Category: Intraday Market Update

The storyline is familiar. Equity investors cling to a seemingly endless spring of hope for a peace settlement in the...

Beyond Tech/Semis’s strong rally, Volatility’s relative strength is notable, as is the third ABI signal in 4 days and the...

  I’m not going to get into the full list of “Baffle-em with bullsh*t” sins contained in the Employment Report,...

There are reports of explosions in Bandar Abbas, Qeshm, and Sirik on Iran’s southern coast; Iranian drones flying over Tehran,...

Participation is horrible today. Outside of the three mega cap-heavy sectors, everything else is down, and even the mega cap...

On the topic of Axios’ Barak Ravid and his uncanny habit of dropping market-boosting, positive war-related headlines right before the...

ABI looks like it’s going to post a closing sub-14 signal, currently at 12.35 as we near the close. An...

U.S. Official Statements on the Ceasefire: Trump administration officials reiterated that the U.S.-Iran ceasefire is still holding. When asked at...

The market had been trading with decent participation this morning, but low conviction and small price-percent changes among the averages...

The major averages are mixed into the close. Price action in mega cap-heavy, cap-weighted S&P and Nasdaq-100 looks good. SPX...

There’s some crazy things happening this morning.  WTI Crude plunged from $104 to $100 is 75 minutes. Yields of course,...

The S&P 500 (+1.0%), Nasdaq (+1%), and DJIA (+1.6%) continued to climb to new session highs this afternoon. Behind the...

Big day of developments. There were plenty of fascinating, and at times downright strange, developments overnight and this morning. Overnight...

Powell announced that he will continue to serve as a governor for a period of time after his term as...

FOMC held rates unchanged, but with a rare 4 dissents (1 dovish, 3 hawkish). The lone dovish dissenter (Miran) has...

Oil prices are moving higher, and Treasury yields along with them as as U.S. prepares for extended blockade of Iran....

WTI crude up +3.6%, but fighting against the invisible hand right at $100. There is a tight bullish symmetrical triangle...

The WSJ OpenAI feature couldn’t have come at a worse time for mega cap hyperscalers reporting earnings this week, and...

On the geopolitical front, Iran has reportedly sent a new proposal to the U.S. that would reopen the Strait of...

*As I was finishing up this post, some developments broke with respect to the conflict with Iran. It would take...