Market Update
3:14 p.m. ET Oil prices are rising this afternoon in response to news that the UAE has announced it is...
Early Update – Most Gaps Filled
11:45 a.m. ET S&P futures were up +0.3% at 8 a.m. and jumped to +0.65% shortly after a miss in...
Afternoon Update
My highest probability scenario yesterday afternoon was for the averages to consolidate in bearish flags, and to fill yesterday’s gap...
Intraday Update – Gold New Record High After Powell
2:13 p.m. ET There hasn’t been a lot of up or down movement at the index over the last half...
Early Update – Consolidation / Gap Fill Underway
11:33 a.m. ET First, economic data since the open: The ISM Non-Manufacturing PMI decreased to 51.4% in March (consensus 52.6%)...
Intraday Update – Price Consolidation/Gap Fill ?
3:17 p.m. ET It “seems” like we’re increasingly likely to see the averages consolidate today’s losses in bearish consolidation patterns,...
FOMC Retrace
1:27 p.m. ET Before the FOMC or major Fed events, I’ve always warned to beware of the knee-jerk reaction in...
Early Update – Failed Breakouts?
11:14 a.m. ET There’s a lot going on this morning as rates and oil jumped to new highs for the...
Afternoon Update
Last week I wrote numerous times that we’re at a very interesting and informative area, with a number of bullish...
URA (Uranium) Follow Up – Adding To Gains
2:49 p.m. ET I wasn’t sure we’d get here due to weak volume on the last advance, but URA (+3.5%)...
Gold’s New High Facing Headwinds From Higher Yields
2:27 p.m. ET It’s not just mega-caps, semis and NASDAQ-100 that are trying to make moves today and are being...
URA (Uranium) Breaking Out
11:34 a.m. ET There are a lot of breakouts, potential breakouts and potential failed breakouts all taking shape at the...
Early Update- Higher Oil & Yields Threaten Failed Breakouts in Major Averages
11:176 a.m. ET Tech and NASDAQ-100 were doing some catching up to the rest of the market from late last...
Intraday Update – Gold and Crude Looking Strong
2:08 p.m. ET Gold (+1.35%) has added to the breakout/follow through… GLD (15m) And Crude has added to gains (+2%)…...
Early Update – Slow Start for Stocks; Gold Breaks Out; Crude Looing Good
11:51 a.m. ET The market is off to a slow and flat start. I don’t want to get ahead of...
Afternoon Update
The last couple of days of hints, have added up to a clearer picture for the week with quarter end...
Follow Up On Distribution & Rotation Dynamics
2:43 p.m. ET After end noticeably heavier end of day selling, in an other wise dull market until the last...
Early Update – Pension Funds Dump More Tech Leaders At The Open
11:38 a.m. ET At the cash market index level it may appear that not much is going on, but under...
Afternoon Update
This is going to be quick and a near carbon copy of this time yesterday. After a dull session all...
Intraday Update – Price Action vs. 3C
1:18 p.m. ET Market breadth was positive earlier in the session, but reflects more mixed action now. Decliners are in...