Market Update – The Test of Cyclical, Value & Small Cap Rotation Is Coming
12:33 p.m. ET We’re getting some follow-though on yesterday’s Cyclicals over Mega Cap Tech, and Value (+0.8%) over Growth (0%),...
Afternoon Update
NVIDIA (NVDA +0.45%) shares are on track to close higher after a volatile session in response to earnings. For now,...
Intraday Update
215 p.m. ET Many stocks are moving higher today with NYSE advancers 4-to-1 over decliners and breadth oscillators climbing into...
Ethereum & COIN
12:12 p.m. ET While bitcoin’s breakout yesterday is looking good today, we’ll still need to make sure price holds and...
Early Update – Nvidia Failed To Spark Risk On, Now Cyclicals and Small Caps Try.
11:09 a.m. ET Nvidia swing from up +4.8% near the open… NVDA (1m) to down -1% Economic data: Initial jobless...
Nvidia Earnings
4:34 p.m. ET They just cam out at 4:20 so it’s still very early in the process. They pretty much...
Afternoon Update -Stocks Move higher Into the Close Ahead of Nvidia earnings After the Bell
I’m going to get this post out a little earlier than normal. The market isn’t giving away anything on Nvidia’s...
Market Update Pre-Nvidia Earnings
2:23 p.m. ET As the market was selling off Friday and at session lows, 3C went positively divergent (in the...
Commodities & Gold Update
1:08 p.m. ET The Dollar Index is up +0.55%, that typically puts some pressure on commodities, and precious metals, especially...
Second Verse, Same As The First – Geopolitics Flare Up Again
1103 a.m. ET Stocks sold of just before the cash open, then into the cash open. The culprit… Ukraine firing previously banned...
Afternoon Update
The stock market has largely shaken off geopolitical tensions and gone back to plan – consolidate (bearish bias) ahead of...
3C Update, Nvidia & The Averages
12:31 p.m. ET Futures were impacted overnight as you already know, but in the cash session, 3C is confirming the...
Early Look – Averages Bouncing Back Toward Yesterday’s Consolidation Areas
11:01 a.m. ET I was worried about this in the near-term, as I posted yesterday on Twitter/X. https://x.com/WOWSTrade/status/1858562079830982679 However, since...
Afternoon Update – Consolidation in Effect, Should Continue Tomorrow
Heading into the close, we’re getting some better fleshed out consolidations with Treasuries near session lows. I’d still favor giving...
Semiconductor (SOX) Update
2:36 p.m. ET As I wrote in last Wednesday’s Semiconductors (SOX) Testing 200-day in talking about my 3 favorite places...
Market Update – Consolidative So Far
1:30 p.m. ET Other than 1-day oversold internals on Friday and the modestly more positive shift in short-term 3C charts...
URA Bull Flag Breaking Out
1137 p.m. ET I updated URA in which it tested resistance — an important next step resistance level, but not...
Gold Testing Above $2600
Gold’s $2600 was and still is a key level of potential support. Price is trading above $2600 ($2618) and early...
Early Update – Early Look At Consolidation
1025 a.m. ET It’s way too early in the session to draw anything definitive from so little price action, but...
Not a Flag
1135 a.m. ET The New York Fed Empire State Manufacturing Survey for November checked in at 31.2 , blowing away...