Category: Intraday Market Update

The averages aren’t doing anything in price terms that suggests anything more than the latest bearish consolidation in a long...

153 PM ET This morning’s CPI is that on a year-over-year basis, total CPI was up 2.8%, versus 3.0% in...

I can’t say objectively that we have evidence that short-term down trends done, they are still very much intact, although...

2:59 PM ET The SPX met its full measured move at $5535-$5550 with a low of $5528. SPX (10m) –...

12:41 PM ET The S&P was holding around the flatline until 10 a.m. ET, when President Trump posted the following...

As the S&P (-2.7%) has come within 0.25% to 0.5% of the measured move target for the most recent bear...

2:17 PM ET Selling in mega caps and semis is keeping the pressure of the cap-weighted indices, both of which...

11:51 AM ET “Asset managers were steadily reducing risk in relative out-performers and started rotating into defensives late in the...

942 a.m. ET As has been the recent norm, Bitcoin futures  –being a speculative asset — led Sunday night’s futures...

It looks like yesterday’s one day oversold internals are working out pretty well again today with the benchmark index in...

12:59 PM ET It’s another busy morning with a lot of moving parts, which of course are effecting the market....

The charts aren’t looking amazing as far as new signals, there’s a little something going on intraday this afternoon. Still...

12:44 PM ET It has been yet another busy, volatile day so far with ugly tone after yesterday’s 1-day overbought...

2:55 PM ET After speculation from yesterday afternoon and earlier this afternoon, the White House has given a 1-month exemption...

1223 pmet Some better economic data this morning is taking the edge off growth concerns, although investors still wait on...

This afternoon’s closing trade is fairly fast-paced. For all intents and purposes, the SPX met my measured move. On a...

12:43 PM ET Last night I warned that a break of USD/JPY $148.50 would exacerbate deleveraging flows via the carry...

320 pmet I don’t know if timing of recent news has a role in the increasingly ugly market action, led...

1:59 PM ET Semis (SOX -1.9%) are weighing on the Technology sector (-1.5%), and thus the broader market. SOX (10m)...

1:02 PM ET This week’s focal points “should” be tariffs and any last minute negotiations; President Trump will address a...