Early Update
10:40 a.m. ET The Averages trade lower after Advance Q2 GDP confirms a recession with a contraction of 0.9%, the...
Afternoon Update
In a nutshell, Powell basically said now that the Fed front-loaded rate hikes and got to neutral, they’;re going to...
Powell – Likely Appropriate To Slow Increases At Some Point – DOVISH!!!
2:51 p.m. ET Here we go, Powell is surprising to the dovish side. The U.S. Dollar Index is now down...
FOMC 75 bp Hike As Expected
2:21 p.m. ET The Fed hiked by 75 bp and said that ongoing increases will be appropriate. The decision was...
Intraday Update -Pre FOMC
1:18 p.m. ET With less than an hour to go before the FOMC, most of the averages are holding up...
Early Update – Big Tech Stick Saves The Market
11:20 a.m. ET SP-500 +1.35%, Dow +0.4% (Transports -0.1%), NASDAQ-100 +2.65%, Small Caps +0.95% The major averages are back above...
Afternoon Update
While not having a stellar day by any means, the major averages, most notably Dow Transports and the S&P-500, tested...
Market Update
1:21 p.m. ET SP-500 -1%, Dow -0.35% (Transports -1.65%), NASDAQ-100 -1.75%, Small Caps -0.5% The NASDAQ-100, Dow and S&P made...
Early Update
10:35 a.m. ET SP-500 -0.75%, Dow -0.3% (Transports -1.5%), NASDAQ-100 -1.5%, Small Caps -0.8% The mega-caps (-1.55%) are a source...
Afternoon Update
Since the last update the market did trade down to session lows, that was only down -0.5% for the S&P,...
Market Update
2:45 p.m. ET I’m checking in, but it’s pretty amazing how little has changed since the Early Update. SP-500 -0.1%,...
Early Update – Containing Enthusiasm
10:58 a.m. ET The stock market opened on a soft note with the S&P 500 flirting around the flat line...
Afternoon Update
So far (before the close) here’s how the averages fared on the week: On the week SP-500 +2.25%, Dow +1.7%...
Market Update – Earnings Related Weakness
1:12 p.m. ET Sorry this post took so long to get out, but there’s quite lot to take in today...
Afternoon Update
While we have a mixed market today, with growth style factors in favor over Value, all of the major averages...
Market Update
2:02 p.m. ET After testing the $3600 area in mid-June, the S&P is nearing a test of $4,000 with an...
Early Update
11:02 a.m. ET The ECB’s policy decision has been the focus of the market. Initially the 50 bp hike (rather...
Afternoon Update
3:56 p.m. ET So far the pull back from session highs covered in the last post has gone pretty well....
Intraday Update
1:22 p.m. ET This could be an interesting area for the NASDAQ-100 and broader market. SP-500 +0.15%, Dow -0.3% (Transports...
Early Update – Mega-Caps Leading Breakouts in the Averages
11:11 a.m. ET The market reached a few different metrics of short term overbought yesterday and as touched on in...
