Intraday Update – Yields rising, but Mega-Caps OK
11:47 a.m. ET Stocks were set for and opened with a 1-day oversold (internals) dead cat bounce, but have had...
Early Update – Choppy Lateral Price Action
10:31 a.m. ET The major indices all opened higher but the early trading action is choppy, leaving the indices vacillating...
Afternoon Update
While the indices are off their lows, there still hasn’t been much of a rush to buy the weakness with...
Intraday Update
1 p.m. ET The major indices are holding above their session lows and Small Caps above the May low. The...
Early Update – May support Being Tested
10:18 a.m. ET There are some interesting developments at the open that come back around to Friday afternoons’ posts. SP-500...
Afternoon Update
Summarizing as we head into the close, the market in one form or another has shown nervousness all week coming...
Market Update – Impressive Move In Gold
1:05 p.m. ET The 2-year yield has almost priced in another 25 bp hike, up 20bp to 3.02%. At last...
Early Update
11:13 a.m. ET Things went from bad to worse since the A.M. Update with NYSE decliners 10-to-1 over advancers. A...
Afternoon Update
3:36 p.m. ET We’ve gone from early dull, low conviction trade, to ugly afternoon trade. Since the last update the...
Market Update
1:29 p.m. ET The day so far has been quite dull for me as far as signals and conviction go,...
Early Update – Dull Start, Mega-Caps Over Small Caps
10:52 a.m. ET There’s little substantial movement of importance since last night’s Daily Wrap post in the current cash session,...
Afternoon Update
Most of the averages aren’t down anything too horrible or doing damage to the consolidation patterns. SP-500 -0.8%, Dow -0.6%,...
Intraday Update – Market Not Happy With Higher Oil and SEC Change
1:26 p.m. ET SP-500 -0.9%, Dow -0.8% (Transports -3.5%), NASDAQ-100 0.65%, Small Caps -1.35% The averages sunk to session lows...
Early Update
11:08 a.m. ET Most of the averages have narrowed their pre-market losses as the 10-year yield went from +5bp to...
Afternoon Update
This will be quick because since the last update the only thing that has changed is the averages made new...
Intraday Update – Session Highs
2:38 p.m. ET SP-500 +0.7%, Dow +0.55% (Transports +0.1%), NASDAQ-100 +0.7%, Small Caps +1.1% Considering where we started this morning,...
Quick 3C Update
1:11 p.m. ET 3C charts of the averages (with the exception of 1 average in 1 timeframe – the DIA...
Early Update – Stocks Rebounding With Falling Yields
10:56 a.m. ET The averages are not only trimming their pre-market losses, but most have gone positive in the cash...
Rates Weighing on The Averages
3:18 p.m. ET Nothing much has changed since the last update. The averages are a bit lower, but remain near...
Market Update
1:53 p.m. ET SP-500 +0.6%, Dow +0.25% (Transports +1%), NASDAQ-100 +0.7%, Small Caps +0.7% The new week stated on a recuperative...