Category: Intraday Market Update

It’s easy to buy into fear when the market is dropping. The bigger the drop, the more believable the scary...

I’ve viewed Software’s bounce as a dead cat (until proven otherwise). The group is under pressure again after a 3-day...

I’ve been running through 3C charts for hours. The gist is little changed as it relates to the large-cap dominant,...

Following Nvidia (NVDA -4.6%) earnings, Semis are under pressure (SOX -4.1%), pulling the top-weighted Technology sector (-2.15%) to the bottom...

There’s been an odd reversal of 2026 rotational themes, led by Technology (just ahead of Nvidia earnings after the close)...

The market got off to a solid start with strong Tech leadership ahead of Nvidia’s earnings after the close. Software...

My gosh, these days are long, taking in numerous, wildly changing events and news, much of it in the AI...

The AI anxiety is not over. IBM falls -13.25% as Anthropic’s AI automation of COBOL modernization threatens its legacy mainframe...

Uncertainty looks to be the word of the day; whether tariff uncertainty, software stocks breaking down from their bearish consolidation,...

President Trump lashed out against the Supreme Court decision to interfere in his use of IEEPA to impose sweeping tariffs...

Stocks faced some choppy action, initially trading lower in response to this morning’s economic data (hotter-than-anticipated December PCE kept year-over-year...

The major averages remain little changed from previous levels, on course for a lower close that negates the bulk of...

The broader market is taking a step back after a solid “risk-on” session yesterday. Wednesday’s trade didn’t result in 1-day...

The ABI is currently at 12.39 with a couple of minutes to go. It looks like we’ll have a new...

Summing up the January FOMC Minutes with a word, “Cautious.” Overall tone was patient and cautious. Most participants viewed the...

As noted in the A.M. Update, ” The market has a little more optimistic feel this morning.” The hints are evident...

3C’s closing vibe is similar to Friday’s, though more focussed on the S&P and Nasdaq-100. SPY (1M) QQQ (1M) And...

While losses across mega-cap and tech names sent the major averages lower this morning, the SPX found technical support at...

It’s another fluid, fast-moving morning. In early trade the market picked up right where Friday Afternoon’s Update left off: what...

One of the most obvious takeaways today is yesterday’s one-day oversold internals producing a broad-based bounce, helped by a cooler...