Category: Intraday Market Update

11:16 a.m. ET I’m reminded of the phrase, “second verse, same as the first” in terms of this morning’s early...

1:18 p.m. ET I saw this news, but I didn’t look closely at it as I didn’t think it was...

12:55 p.m. ET I’m not sure what the catalyst for the Dollar surge is, although former Fed chair and now...

11:13 a.m. ET The latest economic data since the open is more weak data. Specifically, Factory Orders fell the ,ost...

3:41 p.m. ET Something interesting is happening since that last post with SPY’s 3C chart starting to lead higher, the...

1:27 p.m. ET It’s been an ugly session again, but the S&P 500 tested the 3,900 level, where it found...

10:51 a.m. ET Pre-market economic data showed continuing jobless claims hitting a 5 month high, but Q2 productivity unit labor...

3:37 p.m. ET The averages have been trading in fairly narrow ranges most of the day. However they did just...

1:078 p.m. ET The stock market opened with decent gains. The NASDAQ leads its peers with a +0.8% gain while...

3:53 p.m. ET The averages have pretty much been in a zone of lateral chop since just after 11 a.m.,...

2:39 p.m. ET SP-500 -1.3%, Dow -1.1% (Transports -1.6%), NASDAQ-100 -1.5%, Small Caps -1.6%) As price is nearing a test...

11:16 a.m. ET The August Consumer Confidence reading was 103.2 (consensus 97.4) after the prior revised reading of 95.3 (from...

What financial media would call a low conviction, narrow range, I’ve been identifying since futures opened Sunday, as a small...

2:27 p.m. ET The averages were just near session highs in a low conviction day of price action thus far....

11:15 a.m. ET The market posted 1-day oversold internal conditions and oversold breadth on Friday, but due to weak closing...

1:26 p.m. ET As I’ll cover in the Afternoon Update (I’m jotting some thoughts for it down now), my impression...

11:28 a.m. ET The stock market opened on a softer note ahead of Fed Chair Powell’s speech. The stock market...