Category: Intraday Market Update

11:26 a.m. ET The stock market opened somewhat weak, but little changed from the flat line as market participants digest...

I’m watching the cash market and index futures, and so far I’m a bit surprised they haven’t moved off the...

2:29 p.m ET I’m not quite sure why yet, other than the bullish leaning consolidations, but over the last 20...

While the mega-caps are weighing down the broader market, sparked by a decline in META/Facebook (-6.4%), High Yield Credit (a...

10:52 a.m. ET The Communications sector, the mega-caps and averages more broadly are being pressured by a report from the...

3:41 p.m. ET SP-500 (15m) is currently a bit below the potential bull flag lines drawn in and below $4k,...

2:08 p.m. ET The Dollar has continued higher since the last update (+0.65%) and yields haven’t moved that much, the...

10:41 a.m. ET There are quite a few things in motion this morning. Remember that the Fed is in media...

2:40 p.m. ET We’ve seen the Dollar come down to unchanged, retracing almost all of the Payrolls spike. Yields have...

1:40 p.m. ET Yes the Payrolls report and wages were stronger than expected, but it was inconsistent again and last...

12:00 p.m. ET As pointed out in the second post of the day, there’s been a huge inconsistency between the...

11:02 a.m. ET Small Caps are the closest to filling the Payrolls gap down. They too held support at the...

9:33 a.m. Et Notably while the establishment survey beat on Payrolls, once again the Household survey was a contradiction that...

2:54 p.m. ET So far we have a textbook short term consolidation day, which I talked about as being likely...

12:55 p.m. ET SP-500 -0.13%, Dow -0.65% (Transports -0.75%), NASDAQ-100 -0.05%, Small Caps -0.25% From last night’s Daily Wrap, “If...

10:44 a.m. ET The market got off to a decent, but hesitant start, seemingly waiting for the next economic data...

The market averages are at session highs as we near the close and that’s a positive sign. There is some short...

2:34 p.m. ET I’m not even going to attempt to put down the most current prices because the market is...

1:45 p.m. ET I am still listening to Powell, but the market reaction is clear – U.S. Dollar spiking lower,...