Category: Intraday Market Update

Over a month ago the price charts gave me a measured move target for WTI Crude Oil futures. I believe...

253 PM ET I feel like it’s important to separate the news from the market’s price action but obviously there...

1:06 PM ET Last night I commented on The US dollar index and treasury futures both seeing some flight safety...

As we head into the close, the divergence continues at about the same pace. SPY (1m) the red circle is...

2:42 PM ET I don’t see this as a huge deal but there are some intraday negative divergences this afternoon....

137 PM ET The stock market has a mixed complexion, although moves to the upside and to the downside at...

Things are only getting uglier especially since news that the State Department is preparing to order all nonessential personnel to...

2:36 PM ET As suspected, the London trade talks look to be a sell the news event. 3C charts are...

 1:20 PM ET More details and a clearer picture are emerging from the US China trade talks in London. Trump...

2:25 PM ET Just a quick update before i go to get my labs done. Today’s $58 bln 3-yr note...

12:51 PM ET Today’s market tone remains modestly bullish, consistent with yesterday, driven by short covering. Stocks seem eager to...

The trading day started with some anticipation related to trade talks between representatives from the U.S. and China, but it...

We’ve been watching WTI crude oil for quite a while, transition from pretty bearish action to a “W” base with...

1:11 PM ET Not much change today in general trends. Last week I said the bulls still had control of...

It’s was a decent day for the market, but it doesn’t move the needle. SPX (3m) closed $0.34 from $6,000...

1:28 PM ET Stocks ,yields and the dollar are up today. Remember that there is a positive correlation at present...

Things are going into overdrive on social media between Elon Musk and president Trump. I won’t get into the details...

1:24 PM ET The market has overcome some disappointing economic data to head to SPX $6k. Most notably, the productivity...

The S&P 500 continues to sport a modest gain, having seen its attempt to reclaim the 6,000 level run into...

1:20 PM ET There’s a lot to take in today, mostly in conflicting economic data in the form of ISM...