Category: Intraday Market Update

11:29 a.m. ET The stock market is lacking direction again today. The three major indices trade near their prior closing...

Outside of Bitcoin making a nice move up on heavier volume (mentioned this morning), it’s been pretty slow in equity...

3:03 p.m. ET It’s been another pretty quiet session post Nvidia earnings, but still falls well within the realm of...

11:29 a.m. ET It’s a fairly quiet start to the new week. Other than some short covering, there’s not much...

1:37 p.m. ET Since last week’s CPI report came in hotter than expected — which killed the market’s dovish “Rate...

11:27 a.m. ET Yields aren’t down much, but they are softer than pre-market (2y -1bp / 10y -5 bp). That’s...

Taking a quick look around, all major averages are higher. Ten of 11 S&P sectors are higher, but at last...

The averages are adding to gains, although the catalyst stock for those gains, Nvdia, hit an intraday high just before...

11:42 a.m. ET After a week and a half of slowly moving out of the concentrated leadership names, Nvidia’s results...

3:13 p.m. ET I had to take a moment and see how the market would shake-out after the FOMC initial...

1:19 p.m. ET I don’t know that there will be any surprises in the FOMC minutes from the late January...

11:32 a.m. ET Stocks are modestly building on yesterday’s declines and for the same reason – nervousness ahead of Nvidia’s...

Very little has changed since this morning. Most of the selling focus is on mega-caps, growth and semis – or...

1:12 p.m. ET It’s pretty much more of the same with a slight lower low in the averages since the...

10:32 a.m. ET It seems quite clear what the market is nervous about given the weakness in stocks while the...

3:15 p.m. ET It has mostly been a slow-going day; probably op-ex related, but we’re also seeing some of the...

11:18 a.m. ET Since the open, University of Michigan Consumer Sentiment Index for February came in at 79.6 , under...

It looks like Tuesday’s gaps are mostly all either filled or will be filled with maybe an exception here or...

12:10 p.m. ET Mega-caps are out of favor today, but many other stocks are trading higher with Small Caps continuing...

***This post was supposed to go out at 3:41 p.m. ET. I just saw that it did not publish.  ...