Category: Intraday Market Update

Uncertainty looks to be the word of the day; whether tariff uncertainty, software stocks breaking down from their bearish consolidation,...

President Trump lashed out against the Supreme Court decision to interfere in his use of IEEPA to impose sweeping tariffs...

Stocks faced some choppy action, initially trading lower in response to this morning’s economic data (hotter-than-anticipated December PCE kept year-over-year...

The major averages remain little changed from previous levels, on course for a lower close that negates the bulk of...

The broader market is taking a step back after a solid “risk-on” session yesterday. Wednesday’s trade didn’t result in 1-day...

The ABI is currently at 12.39 with a couple of minutes to go. It looks like we’ll have a new...

Summing up the January FOMC Minutes with a word, “Cautious.” Overall tone was patient and cautious. Most participants viewed the...

As noted in the A.M. Update, ” The market has a little more optimistic feel this morning.” The hints are evident...

3C’s closing vibe is similar to Friday’s, though more focussed on the S&P and Nasdaq-100. SPY (1M) QQQ (1M) And...

While losses across mega-cap and tech names sent the major averages lower this morning, the SPX found technical support at...

It’s another fluid, fast-moving morning. In early trade the market picked up right where Friday Afternoon’s Update left off: what...

One of the most obvious takeaways today is yesterday’s one-day oversold internals producing a broad-based bounce, helped by a cooler...

Nearing the close, price action doesn’t look great. (5M) – the 100-day is just below, which could provide a speedbump/technical...

WTI is still holding its bullish consolidation. (60m) In my last update I mentioned that if you were interested, look...

The market’s momentum flipped quickly again today, from a relatively calm open to noticeable mid-morning selling pressure. I’m grabbing the...

Most averages are close to their unchanged marks. 3C’s intraday tone is leaning more neutral than yesterday. I’d characterize it...

Without posting 5 or 6 different 3C timeframes, it’s hard to round out the bigger picture and the reason for...

The strong January Payrolls report shifted things much more hawkishly, virtually pushing the first fed rate cut out to July...

Index futures tone early in the overnight session was calm and composed, consolidating Monday’s cash session gains. Tone turned jittery...

Apologies this post is not as organized as I’d like, but it hopefully conveys the expectations from the end of...