SP-500 Testing $3800 AGAIN and a Few Other Observations
1:39 p.m. ET SP-500 -0.75%, Dow -0.5% (Transports -0.25%), NASDAQ-100 -1.1%, Small Caps -0.65% A couple of interesting points. First...
Quick Update – Communications Sector Change in tone (positive)
11:55 a.m. ET Tesla has been almost a bellwether for the mega-caps in December – if you don’t know, t...
Early Update – volatile, but more exciting start to the new year
10:40 a.m. ET The averages got off to a stronger start, but have since faded gains as they’ve come into...
Afternoon Update
Tone continues to improve as we head into the close. HY Credit (HYG +0.05%) just went green on the day...
Intraday Update
3:16 p.m. ET We’re getting fairly close to the US close and the end of the year, but there is...
Market Update
2:03 p.m. ET It’s another downtrend session for the stock market in an overall disappointing December. The broader market and...
Early Update
10:38 a.m. ET The mega-caps led the market higher yesterday, and lower overnight and thus far into the cash open....
Afternoon Update
I’m back from the Doctor. I appreciate your understanding. I always try to make appointments so they won’t interfere with...
Intraday Update – Strong Tone Continues
11:54 a.m. ET *I have a doctor’s appointment at 1:45 and about 30 mins of driving, so I’ll likely be out...
Early Update -Mega Cap Leadership
10:14 a.m. ET We have another decent looking open, a bit better than yesterday’s but some similar themes, like mega-caps...
Afternoon Update
I hate to keep telling you that it’s a dull market (in terms of market signals) as it has largely...
S&P Successfully Tests $3800
1:18 p.m. ET The S&P is back above $3800 and it’s creating an interesting fractal scenario. You may or may...
Quick Market and TLT Update
12:21 p.m. ET First, the S&P is testing below $3800 similar to last Thursday, but not yet at last Thursday’s...
Intraday Update – Tone Shifts Negative, S&P to Test $3800 Again
11:45 a.m. ET Tone shifted quickly from a more positive start, to ugly. From mega-caps providing modest leadership to the...
Early Update
10:25 a.m. ET Market tone is off to a slightly better start this morning, whether it be Tesla (TSLA +3.1%)...
Afternoon Update
The day is mixed for the averages and S&P sectors, but with a more bearish leaning tone, although still quite...
Intraday Update
2:01 p.m. ET The market is trading in mixed fashion on this holiday shortened week. Higher yields are weighing on...
Early Update – Volatile Start As Yields Rise
10:36 a.m. ET Index futures deteriorated ahead of the opening bell as TSY yields rose. Mega-caps are under pressure again...
Afternoon Update
This is going to be my last post of the day. I may have a video out this weekend, depending...
Intraday Update
1:46 p.m. ET Even on days the market has moved in percentage terms it’s been a very dull week from...