Intraday Update
12:33 p.m. ET Here’s a quick update… SP-500 +1%, Dow +0.9% (Transports +0.5%), NASDAQ-100 +1.55%, Small Caps +0.95% The S&P (and...
Early Update
10:22 a.m. ET The averages remain in bullish consolidations with Friday’s price action confirming their lower support trend lines. SP-500...
Another Interesting Development : High Yield Credit
1:29 p.m. ET In the last post I showed how the major averages continued to respect the confines of bullish...
Intraday Update – Consolidations hanging in there. TSY’s May be Changing
12:59 p.m. ET The averages have started to settle into a narrow intraday trading range (less than three-quarters of a...
Saturday Livestream Event
I’ll be hosting another livestream event on YouTube tomorrow, Saturday February 11th at 10:00 a.m. ET. I’ll be covering the...
Early Update – Bullish Consolidations Intact
10:55 a.m. ET Index futures were off to a worse start earlier before the cash open and that could have...
Afternoon Update Update – Yields @ Session Highs Drag Averages to Session Lows
3:45 p.m. ET The averages have legged lower with higher yields. SP-500 -0.95%, Dow -0.8%(Transports -2%), NASDAQ-100 -1.1%, Small Caps...
Market Update
1:32 p.m. ET The stock market started today’s session with a distinct bullish bias, yet the bulls have been corralled...
Early Update – Price Action Affirming Bullish Consolidations
10:23 a.m. ET Treasury yields have been coming off morning lows, which may stall the averages a bit, but they...
Afternoon Update
That 10-year Treasury auction at 1 p.m. that we saw hints of something interesting happening just before it, and a...
Follow Up of – Getting Some Movement at the Long End of Fixed Income
1:26 p.m. ET SP-500 -0.65%, Dow -0.2% (Transports -0.4% and still in a beautiful bullish pennant), NASDAQ-100 -1.3%, Small caps...
Intraday Update – Getting Some Movement at the Long End of Fixed Income
12:27 p.m. ET SP-500 -0.9%, Dow -0.45% (Transports -0.55%), NASDAQ-100 -1.5%, Small Caps -1.2% I’m noticing some movement at the...
Early Update
11:15 a.m. ET Since the pre-market update, NY Fed President John Williams (FOMC voter) said financial conditions are in line...
Afternoon Update
3:38 p.m. ET The main indices have been climbing back towards session highs recently. Small and mid cap stocks are...
Intraday Market Update – Powell Pop and Peel Back, and Bounce from $4100 Again
2:29 p.m. ET The market popped to session highs as Powell spoke and neared some breakouts from bull flags in...
So far Pretty Dovish – Averages Breaking Out
12:56 p.m. ET A few highlights that have stuck out to me from Powell, “Financial conditions have tightened.” “Financial conditions...
Powell On Cue – Here’s the Link
12:28 p.m. ET Powell is set to begin his “Conversation with David Rubinstein” before the Economic Club of Washington D.C....
Early Update – In Consolidation Ahead of Powell
10:38 a.m. ET I don’t want to sound like a broken record, but the averages remain in consolidation (with a...
Afternoon Update
3:46 p.m. ET The major averages have been moving laterally in fairly narrow trading ranges for a good chunk of...
Intraday Update
1:33 p.m. ET SP-500 -0.65%, Dow -0.15% (Transports -1.15%) NASDAQ-100 -0.8%, Small Caps -1.5% There’s not much in the way...