Early Update – Slow Start for Stocks; Gold Breaks Out; Crude Looing Good
11:51 a.m. ET The market is off to a slow and flat start. I don’t want to get ahead of...
Afternoon Update
The last couple of days of hints, have added up to a clearer picture for the week with quarter end...
Follow Up On Distribution & Rotation Dynamics
2:43 p.m. ET After end noticeably heavier end of day selling, in an other wise dull market until the last...
Early Update – Pension Funds Dump More Tech Leaders At The Open
11:38 a.m. ET At the cash market index level it may appear that not much is going on, but under...
Afternoon Update
This is going to be quick and a near carbon copy of this time yesterday. After a dull session all...
Intraday Update – Price Action vs. 3C
1:18 p.m. ET Market breadth was positive earlier in the session, but reflects more mixed action now. Decliners are in...
Early Update
11:48 a.m. ET At 10 a.m. The Conference Board’s Consumer Confidence came in worse than expected. After declining in February,...
Afternoon Update
Just a quick note. There’s some heavier volume selling into the close, affecting S&P-500 futures the most, then NDX futures....
Market Update – The Rest of the Week
3:00 p.m. ET Coming off last week’s lows, most of the averages’ price action in the last couple of days...
Early Update
11:19 a.m. ET Since the open, New Homes Dales dropped more than expected, down 0.3% MoM (vs an expected 2.3%...
Afternoon Update
First, while I’m finishing up the CSVs to import everyone and all related info into the new website, if you’d...
Now The Sellers Are Filtering In – Dow & Small Caps @ Lows of the Day
3:25 p.m. ET As per the last post, mega-caps were trying to lift the market. My take is it was...
Intraday Update – Dull Day, But Mega-Caps Trying
2:7 p.m. ET The mega-caps are trying to kick-start some upward momentum. They’re now (MGK +0.2%) 70 basis points ahead...
Early Update
11:35 a.m. ET So far we have a broad-based decline, similar to the last 2 days of broad-based advance, but...
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Update on TheTechnicalTake.net… The final step in the process s exporting all member data from usernames, emails, Paypal subscriber ID’s,...
Early Update _Rising Yields & Dollar Exerting Some Pressure on Stocks
11:44 a.m. ET First, economic data since the last update has come in inflationary. S&P Global’s US Manufacturing PMI surged...
Afternoon Update
There’s a lot to take in with today’s events. It’s not just the Fed coming in moderately dovish as I...
Gold Breaks Out
3:28 p.m. ET Remember that tight bull pennant consolidation in Gold (+1.4%)? GLD (15m) – Just beautiful price action, and...
Powell Presser: Moderately Dovish
3:13 p.m. ET I’m still taking all of this in as Powell continues to speak. Here are some interesting highlights...
Moderately Dovish
2:27 p.m. ET As expected, there was no change on rates. The March FOMC statement is a carbon copy of...