Category: Intraday Market Update

The S&P 500 (+0.35%) and Nasdaq-100 (+0.7%) look to capture record closing highs to go along with their fresh all-time...

The mega caps are firmly in the driver’s seat. Other sectors have drifted in and out of the green trying...

11:24 a.m. ET We’ll see where it closes, but the ABI looks set for another signal, and even lower. The...

There it is… 13.82 I’ve mentioned in the past that FAST drops in the ABI don’t necessarily equate to a...

I’m going to get this Friday afternoon update out a little earlier than I’d normally like due to the ABI,...

There’s a little pick-up in selling pressure on 3C…  SPY (1m) QQQ (1m) This is intraday and seperate from the...

1:40 p.m. ET My early take on this today’s actions mirrors Thursday’s Daily Wrap Summary, and questioning whether Thursday’s advance...

Today has definitely had a more pro-cyclical feel as 2025 rate cut expectations are pretty much set (for now) at...

That backdrop has been particularly supportive of smaller-cap stocks, with the Russell 2000, Dow Transports, and S&P MidCap 400 outperforming....

The ABI is at 14.48. The S&P and Nasdaq are back below last Friday’s Payroll highs or local resistance… (5m)...

1:16 p.m. ET I’ve been watching index futures this morning, a bit surprised at Nasdaq-100 futures stall out, but then...

While I’m going through my morning rounds in the market, I wanted to get this out there just so you...

The S&P and Nasdaq-100 are up less than 0.25%. Dow Transports and Small Caps are clear laggards, along with Materials,...

Just a quick update as I know there’s a lot of interest. Currently 15.60 The initial annual Payrolls revision —...

2:37 p.m. ET As widely suspected, Apple (AAPL -1.5%) introduced a new iPhone–the iPhone Air– it’s thinnest model yet, and...

12:43 p.m. ET The BLS preliminary benchmark revision for the 12-month period ending March 2025 shows 911,000 fewer jobs than...

The S&P 500 (+0.2%), Nasdaq-100 (+0.5%), and DJIA (+0.2%) still hold on to today’s modest advance, though they now sit...

The tech-heavy Nasdaq leads the way as mega-cap tech names see notable early strength after a retreat on Friday. Broadcom...

Investors’ quandary has centered around weakness in the labor market, and the balance between increased rate cut expectations and faltering...

A rapid drop in the ABI doesn’t always indicate an upcoming sub-14 signal, but such signals are typically preceded by...