Category: Intraday Market Update

Not much change from the last update. I think we’re headed in the right direction. The two key averages (due...

Treasury yields and oil prices continue to retreat. Quite honestly, the day is a bit more slow-going than I anticipated....

The major averages are little changed following Treasury Secretary Scott Bessent’s press conference outlining the administration’s new “Operation Economic Outcast”...

Trade talks between the U.S. and Canada broke down on Friday. The US implemented a new 50% tax on imports...

The SPX is trading very much like there’s a max-pain price pin near $7700. Yields are trading higher as if...

The averages are going into the close under pressure.  I think it’s well past reasonable time (after today’s trade) to...

Stocks are under pressure as oil jumps, Bessent’s QE-lite (or whatever you want to call it) gets tested hard 24...

Stocks were given a boost just before the open after the U.S. Department of the Treasury announced it will at...

It’s a pretty ugly day for the averages considering just 4 of 11 sectors are down. Among them are the...

The S&P 500, Nasdaq-100, and Small Caps broke out of their week-long bullish consolidations last Thursday, yet none has produced...

Two observations: Neither the S&P 500 nor the Nasdaq-100 are seeing any meaningful follow-through from yesterday’s breakouts. Small Caps and...

Most of the averages are making an attempt to breakout of the week-long bullishly-biased consolidation. SPX (10M) Price action doesn’t...

I’m not going to say there’s anything that stands out as, “Jumping off the chart,” in terms of market signals,...

It’s the influential Technology sector’s turn to lead today, but more specifically, the Semiconductors. The major averages, however, remain in...

Tomorrow’s CPI appears to be supporting Treasuries and helping keep yields relatively stable (ranging from unchanged to down about 2...

It has been a pretty dull, muted session thus far… consolidative, as it has been for a week now. Some...

The averages are mostly little changed following through to start the new week with consolidative tone, though trading modestly lower...

About an hour before the close, U.S. officials leak some positive news: US Official: Progress Between Oman And Iran On...

The July jobs report was classic “bad news is good news.” Investors are looking at the numbers and seeing basically...

The price consolidations I mentioned earlier are all still intact. Oil has moved higher, up almost +4% A few minutes...