Category: Intraday Market Update

Heading into the close the bond market is a lot uglier than equities with the 2-year yield jumping nearly 25...

1:23 p.m. ET I’ve been a little impressed with how the market has dealt with the ramifications of the CPI...

10:38 a.m. ET The stock market was off to a tough start following the January CPI report, which has fueled...

I’ve got all my intraday data reloaded and have taken a look at the charts.  The S&P followed in Dow’s...

2:31 p.m. ET The market needed a break from inflation concerns ahead of tomorrow’s CPI to get some upside traction...

11:22 a.m. ET One of the helpful developments seen in last night’s Daily Wrap was Treasury futures’ 3C charts suggesting...

The day still has a consolidative tone, but the averages are currently near or at session highs. As first pointed...

11:56 a.m. ET Tuesday has started as another slow and dull session. Higher yields aren’t weighing on growth (+0.1%)  or...

1:50 p.m. ET Market tone is still very dull and uninspired to start the week. There may be some newly...

10:58 a.m. ET The week is off to a slow and uninspired start, from stocks to bonds. SP-500 +0.25%, Dow...

2:00 p.m. ET Despite the 2-year yield jumping a huge 12 basis points following the much better than expected Payrolls...

11:46 a.m. ET I was partially correct yesterday in that Amazon (+12.5%), which was sharply discounted yesterday (-7.8%) ahead of...

4:04 p.m. ET ****Amazon just reported and price is rallying. The averages continue to struggle to find support intraday as...

2:04 p.m. ET This is a follow up to the last post, NASDAQ-100 TEST. Price is testing the flag’s lower...

1:21 p.m. ET Thus far the bleeding in Meta Platforms – formerly Facebook (FB -25.9%) – may have stopped as...

11:15 a.m. ET It’s not just Meta’s (formerly Facebook) -24% price drop, after shockingly weak earnings, that are pressuring markets,...

2:57 p.m. ET The S&P and Dow have pushed to new session highs as 10 of 11 sectors now trade...

11:53 a.m. ET The morning has a more defensive tone as upside targets are tagged and technical resistance levels make...

Over the last 30 minutes or so, Communications, Tech and Consumer Discretionary have lifted higher and pushed the major averages...