Afternoon Update
The market is lifting a bit into the close, mostly led by Small Caps… Small Cap IWM (1m) at intraday...
Intraday Update – To Session Highs
2:14 p.m. ET After the last post, we did get some consolidative action, but now the averages are trying to...
Intraday Update
12:40 p.m. ET Most of the averages have extended gains since the last update, and most have made higher highs...
Early Update – Stocks Soar on CPI Beat
10:44 a.m. ET We’re off to a strong start with many price trends extending their bullish price patterns after CPI...
Afternoon Update
There’s not too much to add from the last post. SP-500-0.5%, Dow -0.25% (Transports -1%), NASDAQ-100 -1.15%, Small Caps -1.55%...
Intraday Update – 3C Update
1:20 p.m. ET Oil prices (-0.5%) are rolling over, giving up gains. Yields are still higher from 1 bp (30y)...
Early Update – CPI Concerns
10:44 a.m. ET In additional economic data, second quarter nonfarm business sector labor productivity decreased 4.6% (consensus -4.5%) on the...
Afternoon Update
It’s been in large part, somewhat disappointing performance from markets which started off strong, but semis dragged Tech down, and...
Intraday Update – Mega-Caps Weighing on the Market
1:39 p.m. ET The stock market showed resilience early on despite relatively negative headlines before rolling over around midmorning. With...
Early Update – Last Week’s Breakout Makes Further Progress
11:09 a.m. ET Mega-caps led at the open, but a huge short squeeze has put Small Caps on the top....
Afternoon Update
The market is now pricing in about a 70% odds of a 75 bps hike in September (up from 25%...
Market Update
2:01 p.m. ET This morning’s blowout Jobs report is turning controversial, especially given the daily flow of corporate layoff news...
Early Update – Stocks Rebound
10:46 a.m. ET Stocks are rebounding off the lows following the shockingly strong Payrolls report, a six sigma beat vs....
Afternoon Update
Heading into the close, it’s been a very dull, lackluster day with the S&P trading around unchanged most of the...
Intraday Update
1:46 p.m. ET So far the day has had a dull tone with the averages little changed, as if it...
Early Update – Low Conviction Trade
10:56 a.m. ET Futures lost some steam heading into the cash open and thus far it’s a mixed, dull session...
Afternoon Update
The averages have traded largely sideways since the last update, although presently their making a run for new intraday highs....
Intraday Update – Mega Caps Providing Key Support
1:13 p.m. ET The mega-cap index is still outperforming, up +2.75% vs. the equal weight S&P +1%. S&P may be...
Early Update – Mega-Caps Lead
11:09 a.m. ET The main indices have come off their early highs after this morning’s economic data dump after the...
Afternoon Update
Most of the averages are very little changed, except Dow and Dow Transports are laggards, and Small Caps are leaders....