Market Update – Strong Than Expected With higher Yields
11:56 a.m. ET Tuesday has started as another slow and dull session. Higher yields aren’t weighing on growth (+0.1%) or...
Market Update
1:50 p.m. ET Market tone is still very dull and uninspired to start the week. There may be some newly...
Early Update – Slow Start
10:58 a.m. ET The week is off to a slow and uninspired start, from stocks to bonds. SP-500 +0.25%, Dow...
Afternoon Update
The averages are heading into the final stretch holding about +2.25% gains on the week generally speaking. As touched on...
Back in the Green
2:00 p.m. ET Despite the 2-year yield jumping a huge 12 basis points following the much better than expected Payrolls...
Early Update -SPX Test of 200-Day
11:46 a.m. ET I was partially correct yesterday in that Amazon (+12.5%), which was sharply discounted yesterday (-7.8%) ahead of...
Afternoon Update
4:04 p.m. ET ****Amazon just reported and price is rallying. The averages continue to struggle to find support intraday as...
Quick Follow-Up
2:04 p.m. ET This is a follow up to the last post, NASDAQ-100 TEST. Price is testing the flag’s lower...
Intraday Update – NASDAQ-100 TEST
1:21 p.m. ET Thus far the bleeding in Meta Platforms – formerly Facebook (FB -25.9%) – may have stopped as...
Early Update -Growth Stocks Weigh on the Broader Market
11:15 a.m. ET It’s not just Meta’s (formerly Facebook) -24% price drop, after shockingly weak earnings, that are pressuring markets,...
Market Update – S&P Session Highs
2:57 p.m. ET The S&P and Dow have pushed to new session highs as 10 of 11 sectors now trade...
Early Update
11:53 a.m. ET The morning has a more defensive tone as upside targets are tagged and technical resistance levels make...
Afternoon Update
Over the last 30 minutes or so, Communications, Tech and Consumer Discretionary have lifted higher and pushed the major averages...
Intraday Market Update
2:24 p.m. ET Since early market action, Treasury yields backed off their highs in the wake of economic data this...
Early Update – Averages Pause, Value Outperforms
11:03 a.m. Yields are higher after this morning’s economic data, which put a dent in risk sentiment as it came...
Intraday Market Update
2:16 p.m. ET Large-cap growth stocks are pacing the gains today as bond yields remain behaved. Small Caps are improving...
Early Update – Not a Bad Start
10:46 a.m. ET The averages have tacked on some gains since the cash open. Yields remaining relatively under control, and...
Afternoon Update
Monday we got seller’s exhaustion or capitulation and since then price has been in a correction (except small caps) with...
Market Update -Small Caps Testing Morning Lows Soon
2:30 p.m. ET Yields are down between 1 and 3 bp as the Fed’s preferred measure of inflation came in...
Early Update
11:11 a.m. ET The averages are off their worst levels of the morning. And they’re trading just under the bear...