URA Consolidation
3:39 p.m. ET It’s not a perfectly parallelogram, but it’s close enough that I’d call this a bull flag. URA...
Intraday Update
3:32 p.m. ET Dealers got caught short a huge amount of calls into today’s options expiration and all it took...
Early Update
1:38 p.m. ET Apologies for the late post, but I finally got to talk to a software engineer on the...
Afternoon Update -Small Caps May Bounce Next
3:43 p.m. ET The oversold bounce may have more to go, but the divergent scenarios mentioned last night and in...
Bitcoin Testing Below $42k
12:58 p.m. ET From last night’s Daily Wrap, “I didn’t like what I saw when Bitcoin tested $42k and honestly,...
Early Update – Ducks in a Barrell
12:05 p.m. ET The market oversold bounce is going exactly as I hoped and expected. Really it’s just the NASDAQ.,...
Market Update – Ugly, But Hoping For Short-Term Oversold Conditions To Kick In
3:02 p.m. ET While the 10-year yield seems to have topped for the day, the Fed-rate sensitive 2-year yield keeps...
Early Update
12:13 p.m. ET As I was saying in last night’s Daily Wrap, I don’t think the market is wrong about...
Afternoon Update- Ugly, But Probably 1-Day Oversold
3:31 p.m. ET The averages sit near session lows. It’s a tough environment today with the U.S. Dollar Index jumping...
Early Update -Not Horrible Percent Moves, But Weak Market Action
12:22 p.m. ET Rising Rates and a decent jump in the Dollar weigh on stocks this first trading day of...
Airlines – Another One Biting the Dust
3:00 p.m. ET All of these November/December “rally”, or rather SHORT SQUEEZE favorites (crap stocks that only rallied because of...
Early Update – Lots Happening This Morning
12:12 p.m. ET I have a lot for you in this post. The overall view of the market is not...
Afternoon Update
What a crazy, unexpected day in Treasuries. Treasury yields turned notably lower in response to the Treasury Budget data with...
Intraday Update
3:17 p.m. ET The “buy the dip” crowd I mentioned earlier were 0DTE (Zero Days To Expiration) option traders trying...
An Interesting Day So Far…
1:42 p.m. ET It has been quite a surprising day so far with a lot of moving parts. Yields jumped...
Intraday Update – Bitcoin ETF?
3:09 p.m. ET Most of the averages, excluding Small Caps, just got some pep in their step and it seemed...
Early Update – Right Shoulder Looking Perfect
12:00 p.m. ET This morning’s early look is quite simple. The market averages are very little changed. That leaves prices...
Afternoon Update
Not much has changed since the last update. The averages are trading from just slightly above the flat-line (NASDAQ) to...
Quick Look At The Averages
2:12 p.m. ET I thought I’d give you the “feel” of the averages, some sectors as groups and my thoughts...
Early Update – 10-yr Above 4.00% Causing Trouble
11:48 a.m. ET Given yesterday’s strong close, price is not acting well this morning, but as I warned last night,...