Another Test?
We have all 11 S&P sectors in the green and advancers a good 4-to-1 over decliners, but there’s a decent...
Early Update – May Be Getting The Structre
10:58 a.m. ET Earlier this week I talked about the market putting in some price structure that successfully tests lows...
Afternoon Update
The averages have pulled back quite a bit off their best levels of the day. The NASDAQ-100 is back below...
One Day Oversold
12:40 In yesterday’s Daily Wrap Summary, I wrote, “thereās a strong argument for a weak open tomorrow. However, we also...
Afternoon Update
I’ve done some digging today and found the short-term CTA levels.Ā CTA short-term levels for the NASDAQ-100 ($19,608 in the...
Market Update – Those Unusual Signals Mattered
1:35 p.m. ET It’s been a fast moving market. I’ve had to write and re-write this post, re-capture charts a...
Intraday Update – SPX, NDX, IWM, GOOG
3:15 p.m. ET 3C for SPX/NDX is on the weak side intraday. That’s not necessarily a bad thing or unexpected...
Market Update – Still Going To Plan (Expectation)
12:31 p.m. ET Existing home sales fellĀ for the 4th consecutive month, down -5.4% month-over-month in June to a seasonally...
Afternoon Update
So far the expectations I posted late last week, including Friday, are holding water and holding well. As for the...
Market Update – Going To Plan, or Expectations
1:14 p.m. ET As far as my forecast late last week, things are going exactly to plan. Intraday, the market...
Gold Update
2:59 p.m. ET Gold futures settled lower by -2.3%. In last night’s Daily Wrap, I wrote, “there is the chance...
Important Market Update (Long in the Making)
2:21 p.m. ET Today has been so fast moving, I’ve written and re-written this post 4 times and captured price...
Afternoon Update – TESTS
This is going to be a quick post. I’ll cover Dow Industrials, Dow Transports and Small Cap Russell 200 in...
NASDAQ-100 & Tech Update – Another Test
The NASDAQ “seems” to be trying to straighten itself out. A few notes about the NASDAQ… The obvious risks are...
Fluid, Fast Moving Market – Semis Saving The Day
12:47 p.m. Et It has been quite a fluid morning, both in market action and news. In this post I’m...
Session Lows It Is
4:17 p.m. ET I often write that Pros (hedge funds, institutional money, etc) often transact on the close, which is...
Afternoon Update – The Close
I’m not sure what this close is going to look like. It’s important though. First, Small Caps… Small Cap IWM...
NASDAQ Analysis
2:32 p.m. ET I’m still interested to see if the NASDAQ-100 will try to hold $20k by the close. It’s...
Early Update – Falling Three Methods Everywhere
12:01 p.m. ET Most of the averages are down. Tech, Mega-Caps and Semis are getting slaughtered. Dow Transports are at...
Afternoon Update -EXTRME Signals in Volatility
Small Caps, the Dow IndustrialĀ Average and Dow Transports continue their recent rotational melt-up as Treasury yields decline rather significantly this...