Category: Intraday Market Update

Before the open, Iran’s state media released details of an unofficial draft MOU for an interim peace agreement with the...

A quick look around in what’s been a relatively quiet afternoon… Bitcoin (-1.7%) is notably lagging the Nasdaq, but the...

Over the three-day holiday weekend, a steady stream of “imminent deal” headlines drove WTI crude futures down as much as...

The averages have filled the gaps. SOX has filed the gap. That’s what I was looking for in terms of...

The oil suppression stories before the cash opens are getting silly at this point. Al Arabiya’s “Final Peace Deal Draft”...

What a crazy day of headline ping-pong. Around 1 p.m. Saudi’s AI Arabiya says it TV obtained what it describes...

Oil and Yields are both higher this morning, thought choppy, which is in large part attributed to an earlier report...

Although the latest geopolitical headlines are highly mixed and contradictory, they are triggering meaningful declines in oil prices and bond...

While I suspect Friday’s equity gap down gets filled, likely around Nvidia’s earnings tomorrow, the gist of last night’s lengthy...

Something geopolitical was driving oil higher with WTI jumped above $105 this afternoon… WTI (2M) Higher Oil prices pulled the...

Broadly speaking, it’s been  a mixed day for the averages, but with yields breaking out last week, long duration Technology...

It’s taken some time, but price action, especially in Treasuries, has been unambiguously pointing to “higher yields coming”. The Fed-sensitive...

If there has one obvious risk to equities above all others (and there are more than a few), it has...

The last couple of hours have been very quiet with little movement in equities, with the exception of volatility pressured...

Yesterday was the Mag-7 anticipation rally. Today is the “show me the results” moment in terms of China deals. It...

I’m not sure what the catalyst is, but Chinese internet and internet-related technology companies listed outside mainland China, represented by...

On the whole, the day has a dullish tone with narrow leadership from Semis and Mega Caps, with some technical...

The averages are of session lows. Some more than others and some looking better than others. NDX (10M) Small Caps...

The weakness in high-yield credit Monday afternoon made me suspect the major averages would have closed lower had the market...

Most averages are up by an anemic +0.15% to +0.25%, and Transports -0.8%. Volatility (+7%) displays relative strength as VIX...