Afternoon Update
As I write this before the close, the averages have hit new session lows and the S&P is below its...
Market Update
3:01 p.m. ET It’s been a pretty slow-going, dull day thus far. The S&P continues to trade around its 200-day...
Early Update – S&P Testing 200-day, Yields sharply Lower
10:39 a.m. ET The S&P is testing its 200-day successfully and off session lows of -1.35%, at -0.3% The Dow...
Afternoon Update
What a change in tone. All of the averages were up, all 11 S&P sectors were up, now all with...
Intraday Update
2:02 p.m. ET From the averages’ perspective, not much has changed with the S&P and Dow still tangling with resistance...
Early Update – Growth Stocks Lead Rebound
10:40 a.m. ET The bounce is underway with yields relatively contained and consolidating. The S&P is facing its first test...
Afternoon Update
Stocks have had trouble rebounding even with lower rates. Yields are down 2-4 bp and from Treasury futures’ 3C charts...
Looking Better – Buying Some S&P For Quick Long Tade
12:438 p.m. ET For those who have expressed an interest in playing a bounce on the long side (my estimate...
Market Update – Yields Could be Opening a Window
11:42 a.m. ET The averages have largely given back overnight and early cash open gains. S&P went from a +0.8%...
Afternoon Update
The market has been under pressure all day as yields across the curve have spiked. The Fed sensitive 2-year yield...
Intraday Update – VIX Under More Pressure May Open A Quick Trade
2:10 p.m. ET The S&P continues testing its 100-day, not much has changed on ut 3C chart, but market breadth...
Early Update – Yields Resume Surge – Stocks Sink
10:51 a.m. ET From Friday’s Afternoon Update, “If we break above 1.80% on the 10-year, then stocks are likely to...
Afternoon Update
So far the S&P’s test of the morning lows amid oversold conditions, has held, despite yields climbing fairly sharply. JPMorgan...
Intraday Update – Testing
2:11 p.m. ET Finally we’re getting the S&P test of the morning lows alluded to in the last update after...
Early Update – Yields Higher
11:10 a.m. ET The averages are off their worst levels of the morning, but it looks likely the morning lows...
Intraday Update
2:46 p.m. ET As of the last update the averages were trading just off session low and several near moving...
Market Update
1:08 p.m. ET Things have gone from dull to worse as Technology initially dragged the market lower, but this isn’t...
Early Update – Stocks Struggling to Gain Traction
11:03 a.m. ET Yesterday we saw the averages start losing rebound momentum. The morning’s opening tone is a continuation of...
Afternoon Update
I’ll keep this brief as there hasn’t been any notable change since the last update. The averages are losing some...
Intraday Update
1:16 p.m. ET Despite a robust CPI, bond yields are pulling back more and as a result, the influential Tech...