Category: Intraday Market Update

1024 AM ET Another decline into the cash open and it looks like S&P futures are set to test $6100...

I just walked in the door and figured I’d do my best to get out an afternoon update. S&P futs....

2:16 PM ET I have to run to take my mother to a doctor’s appointment. I’ll be back for the...

12:33 PM ET Hopefully no one got lulled into a sense of complacency with the recent dullness in markets. This...

The averages are fairly little changed (-0.35% to +0.2%) and mixed. Intraday tone has improved as the session has gone...

245 PM ET “Participants indicated that, provided the economy remained near maximum employment, they would want to see further progress...

12:52 PM ET As mentioned last night, index futures we’re bumping into resistance from yesterday’s pre market in early overnight...

  Gold futures (+1.75%) are acting well after some higher volatility Friday. (30m) I’m all for consolidations, especially after a...

12:42 PM ET Several mega caps sold off at the open. Among the more notable are Meta and Amazon, dragging...

* I’m going to get this post out a little earlier than usual just so you have time to consider...

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,...