Window Dressing Winding Down?
1:35 PM ET Today’s push to fresh records has been encouraged by indications that officials from the U.S. and China...
Afternoon Update
The S&P made an initial pass at the Feb. record high and backed off. SPX (1m) – This looks like...
Market Update – Some Evidence of Window Dressing, But Shadow Fed Chair Plans Also in Play
1:45 PM ET One of the primary and surprising factors to drive trade today, which may have been hinted at...
Intraday Update
3:54 PM ET I have a little bit more information with regard to that last post. My first assumption was...
Afternoon Update – Some Movement on 3C
This is more of an intraday update, but we’re nearing the close. Mega cap are holding markets up today such...
Market Update – Not Great Follow-Through
1:25 PM ET Today is not off to the most impressive start as far as follow-through goes. Only two sectors...
Afternoon Update
The ceasefire is holding as Iran has reopened its airspace to commercial traffic. It looks like the strike on Iran’s...
Relief Rally
1:17 PM ET Ceasefire optimism and related safe-haven unwinds (e.g. – lower oil, lower volatility), as well as optimism that...
Iran Retaliates, Crude Oil Sinks.
1:57 PM ET It looks like the remainder of last Wednesday’s “opinion” forecast on the trajectory of oil prices is...
Retaliation Inbound?
12:55 PM ET Given the weekend’s events, the market opened with relative quiet, but it is a very fluid environment...
Typo- SPX $5800, Not $4800
Sorry about that, I expect the next stop is the bottom of the lateral range at SPX $5800, not $4800....
Afternoon Update – Next Stop, SPX $5800?
On the geopolitical front… The latest update is that the Nimitz carrier strike group arrives in the region this weekend,...
Options Expiration Price Pin
12:20 PM ET The major averages climbed out of the gate, but saw a steady retreat from highs, leaving the...
Intraday Update – Powell Presser Hawkish
The SPX is back below $6k, SPX (1m today) That’s not a big deal in terms of the price tren,...
FOMC Update
There were no ere were no changes to the Fed funds rate as widely expected. The red-line statement that compares...
Pre-FOMC Update
12:23 PM ET It’s a low conviction day with the FOMC drift in effect and the market grasping for tidbits...
3C Update
3:21 PM ET Yep, there’s additional movement on 3C charts. Keep in mind that the most sensitive 3C timeframes (shortest)...
Uncertainty Rising
1:32 PM ET Yesterday’s internals came very close to 1-day overbought with the right S&P sector performance and dominant price/volume...
Market Update
2:24 PM ET I’ve been checking in on a number of charts/indicators and my initial take earlier in the day,...
Market Update – Pendulum Swing
12:09 PM ET The relief rally related to uncertainty becoming certain, is underway. When you think of a conflict like...