FOMC Minutes
2:35 p.m. ET The general theme of the minutes, consistent with Fed policy, could be, “Many participants emphasized that the...
Intraday Update – Pre FOMC Minutes…
1:50 p.m. ET In the Early Update I characterized the morning trade as lacking conviction and despite most of the...
Early Update – Low Conviction, But Mega-Caps Providing Support
11:15 a.m. ET Equity futures fell from their highs following the September PPI report. The takeaway from the report is...
Afternoon Update
The major averages, that were starting to consolidate constructively near session highs, are now near session lows after comments from...
Market Update – Something Just Happened.
*This post was meant to cover intraday dynamics, but in the middle of writing it, there was a change that...
Intraday Update -Averages Near Best Levels of the Day
1:04 p.m. ET The averages sit near their best levels of the day. Helping the rebound effort is a -0.5%...
Early Update -Early Weakness & A Rebound
11:22 a.m. ET This morning’s market fulcrum or focal point is back to disorderly markets, specifically the British gilts we...
Intraday Update
Well I have to say that the last post, Clarity on Early Market Pressure, was timely for this post. There...
Clarity on Early Market Pressure
1:23 p.m. ET As noted in the Early Update, the S&P went form a gain prior to the cash open,...
Early Update
11:36 a.m. ET It’s another fast moving morning. I’ve had to update this post several times with the S&P initially...
Afternoon Update
It was a rough session for the stock market after this morning’s September Employment Report. A broad sell off was...
Market Update – Testing June Lows
3:39 p.m. ET As has been the case most of the week, the market is moving so fast that for...
Intraday Update
2:38 p.m. ET S&P and NASDAQ-100 have come within 0.2% of a test of their June lows, whereas Small Caps...
Test of Lows
1:27 p.m. ET In my last update just out I mentioned that a test of the June lows looks likely....
Market Update – Hot Payrolls Report
1:04 p.m. ET Unfortunately this is my first post of the day, I’ve been violently sick since last night. SP-500...
Afternoon Update
3:43 p.m. Et There’s not a low of change as the averages are in lateral consolidation ahead of tomorrow morning’s...
Market Update – Consolidations Taking Form
12:33 p.m. ET I’m not sure if anyone remembers the T.V. shows, “The A Team”. Their leader use to say...
Afternoon Update
Most of the major averages made up for early losses and sit modestly in the green, consistent with the consolidation...
Intraday Update S&P $3800
3:13 p.m. ET While this was already established yesterday as the S&P traded up toward $3800, falling shy by just...
Market Update – Consolidation Taking Shape
2:25 p.m. ET The major averages opened to losses and headed lower from there before reversing course and climbing towards...
