Category: Intraday Market Update

220 p.m. ET I’m getting a lot of messages inquiring about the level of the ABI so I thought I’d...

1225 p.m. ET Beyond a massive decline in Retail Sales… Import/Export prices showed that there was inflation, as opposed to...

321 p.m. ET The president’s update on reciprocal tariffs has been received well by the market. The Dow Jones Industrial...

211 p.m. ET I think we were all expecting a 1 p.m. news conference from President Trump. Hasn’t happened, but...

12:39 p.m. ET Today has been a busy day already (mostly on the political and geopolitical fronts, but economic data,...

It’s been an interesting day with inflation coming in hotter than expected, the Republican House of Representatives budget and tax...

103 p.m. ET This certainly won’t help the next CPI report…...

1259 p.m. ET There’s a lot of movement so far today. It’s not just CPI, but Powell speaking and several...

  It’s still a pretty quiet, mixed day for the major averages with Small Cap underperformance. SPX 0%, DJIA +0.25% (Transports...

1231 p.m. ET I’m trying to multi-task this morning, listening to Powell’s testimony before Congress (day one of the 2-day,...

There’s been very little movement in the averages, S&P sectors or style factors since the earlier market update. (2m) There...

1240 p.m. ET Friday the market was getting ugly and looking like an ugly Monday morning in what’s become a...

The stock market started the session on neutral footing. The major indices were moving higher early on, bolstered by mega...

1257 p.m. ET I didn’t want to get too much into the Payrolls report given there’s a lot to pour...

302 p.m. ET Here we are in today’s “slowed”, virtually flat market… SPX (1m) today in yellow. SPY’s (1m) short-term...

1215 p.m. ET Yesterday afternoon 3C showed that price momentum was fading in the post, “Slowing..” So far this morning,...

Gold added to its gain today. I don’t love the volume. Gold futures (3m) I think the best thing Gold...

257 p.m. ET Hot-Take incoming… The 10-yr yield is down -9bp (2-yr down -3bp). There’s an economic growth scare taking...

1254 p.m. ET We got a lull in trade war related news yesterday. That has ramped back up today, and...

Alphabet (GOOG +2.85%) trades up ahead of its earnings report this afternoon. Along with a gain in Meta Platforms (META...