Session Highs
1:06 p.m. ET All of the major averages have made new session highs since the Early Update and noon. Additionally,...
Early Update
10:56 a.m. ET S&P and Dow lead. NASDAQ sees to be feeling some pressure from higher yields, while small caps...
Market Update
2:2 p.m. ET HYG was signalling a change in character because shortly after its divergence the averages bounced off session...
Intraday Update – Change in Character
1:32 p.m. ET I’m seeing a change in character in several key mega-cap stocks (Alphabet) and HY credit (HYG). HYG...
Testing
The averages had a clean break from the bearish price consolidations and promptly tested last week’s low. S&P is just...
Here Comes the Test
11:15 a.m. ET Despite a strong start with index futures trading up over 1% this morning they did not break...
Early Update
10:50 a.m. ET The averages have been steadily losing ground since the cash open. There are a number of decent...
Afternoon Update
Today has been a pretty resilient session given the downwards trend and gloomy macro environment. The S&P has been oscillating...
Intraday Update -Small Caps Looking Stronger
1:57 p.m. ET Intraday volatility, especially among S&P sectors, is still very high and things change fast, but we do...
Early Update – NASDAQ and Small Caps Outperform
11:01 a.m. ET The averages dropped at the open, but tech-heavy NASDAQ-100 and Small Caps are displaying much better early...
A.M. Update Addendum
Sorry, I forgot to include Bitcoin futures in the A.M. Update since they have been a decent proxy for risk...
Afternoon Update
Heading into the close, there are some signs that selling pressure is lessening and there may even be some buyers...
S&P Fills Friday’s Gap
2:55 p.m. ET I’ve gotta say this is an ugly market considering the catalyst (Target’s horrible earnings after Walmart’s yesterday)....
Market Update – More Corporate Concerns
12:31 p.m. ET On a day that the market is already concerned with the inflationary effects on corporate profit margins...
Early Update – SPX $4k Test?
10:50 a.m. ET S&P looks like it will test $4k. Small Caps are holding up best, while Dow Transports are...
Afternoon Update
It looks like Powell’s WSJ interview wasn’t much of a concern to markets. They did dip as he spoke, but all have...
Intraday Update – Powell’s Interview Just Ended
2:54 p.m. ET Fed chair Powell just finished his interview with the WSJ. The averages pulled back off intraday highs...
Quick Intraday Update
12:59 p.m. ET Small Caps and Dow Transports are leading and performing the best, but gains are broad-based with 10...
Early Update
10:25 a.m. ET The averages are off to a decent start, breaking out of yesterday’s bullish consolidations. SP-500 +1.3%, Dow...
Market Update
2:38 p.m. ET As the day goes on, tone is getting better. Most of the averages are still trading in...
