Category: Intraday Market Update

The S&P 500 (+0.1), Dow (+0.05%) and Nasdaq-100 (0%) trade near their flat lines. As a cohort, the three indices...

1:43 p.m. ET In yesterday’s Afternoon Update, I wrote, “The near-term risk is tomorrow’s PPI has some surprisingly hot component....

The last two days have been pretty wild. Today, probably even more so, and it’s had me scrambling to put...

1:22 p.m. ET There are quite a few different cross currents so far today. I’m trying to figure out how...

It has been a little bit of an interesting morning. Headline CPI came in at consensus, though increases in goods...

The day has been a pretty slow consolidation day ahead of CPI. S&P sectors are mixed. Technology (-0.6%) has slid...

1:53 p.m. ET As usual, there’s tons of news out of Washington, D.C., but the broader market is in a...

We’re nearing the close. Most averages are near session highs (ex. Transports & Small Caps). Intraday price action has a...

Uncertainty around gold and crude oil has been pretty intense today. The U.S. dollar index is down 0.2% at $98.20,...

I was dreaming of a slower Friday sliding into the weekend, but nope—market tape bombs are dropping like confetti at...

I just got back in so I’m going try to make this quick. Breadth figures reflect a steady increase in...

1:25 p.m. ET I’m always hesitant to take much away from overnight trade or pre market futures as it is...

Overall it’s a pretty slow day. It is going according to expectations though and that makes this a little bit...

1:53 p.m. ET I’ve written and rewritten this post probably three or four times now. Often slow days like this...

I’ve been spending a lot of time looking around before putting this post out. I don’t like to put something...

12:06 p.m. ET Market internals were 1-day overbought yesterday. Price action so far today fits the circumstances. However, the market...

Market is near session highs as we near the close but much more lateral than this morning’s enthusiastic trade. I...

1:59 p.m. ET There’s a lot to take in today. This post is not as organized as my typical post,...

What a day! It’s not just earnings, Payrolls highly unusual downward revisions, Key Reversal Days, failed moves/resistance, we also have...

1:42 p.m. ET I often say that dull price environments cause me the most work. You’ve likely seen the hours...