Category: Intraday Market Update

SPX (1m inverted) and VVIX   There’s one more Volatility ETF with 3C turning positive on the short-term tactical timeframes,...

1:50 p.m. ET We have more of the day-to-day rotation where one group is the worst performing one day and...

Bitcoin supports risk sentiment, while the Japanese Yen tempers it. In the meantime, yesterday’s afternoon rotation– selling cyclicals and accumulating...

The major averages are set to move back toward session lows with a bearish consolidation this afternoon. SPX (1m) The...

1:12 p.m. ET Traders have returned to their desks as month-end flows fade. December kicks off in risk-off mode, with...

A couple more potentially interesting developments are taking shape. I don’t want to make too much of it on a...

11:45 a.m. ET Averages The averages have the same consentient gains as seen Wednesday, presumably as the market goes on...

The market is posting another strong, broad-based rally today — exactly the kind of impressive price action you’d expect on...

  Signals are a mixed bag. Credit is supportive of more upside as credit has gotten a major boost from...

1:31 p.m. ET Tech names gave back the bulk of yesterday’s gains in early trade, with considerable weakness among chipmakers...

Judging by Credit, volatility, and a few other assets and signals, I suspect the S&P at least tests the last...

2:29 p.m. ET Bitcoin (+1.85%) isn’t leading tech higher, but acting better than earlier. Nasdaq-100 (5m) & Bitcoin futures. There...

12:21 p.m. ET Taking the market’s temperature this first day of a holiday shortened week, the hypothesis of a bounce...

1:13 p.m. ET This morning’s trade has been like a tentative ceasefire between two warring fashions, with a few skirmishes...

I suspect there’s more than one thing happening today, a cascade of sorts that seems to start with Bitcoin selling...

2:18 p.m. ET Super weird day and fast moving for forgive any typos. Nvidia went from up up almost +5%...

11:11 a.m. ET I thought it was interesting that Bitcoin (-1.9%) was lower this morning, and we have seen Bitcoin...

2:44 p.m. ET Without going into all of the details, of which there are plenty with balance sheet conversations, December...

1:01 p.m. ET I usually like to let the market go through it’s opening shenanigans and take the pulse. Early...

Other than the few divergences touched on in the last post, nothing big has changed. Volatility’s 3C charts are still...