Category: Intraday Market Update

12:00 PM ET The immediate cash open looked pretty good, then came tariff negotiation news between the U.S. and EU....

  The market-cap weighted S&P 500 holds a 1.25% gain and the equal-weighted S&P 500 trades 1.55% higher. The difference...

3:07 PM ET From April 9th’s Daily Wrap, “Price action has been exceptionally volatile and not orderly so its difficult...

12:29 PM ET It’s another fluid market start. I expected a stronger start as of the weekend video, but that...

The market didn’t get much more than a knee-jerk reaction out of the Fed’s Collins headline so far, because while...

1:59 PM ET In my last post I wrote, “If the Fed steps in with some kind of bailout or...

11:58 AM ET There are or have been some ugly signs of stress in the system this morning, especially yields,...

3:06 PM ET I’m not sure if the market would have preferred a weak 30-yr auction (Fed may be forced...

OK, so there’s huge difference between yesterday’s 10-yr auction (that saw President Trump reduce most tariffs just 18 minutes after...

I need to adjust my posts to the rapidly changing environment that is the Trump administration. I wrongly assumed we’d...

12:20 PM ET *Due to rapidly changing developments, I’m going to let early analysis and subsequent developments stand as a...

Today is going to end up being a very bullish day, likely kicking off additional gains over coming days and...

2:47 PMET Market tone has improved dramatically since Trump’s tariff tweet. Why? It takes uncertainty off the table, at least...

1:29 PMET Markets are rising quickly, not on the 10-yr auction, but the latest Trump tweet on Truth Social…. although...

Results from the 10-yr Treasury auction at 1 p.. are in and they’re mixed, but present evidence of a major...

The averages are pretty similar in terms of testing near measured moves/week’s lows. SPX (15m) DJIA (15m) NDX (15m) Small Caps...

11:36 AM ET S&P sectors are mixed with 5 up and 6 down. The Technology sector (+1.3%), Mega Caps (+0.9%)...

Despite today’s pretty extreme intraday price volatility in the stocks, which is a function of elevated volatility levels, I’m still...

1:20 PM ET It’s another fast moving session with information changing quickly. I’ll leave some charts the way they are...

The two most important/influential averages reached second leg down measured moves early in the cash session. If we stick with...