Afternoon Update
The market has slowed down the bullish role and NASDAQ-100 is lingering just below its measured move target after meeting,...
Market Update – NASDAQ Returning To Target Area
2:56 p.m. ET ***I started writing this post and the conditions I was writing about changed by the time I...
NASDAQ-100 Tags Measured Move Target
12:10 p.m. ET And I mean to the Dollar! NASDAQ-100 (15m) and it’s measured move target based on it’s October...
Early Update – Heading Toward Remaining Targets
11:11 a.m. ET The averages are mixed because of the Dow, but pretty impressive. NASDAQ-100 and Dow Transports are by...
Afternoon Update – Bullish and Dovish
I’m multitasking here and trying to get this post out quickly, so forgive me if it’s a bit brief or...
Post FOMC Statement
2:28 p.m. ET The Fed hiked the Fed Funds Rate by 25 basis points to 4.50% to 4.75% as the...
Pre-FOMC update – Still Treading Water
1:31 p.m. ET It’s a bit of a dull session as the market is essentially in wait-and-see mode ahead of...
Early Update – Market Treading Water Ahead of FOMC
11:07 a.m. ET Additional economic data since the open includes: The final IHS Markit Manufacturing PMI for January came in...
Intraday Market Update – HY Credit Looking Better
3:24 p.m. ET The averages trade near session highs with notably better tone than yesterday, but the averages still remain...
Bond Market Update
2:18 p.m. ET I’ll be following this up with a market update shortly, but since the Fed is currently meeting...
Early Update – Solid Tone
11:27 a.m. ET Index futures lifted to their best levels of the pre-market session after the 8:30 a.m. ET U.S....
Intraday Update – Correction/Consolidation
3:18 p.m. ET There’s not a lot of change since the Early Update. The main indices have been pinned in...
Early Update
11:34 a.m. ET The market is correcting/consolidating after a nice run last week, but near some key levels like the...
Market Update -Measured Moves in Sight
3:15 p.m. ET We don’t have huge percent changes in the averages, but a slow and steady march higher. Dow...
Mega-Caps Officially in Leadership Role
12:35 p.m. ET The mega-cap index (MGK) is up +1.1%, even with yields higher by 3 to 4 basis points....
Early Update
10:45 a.m. ET We have some big developments this morning, maybe not so much apparent in price percentage moves, but...
Afternoon Update
Little has changed on the day. Perhaps the averages moving from earlier bull flags to what are early stage...
Intraday Update
1:13 p.m. ET The S&P and NASDAQ-100 continue to trade near very important technical levels – the 2022 primary bear...
Early Update – Bull Flags Breakout After Bear Trap Yesterday. Averages Taking On Hugely Important Levels.
10:51 a.m. ET The S&P and NASDAQ-100 broke out of their bull flags a day after setting a bear trap...
Afternoon Update -Bear Traps?
The S&P 500 has maintained its position above its 200-day sma and the 4,000 area and that makes for an...