Category: Intraday Market Update

Heading into the close, it looks like we’ll get that Small Cap, IWM daily shooting star which is also at...

2:25 p.m. ET Yields are trending slightly higher since the last update, still in the low double digits, but 1-2...

12:1 p.m. ET Yesterday was ugly for rates and perhaps even trend changing, but as I often warn, “One day...

2:57 p.m. ET Before I post these charts, first, there’s nothing so wrong with them that they are actionable downside...

12:09 p.m. ET The prior two months of CPI came in hotter than expected, and this month’s (October CPI) was...

3:30 p.m. ET Today is one of those days that the market doesn’t have much to move it, and it’s...

11:54 a.m. ET Yields and the dollar have softened up since pre-market and that’s helping tone in stocks improve in...

12:17 p.m. ET Again, this morning is a fluid market, going from S&P sectors almost evenly split to 10 of...

2:52 p.m. ET So far we’ve just hear Powell’s prepared remarks, there’s a Q&A session later. The initial take is...

Here’s the link to the live event, Powell speaking on Monetary Policy Challenges in a Global Economy. It’s just starting...

12:21 p.m. ET Once again, the averages are missing the opportunity to take the dead flat price percent changes and...

3:28 p.m. ET Most of the averages are unchanged except Small Caps. This is what 3C has been telling us...

12:23 p.m. ET There’s a lot to cover this morning and the market has been fluid as I’ve bene writing...

2:46 p.m. ET While we have seen a pattern of clear distribution in the mega-caps since mid-June, and if you...

11:59 a.m. ET The theme this morning is one that we’ve seen most of the year, except the majority of...

We have a little divergence between the strong correlation that’s been driving equity prices for quite a while, but it’s...

1:33 p.m. ET As already mentioned in the Early Update, the NASDAQ-100 followed in the S&P-500’s footsteps and met the...

11:30 a.m. ET As we saw Friday, traders using 3x leveraged/long short ETFs were on the move as 3C charts...

3:38 p.m. ET Yields and the dollar are still supportive and equity prices are tracking pretty much in lockstep with...

1:33 p.m. ET Further U.S. Dollar weakness (-1.05%) and continued/accelerated short covering are driving gains. The averages are trading fairly...