Intraday Update
1:48 p.m. ET The stock market is trading on a weaker note today. Downside moves at the index level have...
Early Update – Mega-Caps Providing Some Support, Cyclicals Weaker.
11:15 a.m. ET Since the A.M. Update, U.S. Factory Orders came in with headline US factory orders rising just 0.3%...
Afternoon Update
Well, I can’t say I’m surprised that today’s half-day session ahead of tomorrow’s Fourth of July holiday, has been a...
Stock Market Video Update
Here’s my most recent stock market video update. I’m wishing you all a very safe and happy Fourth of July....
Early Update – Light Holiday Market; Manufacturing Recession Deepens
11:03 a.m. ET So far this morning’s market is mixed and very little changed. It looks like the type of...
Afternoon Update
The NASDAQ-100 is up +15% for the quarter and up 38.75% for the year. It has been the best first...
Market Update
1:15 p.m. ET There’s virtually no change from the Early Update. The major averages are virtually the same, S&P sectors...
Early Update – Last Day of Window Dressing
11:21 a.m. ET The June University of Michigan Consumer Sentiment Index isn’t hurting the last day of the quarter’s sentiment....
Afternoon Update
The stock market is in the home stretch of today’s trading, respecting the mixed pattern seen since the open that...
Market Update
1:38 p.m. ET The market is seeing some stronger participation with 7 of 11 S&P sectors now in the green....
Early Update – GDP Sparks Cyclical/Value Rotation, But Not As Strong As I’d Expect
11:03 a.m. ET The third estimate for Q1 GDP saw a strikingly large, upward revision to 2.0% from 1.3% (consensus...
Afternoon Update
As we head into the close, the major averages are mixed and for the most part, VERY little changed. Small...
Market Update – 3C Charts
2:42 p.m. ET We’re still not seeing follow through from yesterday’s strong price action, and it’s a crucial place for...
Early Update
11:34 a.m. ET The market has been lacking conviction, mixed and somewhat directionless (or fluid) since the open as Powell...
Intraday Update
3:01 p.m. ET It looks like we may be hitting session highs for the day. I don’t see anything yet...
Market Update – Cyclical Bias and Window Dressing
1:57 p.m. ET As suspected in the Early Update, “…after more than a week of declines, it appears some averages...
Early Update
10:44 a.m. ET Mega-caps have been providing support since the open, but that may fade as some better than expected...
Afternoon Update
It’s been quite an interesting day after last week’s holiday shortened week saw small bear flags every day on the...
Market Update – Tech May Be Finding a Low Intraday
2:46 p.m. ET The major averages are between virtually unchanged, and quite mixed. NASDAQ-100 underperforms, while Dow Transports and Small...
Intraday Update – NASDAQ-100 Comes Down To Year To Date Measured Move
12:28 p.m. ET As I was writing the Early Update this morning, tone shifted from 9 of 11 sectors higher...