Category: Intraday Market Update

1:13 p.m. ET Being there’s virtually no conviction ahead of the Fed Wednesday, it seems the market might as well...

10:54 a.m. ET The NAHB Housing Market Index dropped to 45 in September (consensus 50) from 50 in August, making...

1:50 p.m. ET SP-500 -1.1%, Dow -0.7% (Transports -0.5%), NASDAQ-100 -1.7%, Small Caps -1.2% Yields aren’t up that much right...

11:32 a.m. ET The preliminary reading of the University of Michigan Consumer Sentiment Index for September came in at 67.7...

2:33 p.m. ET Yields aren’t up huge, but the 2-yr is up +2 bp just above 5.00%, the 10-yr is...

11:25 a.m. ET Yields moved back toward the the highs of the brief spike around this morning’s PPI  early in...

3:29 p.m. ET Overall it’s still a dull day in terms of any notable developments with regard to the bear...

12:17 p.m. ET CPI was a non-event, which leaves tomorrow’s PPI the most important economic data point for the rest...

The averages are either in bear flags like the Dow or Small Caps… (5m) Or they’ve started to break under...

11:08 a.m. ET The bear flags remain in all of the averages with some extra validation of the trend lines...

3:25 p.m. ET Just a quick note. As we head into the close, the S&P is currently sitting above its...

1:27 p.m. ET We still have those bear flags as suspected at the end of last week. Specifically the expectation...

10:53 a.m. ET SPX +0.45%, Dow +0.25% (Transports +0.45%), NASDAQ-100 +0.6%, Small Caps +0.7% First things first, as suspected, the...

3:18 p.m. ET It feels like it may be a hectic close. Several of the bear flags are breaking down,...

1:48 p.m. ET Today feels a bit more like the holiday shortened week’s typical dull trade, but it’s not benign...

10:50 a.m. ET The gist of this morning’s trade thus far are the broader consolidations I talked about Wednesday night...

So far all of the averages are running perfectly parallel bear flags – I see this every time with bear...

2:37 p.m. ET The Dow Jones Industrial Average holds a modest gain, but the overall tone is negative. The other...

11:53 a.m. ET A lot, if not most of those small intraday bear flags from yesterday broke this morning, Apple...