Category: Intraday Market Update

1:59 p.m. ET The FOMC minutes are coming up shortly. The S&P 500 is down 0.75% (Dow -0.85%, NASDAQ-100 -1.3%,...

11:19 a.m. ET Retail sales for January topped expectations while import/export prices continued to depict elevated inflation pressures, but the...

President Biden is speaking on Russia/Ukraine. It seems the uncertainty of his address this may be the reason the market...

1:49 p.m. ET So far it’s pretty smooth sailing for the market’s relief rally amid de-escalation on the geopolitical front...

11:28 a.m. ET I’m no geopolitical expert and one never knows how these things turn, but it certainly seems like...

With contradicting and unsourced geo-political headlines flying around, media outlets continuing to pick apart every little bit of news from...

1:13 p.m. ET It’s pretty interesting how mega-caps are providing key support to the market in unfavorable conditions for them...

10:51 a.m. ET The two fears the market is dealing with today are the Fed and geo-political concerns. Futures were...

2:49 p.m. ET The market just can’t catch a break the last 2 days. SP-500 1.9%, Dow -1.3%, NASDAQ-100 -2.9%,...

1:25 p.m. ET SP-500 -0.55%, Dow -0.2%, NASDAQ-100 -1.2%, Small Caps +o.3% Just a few quick observations… First a few...

12:16 p.m. ET Yields have hit new session highs, I suspect as the Bullard saga deepens with an unusual unscheduled,...

11:24 a.m. ET It seems yesterday’s extremely hawkish comments by St. Louis Fed President Bullard are receiving some public and...

Heading into the close the bond market is a lot uglier than equities with the 2-year yield jumping nearly 25...

1:23 p.m. ET I’ve been a little impressed with how the market has dealt with the ramifications of the CPI...

10:38 a.m. ET The stock market was off to a tough start following the January CPI report, which has fueled...

I’ve got all my intraday data reloaded and have taken a look at the charts.  The S&P followed in Dow’s...

2:31 p.m. ET The market needed a break from inflation concerns ahead of tomorrow’s CPI to get some upside traction...

11:22 a.m. ET One of the helpful developments seen in last night’s Daily Wrap was Treasury futures’ 3C charts suggesting...

The day still has a consolidative tone, but the averages are currently near or at session highs. As first pointed...