SPX $5700 Measured Move Met
12:59 PM ET It’s another busy morning with a lot of moving parts, which of course are effecting the market....
Afternoon Update
The charts aren’t looking amazing as far as new signals, there’s a little something going on intraday this afternoon. Still...
Chaotic Market at Critical Levels.
12:44 PM ET It has been yet another busy, volatile day so far with ugly tone after yesterday’s 1-day overbought...
Perhaps a Game Plan Into NFP
2:55 PM ET After speculation from yesterday afternoon and earlier this afternoon, the White House has given a 1-month exemption...
One-Day Oversold Internals Kick In
1223 pmet Some better economic data this morning is taking the edge off growth concerns, although investors still wait on...
Afternoon Update – Tech Sector Taking The Lead
This afternoon’s closing trade is fairly fast-paced. For all intents and purposes, the SPX met my measured move. On a...
SPX Within 0.15% of Measured Move Target
12:43 PM ET Last night I warned that a break of USD/JPY $148.50 would exacerbate deleveraging flows via the carry...
Uglier
320 pmet I don’t know if timing of recent news has a role in the increasingly ugly market action, led...
Semis Weighing on Tech
1:59 PM ET Semis (SOX -1.9%) are weighing on the Technology sector (-1.5%), and thus the broader market. SOX (10m)...
Market Update – Consolidative, Short Term Trend is Down, Economic Data Worse
1:02 PM ET This week’s focal points “should” be tariffs and any last minute negotiations; President Trump will address a...
Afternoon Update
What a month February has been, and it all kicked off with market breadth telling us there were problems as...
Working Off Oversold Conditions As Atlanta Fed’s Real Time GDP Tracker Signals Recessionary Conditions
153 pm ET There’s a lot happening today, from economic data, the latest Atlanta Fed real time GDP tracker signaling...
Afternoon Update
Here’s our price trend, using the tech heavy Nasdaq since that is the epicenter of selling… NDX (15m) based on...
Market Update – Nvidia Ugly, Market Threatening Second Leg
2:47 PM ET Perhaps Nvidia is the catalyst after all. Ideal bearish consolidation would have taken a little more time...
Nvidia Weighing On The Cap-Weighted Averages
12:13 PM ET While it seemed clear to me yesterday, President Trump clarified some misspoken tariff dates this morning which...
Early Update
10:26 AM ET President Trump clarified tariff dates that he got a little mixed up yesterday. I included the right...
Afternoon Update
Not much has changed since the last update… certainly nothing that changes the outlook, and nothing that has the potential...
Intraday Update – Larger Flag?
2:57 PM ET At the top of the last update I highlighted what was then, the most recent news, that...
Market Update
12:57 PM ET We’ll cover the market from the open, but just moments ago as President Trump answered a report’s...
Intraday Update
2:44 PM ET “Most of the averages closed below technical levels that held at Friday’s close. Late day selling, the...
