Category: Intraday Market Update

2:33 p.m. ET The Fed raised the target rate to 0.25% to 0.5% (25 bp as expected). Not surprisingly as...

1:04 p.m. ET SP-500 +1.3%, Dow +0.9% (Transports +3.3%), NASDAQ-100 +2%, Small Caps +2.2% The earlier ceasefire negotiations reported by...

11:14 a.m. ET In yesterday’s Afternoon Update I said I thought the averages had another at least +1% of follow-through...

As of the last update it looked like the averages were entering a consolidation phase intraday, now they’re coming out...

12:48 p.m. ET Stocks experienced a little speed bump intraday as Russia’s Putin told European Council President Charles Michel that...

11:16 a.m. ET The major indices begin the session on a higher note, helped by weaker oil prices (-8.65%) and...

Just a quick addendum to the last post. The averages started coming off session lows (soaring yields have been putting...

3:03 p.m. ET Stocks have fallen to lows once more in the last half hour, the Dow Jones Industrial Average,...

1:31 p.m. ET This year keeps getting more and more interesting in unexpected and surprising ways. Stocks hit session highs...

11:04 a.m. ET Apologies for no A.M. Update. I have a friend and near family member (and contributor to Chris...

1:59 p.m. ET The S&P is increasingly range bound between $4200 and $4300. Dow is best, while the mega-caps of...

10:58 a.m. ET It’s another volatile start for the averages, fading early and overnight gains due to the same reactionary...

The averages are down from -0.2% (Dow and Small Caps) to -1% (NASDAQ-100) with Transports (+1.25%) displaying relative strength. Although...

2:11 p.m. ET As the S&P-500 holds the January 24th low (support) conditions seem to be improving a bit, partly...

12:50 p.m. ET The S&P is testing potential support at the January low. Technology remains a serious drag on the...

11:26 a.m. ET The stock market gave back about half of yesterday’s gains at the open and has come down...

The averages have put in a small consolidation near various levels of resistance as I was expecting. SP-500 (1m) it’s...

2:04 p.m. ET SP-500 +2.55%, Dow +2%, NASDAQ-100 +3.4%, Small Caps +2.65% As per the Early Update, my expectations were...

11:38 a.m. ET The market is happy with comments from Ukrainian President Zelensky’s Deputy Chief of Staff Ihor Zhovka that he...