Category: Intraday Market Update

11:15 a.m. ET The averages extended the sell-off fading the bullish or dovish FOMC knee jerk reaction, and extended losses...

The averages are off the lows with some key technical levels in the area like the NADSDAQ-100’s 50-day and Small...

2:30 p.m. ET There’s still a lot of weirdness in the market today with a rotation to value/cyclical stocks and...

11:50 a.m. ET Today there seems to be some semblance of normality trying to peek through the veil of ridiculousness...

As far as I can tell, just about everything out of the FOMC today was more hawkish than expected, and...

As expected the Fed left the Fed funds rate steady, but the doubled the pace of taper to $30 bln...

SP-500 -0.2%, Dow -0.15%, NASDAQ-100 -0.6%, Small Caps -0.6% The air of caution from this morning persists heading into the...

11:14 a.m. ET Buying conviction in equities has been restrained by a deceleration in retail sales data, and in Treasuries...

1:14 p.m. ET We’re now getting to more traditional short term oversold levels with decliners 2-to-1 over advancers and only...

11:27 a.m. ET The averages are struggling after another hotter than expected Producer Price Index report (PPI) just a day...

Today has been a defensive session sparked b comments by UK PM Johnson as well as the British government upping...

1:43 p.m. ET SP-500 -0.7%, Dow -0.85%, NASDAQ-100 -1.1%, Small Caps -1.9% The first market whammy was UK PM Johnson...

11:22 a.m. ET Stocks were set for a modestly higher stat to open the week, but index futures dropped into...

2:30 p.m. ET SP-500 +0.65%, Dow +0.4%, NASDAQ-100 +0.7%, Small Caps -0.4% Touching on this morning’s CPI, inflation came in...

10:52 a.m. ET Some of the CPI gains in futures (relief it wasn’t as bad as the whisper number) are...

CPI came in about as expected, but still at the fastest pace of inflation since 1982, and showed evidence of...

2:45 p.m. ET As mentioned in the last update, on a short term tactical basis I’m feeling more neutral on...

11:07 a.m. ET This looks like the profit taking expected with most averages filling their gaps and what could be...

2:47 p.m. ET The large-cap indices are cooling off from a two-day rally, while the small-cap Russell 2000 keeps moving...