Intraday Update – Tech & Semiconductors Leading Like They Should Have Yesterday
2:58 p.m. ET The stock market opened somewhat mixed. The market shifted into rally-mode around 10:00 ET when Treasury yields...
Early Update – Crude Breaks Out
12:11 p.m. ET Yields have seen an unusual drop. There’s more on that below. Mega-caps are providing support, but barely...
Afternoon Update
As we head into the close, mega-caps have helped a little this afternoon, but they’re still tracking the same as...
Intraday Update
3:11 p.m. ET I would have expected a stronger bullish reaction from the market today as the release of the...
Early Update – Strong Stat, But Less Impressive Now
12:14 p.m. ET The market has been very fluid this morning. I’ve had to revise this post 3 times. We...
Afternoon Update
As you may have guessed, there are no meaningful changes since the last Market Update, but that’s pretty much been...
Market Update
2:09 p.m. ET The mid-week trade has a similar feel so far to the first half of the week, which...
Bitcoin Volatile Intraday – Some COINBASE Users See $0 Balance
1:20 p.m. ET I’m not sure which came first, the chicken or the egg in this situation, but it seems...
Early Update
10:37 a.m. ET This morning just looks like some nervousness in richly valued Tech-related leadership names ahead of the PCE...
Afternoon Update
It’s just a pretty dull day. Most of the averages are +/- 0.3% from unchanged, except Small Caps +1.45%, which...
Apple Abandons Electric Car, Pivots to… AI
16 years after the idea, Apple gave up on producing its electric car today. ” the decision to ultimately wind down...
Market Update -Biotechs Add To Breakout
1:39 p.m. ET Today’s trade has a similar feel to yesterday’s trade. The three major indices are little changed from...
Early Update
11:29 a.m. ET The stock market is lacking direction again today. The three major indices trade near their prior closing...
Afternoon Update
Outside of Bitcoin making a nice move up on heavier volume (mentioned this morning), it’s been pretty slow in equity...
Intraday Update -Quiet Day
3:03 p.m. ET It’s been another pretty quiet session post Nvidia earnings, but still falls well within the realm of...
Early Update
11:29 a.m. ET It’s a fairly quiet start to the new week. Other than some short covering, there’s not much...
Defensive Market Tone Is Back & Potential Long Trades in Biotechs
1:37 p.m. ET Since last week’s CPI report came in hotter than expected — which killed the market’s dovish “Rate...
Early Update – Not Great Follow Through As Defensive Bias Remerges
11:27 a.m. ET Yields aren’t down much, but they are softer than pre-market (2y -1bp / 10y -5 bp). That’s...
Afternoon Update
Taking a quick look around, all major averages are higher. Ten of 11 S&P sectors are higher, but at last...
Intraday Update
The averages are adding to gains, although the catalyst stock for those gains, Nvdia, hit an intraday high just before...