Category: Intraday Market Update

Here’s the article from the Bank of England for those interested. “‘AI stocks’ comprise a growing share of the market...

There hasn’t been much movement for the major averages in today’s dull cash session. Most gains were futures overnight and...

1:20 p.m. ET CPI was below consensus on a MoM and YoY basis. YoY CPI (3.0%) was the hottest since...

President Trump is speaking live to make an announcement that seems to be about cartels, but there are reports of...

1:40 p.m. ET The day has been filled with reactions to earnings, constantly contradicting headlines about the White House’s intentions...

The game is still afoot. As illustrated last night, even after 7-days or correction/consolidation/short covering, all of the SPX’s price...

1:21 p.m. ET Last night I mentioned the Momentum style factor was under pressure, with Goldman Sachs mentioning the same....

Apart from a few earnings-driven moves in S&P sectors, the stock market was lackluster today, with short-term overbought conditions yesterday...

1:40 p.m. ET I’m bringing this to your attention given the SPX/NDX are stalled near Oct. 10th highs. TRUMP: MAYBE...

12:47 p.m. ET After yesterday’s 1-day overbought internals, the market is struggling to find direction. The few standouts are sectors...

  It’s amazing to me how quickly this market reaches deep oversold levels. We saw it happen in a single...

2:53 p.m. ET I’ve been bullish gold since gold’s price was less than half of today’s price. I was bullish...

2:34 p.m. ET I’m putting together some charts for gold, but noticed this and wanted to quickly call it out...

12:48 p.m. ET The new week is starting off with positive risk sentiment around de-escalation of tariff threats, resulting in...

This update is not going to be very exciting. Yesterday’s 1-day oversold internals are one thing and may be having...

1:47 p.m. ET Today has been like watching paint dry. Today’s October options expiration is large, roughly 2x the average...

It looks like we’ll have strong 1-day oversold internals. I need to confirm the price/volume relationship after the close. Normally,...

President Trump said his call with Putin went well. The market still bleeds. Remember that ABI and positive volatility correlation...

1:02 p.m. ET Market tone has eroded throughout the session. The retreat coincides with a Truth Social post from President Trump, which...

3:33 p.m. ET It’s been pretty quiet since the last update. Maybe that changes before the close, but as of...