Early Update
11:28 a.m. ET I think I have another decent set of charts to go over. Recall that while yesterday’s dominant/price...
Afternoon Update
The afternoon has been pretty quiet as the expected consolidation phase has begun. Here what we can surmise so far…...
Intraday Update
1:54 p.m. ET It’s another good day for the bulls. The major indices are all up between 2.3% and 3.1%,...
Early Update – good follow through action
11:38 a.m. ET Buying is broad at the open and we have breakouts in the major averages above the ranges...
Afternoon Update
3:52 p.m. ET Not much has changed since the last post. The day looks strong, but there are a few...
Intraday Update
2:57 p.m. ET *This is a fast moving market so rather than upload, delete and re-upload the most current charts,...
Early Update -Strong Start; Dollar and Yields Helpful; But Resistance Still In Effect
12:03 p.m. ET There are quite a few interesting developments this morning, and it’s been a fast moving market with...
Market Update – Window Dressing Dynamics?
2:33 p.m. ET The averages have come off session highs and trade around their flatlines, but I actually like what...
Early Update – Surprisingly Solid Start
11:30 a.m. ET I’m still a little surprised how there’s really been no reaction to the hotter PCE data above...
Afternoon Update
The S&P is set to close down, which would be down 7 of the last 8 days. The market has...
Market Update
2:36 p.m. ET The market’s early downside momentum from the overnight session has lost some of the early intensity as...
Early Update
11:52 a.m. ET U.S. markets followed in Europe’s footsteps with focus right back on the U.K. The STOXX 600 Europe...
Afternoon Update
The market continues to push higher into the close with Small Caps +3.25% leading the way, and breaking out above...
Bond Yields Drop More, Some Averages Take on Resistance
2:18 p.m. ET SP-500 +1.5%, dow +1.5% (Transports +2.45%), NASDAQ-100 +1.4%, Small Caps +2.9% This afternoon’s 7-year Treasury auction was...
Early Update – Much Better Market Tone
11:52 a.m. ET Over the past several days I’ve mentioned several times (mostly regarding the strong dollar) that these wild...
The British Pound’s Infleunce
3:14 p.m. ET SP-500 -0.15%, Dow -0.35% (Transports +1.25%), NASDAQ-100 +0.2%, Small Caps +0.4% I wouldn’t usually be talking about...
Treasuries May Be Finding a Low
2:25 p.m. ET The catalyst behind today’s trade is the same as yesterday, a surge in UK yields (GLTs) driving...
Early Update – Yields Still Making For a Fast, Volatile Market
12:25 p.m. ET Index futures gave back some gains ahead of the open and more in the cash market in...
Market Update
3:05 p.m. ET The stock market saw decent gains shortly after the open with the NASDAQ up more than 1.0%...
Early Update – The Overnight Session’s Volatility is Still With Us
11:48 a.m. ET While the cash session started off with a more calm demeanor than th overnight session, it’s clear...