Hawkish Fed Speak and S&P Testing 50-Day
2:35 p.m. ET The S&P gave up an early +1.2% gain to trade into the red. While there’s price resistance...
Market Loses Steam As Yields Rise Double Digits
12:07 p.m. ET It has been a fluid morning with a strong start in stocks faded as bond yields continue...
Market Update – Dow Looks Good
3:14 p.m. ET The Dow is looking very good, in fact right along the lines of the second leg of...
Early Update – Dow Outperforms, NASDAQ Underperforms as Netflix Weighs on Growth Stocks
11:34 a.m. ET There’s some bullish follow through in some of the averages from yesterday, but Netflix (NFLX -36%) is...
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...