Category: Intraday Market Update

Mega Caps and Semis led pre-market gains. MAGS faded the entire gain to trade lower shortly after the cah open....

S&P and Nasdaq faded gains this afternoon. While some of the afternoon weakness can be attributed to the Financials, the...

I highlighted the bear flag in 3C yesterday afternoon, last night and in the last update. XLK (1m) Update on...

*If you missed yesterday’s daily wrap titled, The Yen Carry Trade Hypothesis: Testing the Engine Behind 2026’s Procyclical Surge and...

The Nasdaq-100 (epicenter of today’s weakness) found some technical support at the 50-day SMa after a -1.85% decline. The 50-day...

An uneventful round of economic releases (including recent CPI & PPI confirming disinflation but not sparking aggressive rate-cut bets) and...

The choppy trade continues at the index level, though now near session lows with the Dow (-0.9%) still the worst....

Most averages (excl. Small Caps) faded the pre-market CPI knee-jerk gains as the cash open rolled around in typical 2026...

All eyes are on tomorrow’s 8:30 a.m. ET release of December 2025 CPI and Core CPI — one of the...

A trend I’ve noticed in the new year of 2026 is whatever Index futures indicate in pre-market, they’re going to...

I bought Crude (via USO) twice – October and December – as price action has been torn between the oil...

Pre-market index futures indications swung again at the cash open–extending last week’s trend– with S&P and Nasdaq catching a bid...

Slight shift in market dynamics. Most Cyclicals aren’t adding to gains this afternoon. Financials (-0.2%) are lower and Energy (+0.2%)...

The market’s bias is as indicated in pre-market, positive and fairly broad-based, with all style factors higher, but leaning more...

Not much has changed this afternoon as far as leadership goes, with the exception of the Energy sector (+3.4%) taking...

2:04 p.m. ET Several 3C charts are getting uglier intraday and they happen to be in the two averages that...

1:03 p.m. ET Once again, pre-market indications of Nasdaq (Growth-leaning) over DJIA and Small Caps (Value-leaning), are flipped on their...

The day has been fairly slow with the S&P spending a majority of the session in a 30 point range....

Once again, pre-market indications flipped at the cash open with the Dow and Small Caps declining and Nasdaq gaining as...

Today’s session opened with a noticeable defensive tilt, but leadership has since broadened into a rather eclectic mix. The Technology...