Category: Intraday Market Update

The S&P is about 0.4% above $3600. The Dow is +0.35% above its bullish ascending triangle consolidation and the $36,200...

1:47 p.m. ET The S&P is about 0.35% above $4600. SP-500 10m) The question you may wonder about (as do...

11:29 a.m. ET Most of the averages are hovering around unchanged to start the week with some key data (CPI...

11:53 a.m. ET According to Godman’s Payrolls matrix, the market should be flattish today, a quarter percent on either side...

Yields are mixed/flattish. The major averages are green with the benchmark S&P +0.75% and most of the other averages the...

12:13 p.m. ET I’ve expected a lot of cross currents in December and many conflicting ones. We have one in...

3:39 p.m. ET As I started this post, the three major indices were trading near yesterday’s closing levels after fading...

12:04 p.m. ET I am seeing some very interesting developments this morning, which started as another mirror reversal of yesterday,...

3:38 p.m. ET I’ve been relatively quiet as it’s been a relatively quiet day of narrow consolidation-like trade.  The S&P...

12:44 p.m. ET We’re seeing a bit of a mirror flip of yesterday’s dynamics from the laggards and leaders to...

The market remains bifurcated. On one side (mega-caps and their related sectors like Tech) are notably weak. In fact tonight...

12:41 p.m. ET Out since the last update, U.S. Factory Orders Fell -3.6% (consensus -2.6%) after a downwardly revised 2.3%...

10:11 a.m. ET It’s a very bi-polar market this morning. SP-500 -0.65%, Dow -0.3% (Transports +0.45%), NASDAQ-100 -1.1%, Small Caps...

There’s a lot of thoughts put together quickly and I haven’t re-read or spell checked so please forgive any weirdness...

3:27 p.m. ET Just a quick update as I’m writing the Afternoon Update. The averages have gone into a small...

I don’t think this format offers much that could possibly spark new, market moving comments from Powell, unless he’s seen...

1:20 p.m. ET Today is the last day we’ll be hearing from Fed officials as the media blackout period ahead...

11:41 a.m. ET We got some more economic data at 9:45 and 10 a.m. and the net effect was to...

We’re not closed yet, but I like this rebound, this strong, wide daily candle and the heavier volume. URA (daily)...