Category: Intraday Market Update

1:37 p.m. ET Market tone is weakening a bit. After 11 S&P 500 sectors were trading higher, five have slipped...

10:40 a.m. ET The averages are trading higher on no specific catalyst other than the seasonal Santa Claus rally period...

Today has been one of the dullest days for stocks in recent memory, so I haven’t wanted to bother you...

11:27 a.m. ET The averages are mixed and little changed in a sleepy session, much along the lines of lateral...

Yesterday HY credit and some building relative strength in volatility, taken with weaker afternoon/overnight index futures’ 3C charts suggested the...

11:23 a.m. ET As suspected yesterday afternoon,  “at present I can envision a scenario in which the leaders today start...

3:16 p.m. ET Maybe it’s coincidence, maybe just some end of day profit taking by traders, but it’s interesting how...

2:26 p.m. ET Mega-caps continue to lead the market higher in holiday diminishing volume. Small Caps are starting to display...

11:38 a.m. ET The week is off to a decent start with the mega-caps providing influential support. On a side...

12:33 p.m. ET The S&P is trading right where it was rejected last week, but just shy of where it...

10:43 a.m. ET The benchmark S&P index came into the week down a 3rd day and 3% over the 3-day...

2:41 p.m. ET All in all it’s a pretty quiet day moving as expected, fulfilling upside targets from yesterday’s oversold...

11:05 a.m. ET The averages had been in a fairly dull consolidation mode this morning with the averages trading from...

The averages are losing some momentum as 3C charts suggested in the last post. SPY (1m) I suspect this is...

1:30 p.m. ET All of the averages have filled yesterday’s gaps. While price momentum is still good intraday, there are...

11:18 a.m. ET The early bullish tone in pre-market which saw Small Caps and NASDAQ-100 with the best gains, has...

2:19 p.m. ET SP-500 -1.25%, Dow -1.4%, NASDAQ-100 -1.1%, Small Caps -1.8% I wouldn’t quite call this buying the dip,...