Category: Intraday Market Update

3:23 p.m. ET It seems that Janet Yellen realized she singlehandedly sent the market careening lower from substantial gains, and...

1:36 p.m. ET I’m going to leave the initial charts I captured putting this post together but as I’ve been...

11:01 a.m. ET Index futures had a bearish look to overnight price action, but since the cash open, many of...

S&P futures are up +0.35%, but this is still a weak lateral-ish consolidation of yesterday afternoon’s Yellen losses. as investors...

There’s a lot to take in and not a lot of time to get this post out. The gist is,...

3:11 p.m. ET I’m surprised Yellen would put this out there in the middle of Powell’s presser, but she did...

I’m not going to get into the redline of this policy statement vs. the last and information is still coming...

1:40 p.m. ET The FOMC policy statement and SEP are out at 2 p.m. ET, and Powell’s presser at 2:30...

11:00 a.m. ET The market is treading water ahead of the FOMC, but mega-caps are still solid. SP-500 +0.1%, Dow...

Most of the averages are at or near session highs. Following up on the last post, it’s the mega-cap heavy...

1:54 p.m. ET Although the S&P and Dow have a modest technical achievement in both trading above their 200-day ma’s,...

11:33 a.m. ET Apologies. I had to make an unexpected, but needed visit to the Vet this morning for Emma...

There’s really not much change in tone on the day since the Early Update, except NASDAQ-100  is in the green...

2:0 p.m. ET Coming off a busy weekend of news, investors have been unwinding some of the trades that unfolded...

11:22 a.m. ET There is a clear market tone to the market this morning. It’s a rotational relief bounce. The...

1:49 p.m. ET NASDAQ is still the best and may even close up 5 consecutive days (every day this week),...

12:18 p.m. ET In the Early Update Small Cap IWM had not yet, but looked likely to test the support...

11:24 a.m. ET In economic data since the last update, Total industrial production was unchanged month-over-month in February (consensus +0.5%)...

The swing in today’s broad market tone has been pretty impressive and that’s in large part due to mega-caps strength...