Category: Intraday Market Update

11:25 a.m. ET I expect the week will have a modest bullish bias, but dull as a holiday shortened week....

11:30 a.m. ET As suspected in the A.M. Update, “S&P futures are up +0.2%, but a little bump in rates...

3:01 p.m. ET I’m not a fan of dull days that aren’t actually doing something insightful. A consolidation day can...

11:28 a.m. ET What we’re seeing, despite favorable yields for stocks, is a market that struggles for direction without short...

S&P futures are unchanged. Negative reactions to earnings news from Walmart (WMT), Cisco (CSCO), and Palo Alto Networks (PANW) have...

Heading into the close, it looks like we’ll get that Small Cap, IWM daily shooting star which is also at...

2:25 p.m. ET Yields are trending slightly higher since the last update, still in the low double digits, but 1-2...

12:1 p.m. ET Yesterday was ugly for rates and perhaps even trend changing, but as I often warn, “One day...

2:57 p.m. ET Before I post these charts, first, there’s nothing so wrong with them that they are actionable downside...

12:09 p.m. ET The prior two months of CPI came in hotter than expected, and this month’s (October CPI) was...

3:30 p.m. ET Today is one of those days that the market doesn’t have much to move it, and it’s...

11:54 a.m. ET Yields and the dollar have softened up since pre-market and that’s helping tone in stocks improve in...

12:17 p.m. ET Again, this morning is a fluid market, going from S&P sectors almost evenly split to 10 of...

2:52 p.m. ET So far we’ve just hear Powell’s prepared remarks, there’s a Q&A session later. The initial take is...

Here’s the link to the live event, Powell speaking on Monetary Policy Challenges in a Global Economy. It’s just starting...

12:21 p.m. ET Once again, the averages are missing the opportunity to take the dead flat price percent changes and...

3:28 p.m. ET Most of the averages are unchanged except Small Caps. This is what 3C has been telling us...

12:23 p.m. ET There’s a lot to cover this morning and the market has been fluid as I’ve bene writing...

2:46 p.m. ET While we have seen a pattern of clear distribution in the mega-caps since mid-June, and if you...

11:59 a.m. ET The theme this morning is one that we’ve seen most of the year, except the majority of...