Category: Intraday Market Update

The major averages have jostled around following the release of the FOMC minutes and the March Treasury Budget which showed...

2:26 p.m. ET Today’s trade features a strong negative bias, largely focused on Value style factors (as recent sell programs...

There was something interesting about today’s trade –actually a few things — but it was another inconsequential day ahead of...

1:57 p.m. ET The averages are off the morning lows as expected after some morning selling. SP-500 -0.3%, Dow -0.35%...

11:08 a.m. ET This morning was set for a dullish day, but with the pull back in the Dollar and...

2:19 p.m. ET First my apologies. I was sick (vomiting) for 20 hours straight from Saturday morning  through Sunday morning...

2:40 p.m. ET Mega-caps (+1.45%) have had a good day, supporting the broader market despite a jump in yields (+5...

11:12 a.m. ET I was surprised to see so little reaction in index futures this morning (one way or another)...

What a wild ride the say has been. At first it seemed the bear flags were ruined by this morning’s...

3:14 p.m. ET Oil prices are rising this afternoon in response to news that the UAE has announced it is...

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...

My highest probability scenario yesterday afternoon was for the averages to consolidate in bearish flags, and to fill yesterday’s gap...

2:13 p.m. ET There hasn’t been a lot of up or down movement at the index over the last half...

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%)...

3:17 p.m. ET It “seems” like we’re increasingly likely to see the averages consolidate today’s losses in bearish consolidation patterns,...

11:14 a.m. ET There’s a lot going on this morning as rates and oil jumped to new highs for the...

Last week I wrote numerous times that we’re at a very interesting and informative area, with a number of bullish...