Market Update and 3C Chart Updates
12:25 p.m. ET There’s been quite a bit of movement and shifting in tone since the cash open. I’ve had...
Afternoon Update – New Session Highs
Friday’s closing (daily) hammer candlestick suggested a short-term low (after last week’s post CPI decline) was in place, and the...
Intraday Update
2:24 p.m. ET The stock market opened to follow-through selling from Sunday’s futures open with the major indices sliding between...
Early Update – Measured Move Magnetism
11:08 a.m. ET It’s pretty amazing how once you understand a concept about price action, you see it play out...
Afternoon Update
Although we came into the week with follow through on last week’s price gains, there was some clear hesitation or...
Maket Update – FedEx Weighs Heavily on This Op-Ex Friday
12:44 p.m. Et There’s no doubt there’s a lot on the table to contend with today including a buyback blackout...
Market Update
3:26 p.m. ET Today’s trade continues to skew toward the negative, but it’s largely long duration assets under pressure as...
Early Update – Mega-Caps and Growth Style Factors Under Pressure
11:37 a.m. ET In yesterday’s Early Update, toward the bottom of the post, I mentioned bear flags in index futures...
Afternoon Update
The market has dipped a bit heading into the close. The S&P is trudging along its large flag’s upper trend...
Update From Goldman Sachs Prime Services
2:41 p.m. ET I just had an article forwarded to me regarding the influential investment bank, Goldman Sachs (aka “The...
Early Update – Interesting Price Action
11:13 a.m. ET I have a few interesting insights this morning, they’re mostly connected to price action and concepts we...
Quick Follow Up
There’s going to be a lot to dig through tonight. S&P crossed just about -0.65% below the level mentioned in...
Market Update
3:29 p.m. ET – *Things are moving so fast it’s hard to capture the most current charts and get this...
Intraday Update – Selling Pressure Letting Up
12:19 p.m. ET At last look the odds of a 100 bp hike next week by the Fed are now...
Early Update – CPI Chaos
11:07 a.m. ET Yesterday I think I used the term, “CPI”, about a hundred times during the day’s post as...
Afternoon Update
Those consolidation patterns remain in effect. They’re mostly bull flags, but NASDAQ is a bullish Ascending Triangle and Small Caps...
Intraday Update – Intraday Consolidation Patterns Taking Shape
2:12 p.m. ET In this morning’s premarket A.M. Update, I posted two S&P futures 3C charts. The first was a...
Early Update – Losing Some Upside Momentum
11:24 a.m. ET The market has kicked off the new week with nice follow-through on the upside, but as mentioned...
Afternoon Update – S&P $4600?
This is going to be an abbreviated post due to time restraints before the close, but also because the hard...
Intraday Update -Session Highs
3:15 p.m. ET Averages and sectors with leading status, such as Transports, Small Caps and Semiconductors, continue to outperform today....