Category: Intraday Market Update

Early gains at the index level led by Broadcom (AVGO) dissipated in the face of rising rates (progress on inflation...

142 p.m. ET Broadcom (AVGO +20.6%) was the story stock of the day, lifting S&P and NDX index futures. That’s...

1047 a.m. ET A lot of what I’m writing below is going to be familiar, but I think it’s important...

This morning I felt a little overwhelmed with several moves that seemed like mini-fires to be examined and extinguished, such...

1:59 p.m. ET This morning a few areas felt like they were on fire, and some haven’t resolve yet. WTI...

12:26 p.m. ET Sometimes time is all you need. WTI Crude’s earlier plunge that I mentioned on volume as it...

11:37 a.m. ET It’s a messy morning in a few areas. It seems like there’s a half-dozen fires in the...

As we head into the close with the SPX below $6100, Semis are coming off session highs along with the...

I today’s market action can be summed up in two words, it’s very easy – Mega Caps. There’s the only...

I’ve been hoping that gold would make another successful test and a higher low in the process. The next hurdle...

1216 p.. ET CPI was the final key economic data point for 2024 and it came in on the screws,...

We may not be getting huge price percent changes in the averages today, but we’re getting those sly, little noticed (outside of...

313 p.m. ET The stock market has exhibited lackluster action at the index level, although it was fluid this morning...

12:46 p.m. ET There’s a lot to put together between 3C signals improving Friday for Small Caps coming into this...

4:00 p.m. ET The SPX lost support at its short-term uptrend… (10m) Following in the footsteps on the Nasdaq-100 earlier...

2:39 p.m. ET Mega Caps aren’t leading the market today, but their weight is supporting the averages as Small Caps...

1242 p.m. ET We got a that small caps were going to perform better to start the week from 3C...

There are some important aspects I want to cover, so the post will be out after the close, but not late....

2:30 p.m. ET I’m not seeing much change in 3C today, which suggests to me that the underlying trend is...

1156 a.m. ET The November employment report got a positive reception rom the stock and bond markets. It was neither...