Category: Intraday Market Update

11:46 a.m. ET I remember early on in my market career, not understanding why the market would rally on weak...

Just a quick reminder… Stocks are at session highs, the S&P is just shy of a half a percent away...

2:29 p.m. ET Stocks continue to have a strong showing today with the 10-year yield down double digits (-12 bp),...

11:37 a.m. ET It’s not hard to understand why the averages are up this morning, the bond market and FX...

We may get 1-day oversold conditions today, we’ll have to see what the price/volume relationship is. What I’d like to...

3:45 p.m. ET The FOM/Powell basically said nothing new from the last meeting. The market likes, “Nothing”. The Dollar Index...

2:26 p.m. ET The Fed doesn’t hike and holds at the 5.25%-5.5% corridor as expected. There was less than a...

1:38 p.m. ET Earlier gains in the market have moderated the closer we et to the FOMC. Today’s theme is...

11:52 a.m. ET Stocks are gaining as yields continue to fall. That’s put the mega-caps back into a position of...

As you know from last week, Yields consolidating offered some support to the averages coming in to this week, much...

It’s a pretty slow day, but Value stocks (+0.75%) have a performance edge over Growth stocks (+0.25%), thus the mega-caps...

11:33 a.m. ET Mega-caps aren’t providing the leadership today that they did yesterday. Although Treasury yields are currently mixed, they...

3:44 p.m. ET SP-500 +1.25%, Dow +1.7% (Transports +2.2%), NASDAQ-100 +1.2%, Small Caps +0.75% The S&P is green for only...

11:53 a.m. ET This morning looks typical of an oversold or relief bounce. The relief bounce would likely be related...

Since early last year, I’ve brought u the concept of, “When the missiles fly, it’s time to buy”, and how...

11:46 a.m. ET This morning we have something of a flip-flop between yesterday’s leaders/laggards, no doubt due in large part...

In to the final hour of trade, the market turned lower and broadly so. I don’t see a specific news...

2:48 p.m. ET Treasury yields were already down decently, but slid to new session lows following a strong 7-year Treasury...

11:42 a.m. ET What’s clear about this morning and this week’s trade is that the market generals, the mega-caps, are...

The NASDAQ-100 came within 0.45% of $14,300, a small intraday bear flag’s measured move. In the last intraday update, I...