Category: Intraday Market Update

I ran through a bunch of charts just to get a quick check on market tone. The recent theme is...

The stock market already started off on a lower note with most averages opening lower. Tech tried to bounce and...

It has been quite a day. The U.S. cash session has been extremely volatile. The Nasdaq-100 opened strongly, gaining +1.3%...

The stock market opened to broad gains with at least 9 of 11 sectors higher, with Semi’s displaying follow-through leadership....

8 of 11 sectors are down. Technology (+2.1%) is best,  led by Semis (SOX +5.5%). Internals are mixed with Decliners...

Over the weekend Israel bombed Beirut, which led to Iran launching missiles into Israel, and Israel launching attacks into Iran,...

The major averages are lower across the board as the market faces a continuation of yesterday’s weakness across tech names....

From a broad perspective, Semis’ extreme rally from mid-May, dragging along the Tech sector, has a crack. SOX (15M) Tech...

Tech stocks and the AI trade are under pressure after several high-profile names reported earnings, raising fresh doubts about the...

Markets were relatively quiet this afternoon on the 3C charts, though I still have a few left to review. SPY...

Oil prices are higher amid latest conflict escalation between the U.S. and Iran, pushing yields higher and weighing on stocks....

The major averages are mixed late in the session. I haven’t seen the kind of afternoon 3C action apparent Monday...

Index level performance isn’t much different than yesterday. more sectors are green. Internals are roughly the same. There hasn’t been...

The feel I got from the 3C charts (cap-weighted averages with weaker closing 3C charts; volatility with a noticeably stronger...

Something is “modestly” off. My best guess is that after witnessing events on the ground, and then hearing the political-talk,...

The post-war ceasefire was unraveling fast, sending oil and yields higher right at key areas where price action has suggested...

Just as I was posting the A.M. Update, things began ramping up on the geopolitical front. Over the weekend, a...

Someone asked me about 3C, I explained that, like most of my analysis, I use it across multiple timeframes and...

My suspicions were confirmed. I ended the last post with, “The market awaits President Trump’s decision on a peace deal,...

Traders are waiting to see whether the U.S. and Iran can deliver the peace deal markets have priced in every...