Afternoon Update – Semis Rebound Bolsters Index Performance
3:37 p.m. ET Market conditions, internals and more importantly, the Tech sector, are all improving as the day goes on....
Market Update – Broad-Based Half-Percent Gains.
12:52 p.m. ET Friday at 4 p.m. kicked off the summer holiday season running through Labor Day (Sept. 2nd). This...
Afternoon Update
I’ll have a post out after the close, not the typical Daily Wrap, but addressing some issues into next week...
Very Dull, Place-Holder Session; Gold Record High
2:40 p.m. ET Today’s session is slightly positive, but lackluster to say the least. I realized that in the A.M....
Afternoon Update – NASDAQ $19,500 Test
Large-cap Tech is driving market gains, so the Nasdaq-100 is the key index right now (Small Caps were a month...
Market Update – The Market Has The Data It Wanted. Let’s See What It Does with It.
12:36 p.m. ET The U.S, market really couldn’t ask for better data this week, supporting the soft-landing scenario: Inflation coming...
Intraday Update – Tech Very Fluid
3:10 p.m. ET Parts of the market remain fluid. Those parts are largely mega caps, semis and the Technology sector....
Early Update – Fluid Start For Tech
12:16 p.m. ET This morning has been another dynamic start to the day with the 3 mega-cap heavy sectors initially...
Afternoon Update
The last 2.5 hours have seen the averages trade mostly sideways after strong early gains. We still have 10 of...
Market Update – Investors Go With What They Know As Oversold Conditions Are Worked Off
1:25 p.m. ET Sorry this is out so late. There’s a lot to cover and the market has been fast...
Afternoon Update
Today has been a sloppy session. SPX (15m) in context with today highlighted yellow. Here’s a closer look just of...
Market Update – On the Way To A Test? And Then…
1:50 p.m. ET The Dollar-Yen’s gains — thus index futures related gains– to start the new week are the result...
Afternoon Update
Earlier today it seemed like today was going to be a relatively dull day (compared to the rest of the...
Early Update – A Tired Market, But Something To Watch
11:55 a.m. ET It’s a pretty slow day comparatively vs. the rest of the week. Part of that seems to...
Afternoon Update
This will be quick. Today was a decent day for the market, but in terms of exiting consolidation (either way),...
Intraday Update
2:27 p.m. ET SP-500 +2.4%, Dow +1.8% (Transports +1.6%), NASDAQ-100 +3.1%, Small Caps +2.2% So far it’s been a less...
Early Update
11:13 a.m. ET SP-500 +1.6%, Dow +1.3%, (Transports +1.3%), NASDAQ-100 +2%, Small Caps +1.6% The market is off to a...
Afternoon Update
It looks like the 1-day overbought internals signal from yesterday worked again. I really do favor a true test of...
$5150 Test Coming Up?
2:42 p.m. ET It sure looks like it. SPX (5m)...
Early Update – Strong Start, But Fading
11:53 a.m. ET Quite frankly, given how influential the carry trade unwind has been, I’m a little surprised this morning...