The Day So Far… Tone Improving
1:37 p.m. ET Early on, worries about the health of the banking sector weighed on the S&P 500 and Dow...
Market Update – Improving Tone- NASDAQ-100 Breaks Out
Fed rate hike expectations remain almost as volatile as bonds. After the ECB’s 50 bp hike (rather than a 25...
Early Update – Mega-Caps Outperform, Small Caps Weak
10:10 a.m. ET Small Caps underperform and mega-caps lead to the upside leaving NASDAQ-100 the best at unchanged on the...
ECB Decision
The European Central Bank raised rates by 50 basis points, as expected, saying that “Inflation is projected to remain too...
Afternoon Update
There’s not too much change since the last update, except a short time ago, Swiss National Bank said “Credit Suisse...
Intraday Update
2:50 p.m. ET I actually started this post before the shift in tone started to become a shift in price...
Intraday Update – Mega-Caps & Tech as Small Caps Test The Week’s Low
12:28 p.m. ET While Small Caps are still ugly, the NASDAQ-100 is moved toward unchanged on the day, coming within...
Early Update – Some Important Tests Are Coming
10:53 A.M. ET Banking contagion has reached the shores of Europe and it couldn’t have hit a more opportune bank...
A.M. Update -Shades of 2008
The relief rally has turned into ugly risk sentiment. S&P futures are down -2% as the banking crisis rears its...
Afternoon Update
The main market averages are mostly green with the Dow (+0.65%) the laggard and Transports (-0.85%) weaker, but the benchmark...
Market Update
2:39 p.m. ET It’s funny that I’ve long known that the most analysis intensive days are not when the market...
Early Update -Sentiment Shifts To Relief Rally
11:12 a.m. ET This morning there’s a clear change in sentiment. The tone is that of a relief rally after...
Afternoon Update
There’s really nothing new to report until the close and I run through my scans. It doesn’t seem there was...
Defensive and Mega-Caps Leading – Averages Improving
2:37 p.m. ET There’s not much change since the early update. The averages are still mixed with NASDAQ-100 outperforming as...
Early Update- Stock Market Mixed, but Strength Emerging
11:00 a.m. ET The stock market has experienced some volatile action to kick off the new week as uncertainty around...
Quick Update
2:09 p.m. ET The Regional Banks haven’t made a lower low and I’m seeing some (1m) positive 3C divergences in...
Intraday Update
1:37 p.m. ET It’s still an ugly and volatile day. Since the Early Update the the S&P, Dow and NASDAQ-100...
Link to Saturday Morning’s Live Stream Market Analysis
Join me tomorrow, Saturday, March 11th at 10:30 a.m. ET for my Live Stream market analysis on YouTube. you can...
Early Update – VERY Interesting Environment
10:37 a.m. ET With the Payrolls report and the SVB banking issues, it’s hard to tell what’s driving what, but...
Afternoon Update
It’s been a strange day thus far with bonds rip-roaring higher, yields near flash crashing lower (almost as if someone...