Category: Intraday Market Update

1:45 p.m. ET Strikingly, the 2-year yield, which is more sensitive to changes in the fed funds rate, has been...

12:12 p.m. ET A few things have happened since the Early Update and it looks as if the averages have...

11:20 a.m. ET The averages are having a worse cash morning than pre-market with the additional news since the A.M....

3:07 p.m. ET SP-500 +1.8%, Dow +2.05% (Transports +2.1%), NASDAQ-100 +1.45%, Small Caps +1.4% As of the last update I...

1:06 p.m. ET All of the major averages have made new session highs since the Early Update and noon. Additionally,...

10:56 a.m. ET S&P and Dow lead. NASDAQ sees to be feeling some pressure from higher yields, while small caps...

2:2 p.m. ET HYG was signalling a change in character because shortly after its divergence the averages bounced off session...

1:32 p.m. ET I’m seeing a change in character in several key mega-cap stocks (Alphabet) and HY credit (HYG). HYG...

The averages had a clean break from the bearish price consolidations and promptly tested last week’s low. S&P is just...

11:15 a.m. ET Despite a strong start with index futures trading up over 1% this morning they did not break...

10:50 a.m. ET The averages have been steadily losing ground since the cash open. There are a number of decent...

Today has been a pretty resilient session given the downwards trend and gloomy macro environment. The S&P has been oscillating...

1:57 p.m. ET Intraday volatility, especially among S&P sectors, is still very high and things change fast, but we do...

11:01 a.m. ET The averages dropped at the open, but tech-heavy NASDAQ-100 and Small Caps are displaying much better early...

Heading into the close, there are some signs that selling pressure is lessening and there may even be some buyers...

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)....

12:31 p.m. ET On a day that the market is already concerned with the inflationary effects on corporate profit margins...

10:50 a.m. ET S&P looks like it will test $4k. Small Caps are holding up best, while Dow Transports are...

It looks like Powell’s WSJ interview wasn’t much of a concern to markets. They did dip as he spoke, but all have...