Afternoon Update
The market has been pretty quiet intraday since the last update looking for an intraday consolidation. Price has been doing...
Intraday Update – Intraday Consolidation
1:40 p.m. ET S&P, Dow and Small Caps have come within less than a quarter-percent of Thursday’s morning highs. The...
Early Update – Strong Start Despite Higher Yields
10:45 a.m. ET Despite higher yields and an early mixed open, we’ve got a good start for stocks. The SP-500...
Intraday Update – S&P Still Hovering Around $4400
2:50 p.m. ET Since the last update the S&P traded blow $4400 to session lows, but only down a half...
Early Update – S&P $4400
11:13 a.m. ET The averages are mixed with muted conviction. Thursday’s rise in yields did take a toll on equities....
Afternoon Update
Today is the last day of the week for U.S. markets, which will observe Good Friday tomorrow. Earnings season just...
Intraday Update
1:53 p.m. ET Yields are higher than the last update and that sent the averages to new session lows. Although...
Early Update
11:27 a.m. ET The Dow outperforms in a widely mixed open. The NASDAQ underperforms as yields jump after a raft...
Afternoon Update
Intraday price action has stayed solidly positive since the cash open. Russell 2000 futures (1m) Presently the averages are all...
Intraday Update
12:55 p.m. ET Price action is looking pretty constructive intraday. S&P has overtaken $4400 and its 50-day, the Dow is...
Early Update – Yields Continue to Come Down
10:53 a.m. ET The indices are posting modest gains with Transports, Small Caps and NASDAQ-100 outperforming the benchmark index. Treasury...
Afternoon Update
All of the averages dropped into the red since the last update. They’re now mixed and largely little changed, but...
Market Update
2:07 p.m. ET Wall Street is seeing some relief in equities and treasuries, helped in large part by the better-the-feared...
Early Update – CPI Stick-Save
11:10 a.m. ET As I’ve been covering for the better part of a week, soaring bond yields were causing selling...
Afternoon Update
Heading into the close, the S&P-500’s bull flag consolidation phase still looks alright, although it’s testing a key technical level...
S&P Testing 50-day
1:21 p.m. ET S&P-500 is down -1.15% in early afternoon action and testing its 50-day sma. The equal weight S&P...
Early Update – Longer Term Yields Still Weighing on Growth Stocks
11:17 a.m. ET Mega-cap stocks (MGK -2.35%) are holding back the major averages as higher yields continue to pressure the...
Intraday Market Update – Yields Are The Answer for Equities Near Term Probabilities For Next Week
3:08 p.m. ET The averages continue to trade mixed with low conviction. Higher yields (after a week of hawkish Fed...
Early Update – Higher Yields Pressuring Growth Stocks
11:17 a.m. ET The stock market is off to a mixed start, as the continued rise in interest rates weighs...
Afternoon Update
It has been a fairly dull and quiet day, but we’re seeing some stronger price action this afternoon with several...