Intraday Update
3:05 p.m. ET There’s been no of any technical consequence among the major averages, like this morning as as suspected...
Market Update- Holding Pattern
12:15 p.m. ET As expected at the end of last week and in the weekend ideo, the averages haven’t done...
Afternoon Update
This is the last post of the day, but I’ll have a ideo this weekend. The S&P is the poster...
Market Update – Hotter Than Expected Producer Price Index
12:40 p.m. ET My apologies for the late post. I woke up early this morning with a debilitating bout of...
Afternoon Update
Although the averages have not yet invalidated the larger failed breakout/fast reversal scenario, they did invalidate yesterday’s bearish short term...
Early Update – Better Tone Invalidating Yesterday’s Bearish Price Consolidations
11:06 a.m. ET We’re getting much improved tone this morning with the averages dismantling yesterday’s bearishly leaning intraday consolidation as...
Afternoon Update
Remember, this will be my last post of the day. The only dentist appointment I could get outside regular market...
Market Update
2:04 p.m. ET *I forgot to mention this earlier, well in fact I just forgot completely about the appointment, but...
Early Update
11:26 a.m. ET The stock market opened somewhat weak, but little changed from the flat line as market participants digest...
Afternoon Update
I’m watching the cash market and index futures, and so far I’m a bit surprised they haven’t moved off the...
Treasuries moving higher
2:29 p.m ET I’m not quite sure why yet, other than the bullish leaning consolidations, but over the last 20...
Intraday Update – HY Credit outperfoming
While the mega-caps are weighing down the broader market, sparked by a decline in META/Facebook (-6.4%), High Yield Credit (a...
Early Update -META Weakness Hits Broader Market
10:52 a.m. ET The Communications sector, the mega-caps and averages more broadly are being pressured by a report from the...
Afternoon Update
3:41 p.m. ET SP-500 (15m) is currently a bit below the potential bull flag lines drawn in and below $4k,...
Intraday Update
2:08 p.m. ET The Dollar has continued higher since the last update (+0.65%) and yields haven’t moved that much, the...
Early Update
10:41 a.m. ET There are quite a few things in motion this morning. Remember that the Fed is in media...
Afternoon Update
Although the day is not done, I’m going to try to get this post out a bit early. Throughout the...
Follow Up – more evidence
2:40 p.m. ET We’ve seen the Dollar come down to unchanged, retracing almost all of the Payrolls spike. Yields have...
I’m not Convinced this Payrolls Report is a Rally Killer
1:40 p.m. ET Yes the Payrolls report and wages were stronger than expected, but it was inconsistent again and last...
Jobs Report Deja Vu
12:00 p.m. ET As pointed out in the second post of the day, there’s been a huge inconsistency between the...