Category: Intraday Market Update

2:01 p.m. ET After today’s largely better than expected economic data and yields being stable, both are providing a constructive...

The scenario I laid out yesterday afternoon of PPI coming in cooler than expected leading to small caps outperforming today,...

1:53 PM ET Last night was a rough night for me with hours upon hours preparing the Daily Wrap, but...

I wouldn’t say the close was a slam-dunk signal, or an exclamation mark, but it wasn’t encouraging. Traders/Investors appear to...

I think tomorrow’s direction comes down to a coin toss. Is the Producer Price Index going to come in a...

I’m awaiting more price data to see how price and signals turn out, but in reference to the only sector...

1:06 p.m. ET The averages are mixed, but there’s only one S&P sector of 11 that trades higher, Technology, due...

Heading into the close all of the averages hold modest gains. They haven’t done anything special today. My earlier consolidation...

3:48 p.m. ET Let’s start with Gold. Gold’s been acting well since 2023, but really broke out and established a...

1:57 p.m. ET President Trump’s much anticipated Monday announcement on Russia is being treated as another TACO moment. The president...

10:46 AM ET Initial impressions- All of the averages are getting a bid at the cash open. The value-leaning Small...

The afternoon session is shaping up to leave the S&P with a very modest loss on the week (-0.3%). That’s...

1:19 P.M. ET It’s been challenging to get this post out, capturing charts and observations while also paying attention to...

The S&P filled the gap and bumped into last Thursday’s high seems to be meeting a little bit of resistance...

1:40 p.m. ET This week has been a bit bipolar in terms of daily rotations or flip-flops. A certain sector/s...

  VIX’s relative weakness is definitely playing a role in supporting the market today as are notably lower rates. SPX...

1:15 p.m. ET Over the last hour, President Trump announced new tariff rates effective August 1, 2025, for several countries,...

The S&P 500 continues to oscillate within a relatively tight range around its flat opening, currently down 0.1%. There has...

1:03 p.m. ET We are off to to a slow start. It seemed from  3C charts yesterday that we would...

2:54 PM ET The first two tariff lets to South Korea and Japan are very similar and are a last...