Category: Intraday Market Update

Most of the averages are making an attempt to breakout of the week-long bullishly-biased consolidation. SPX (10M) Price action doesn’t...

I’m not going to say there’s anything that stands out as, “Jumping off the chart,” in terms of market signals,...

It’s the influential Technology sector’s turn to lead today, but more specifically, the Semiconductors. The major averages, however, remain in...

Tomorrow’s CPI appears to be supporting Treasuries and helping keep yields relatively stable (ranging from unchanged to down about 2...

It has been a pretty dull, muted session thus far… consolidative, as it has been for a week now. Some...

The averages are mostly little changed following through to start the new week with consolidative tone, though trading modestly lower...

About an hour before the close, U.S. officials leak some positive news: US Official: Progress Between Oman And Iran On...

The July jobs report was classic “bad news is good news.” Investors are looking at the numbers and seeing basically...

The price consolidations I mentioned earlier are all still intact. Oil has moved higher, up almost +4% A few minutes...

  Averages SP-500 -0.15%, Dow -0.75% (Transports -0.3%), NASDAQ-100 -0.3%, Small Caps -0.3% The averages continue the price consolidations noted...

Parts of Technology are posting weaker 3C charts near the close. I first notice Nasdaq/QQQ QQQ (2M) 3C is moving...

There’s a lot happening on the geopolitical front with the Hormuz deal, but not a lot happening in the equity...

The price action since the open is not pretty. S&P futures (1M) I’m still digging through the market, but Semis...

I wrote about CTA’s going neutral to slightly long this week after selling last week. Today certainly has the look...

Monday’s session belonged to the Magnificent Seven; today the ball is firmly in the Semiconductor stocks’ court. Both are extremely...

I wanted to check in on the charts closer to the close and my view from the last post is...

We ended last week with Friday’s market update and afternoon update’s takeaway: “In short, I think the bounce that started...

As I finish up the full broad market update, I wanted to get this note out quickly. The bounce called...

Amazon (AMZN +15.45%) is trading impressively, lifting the Consumer Discretionary to the top performing sector. Meanwhile,  Apple (AAPL -9.25%), which...

I’ve been thumbing through the 3C chart and the bounce looks to be in stable condition. VVIX still displays short-term...