Category: Intraday Market Update

2:39 p.m. ET SP-500 -1.3%, Dow -1.1% (Transports -1.6%), NASDAQ-100 -1.5%, Small Caps -1.6%) As price is nearing a test...

11:16 a.m. ET The August Consumer Confidence reading was 103.2 (consensus 97.4) after the prior revised reading of 95.3 (from...

What financial media would call a low conviction, narrow range, I’ve been identifying since futures opened Sunday, as a small...

2:27 p.m. ET The averages were just near session highs in a low conviction day of price action thus far....

11:15 a.m. ET The market posted 1-day oversold internal conditions and oversold breadth on Friday, but due to weak closing...

1:26 p.m. ET As I’ll cover in the Afternoon Update (I’m jotting some thoughts for it down now), my impression...

11:28 a.m. ET The stock market opened on a softer note ahead of Fed Chair Powell’s speech. The stock market...

11:26 a.m. ET The averages that either tend to lead, or contain the influentially weighted stocks (Transports, Small Caps and...

2:32 p.m. ET The stock market has a positive disposition today, attempting to snap a three-session losing streak. Rising Treasury...

11:09 a.m ET The averages’ larger bull flag trend lines are holding up with some signs of improvement. Like much...

It’s been a pretty quiet day so there’s not much to add to today’s posts. The key one, the Early...

1:37 p.m. ET The stock market hasn’t moved that much in either direction thus far in the session, but as...

11:07 a.m. ET We have an interesting change in tone, if not so much huge moves in price, and it’s...

The averages appear to be headed off the lows of the day into the close, but it’s not a big...

2:15 p.m. ET The averages have hit new session lows. Small Cap IWM traded below the $191 support area, but...

10:56 a.m. ET The stock market opened decidedly lower with the main indices all down at least 1.0%. SP-500 -1.75%,...

12:57 p.m. ET Sorry this post has taken a while, but there’s a lot to cover and I’ve needed to...