are coming alive after the lunch break… SPY (1m) 3C leading to the...
Intraday Update
12:57 p.m. ET Just a quick look at the market and market signals. The U.S. Dollar Index is diverging with...
Early Update
10:58 a.m. ET The major averages are seeing some modest price volatility with Treasury yields higher this morning, but the...
Afternoon Update
We are pretty much through the main events of recent – the Fed and peak earnings season. We do have...
Market Update
2:49 p.m. ET It’s been a pretty quiet session since the last update. It’s also a mixed session in which...