Early Update – Containing Enthusiasm
10:58 a.m. ET The stock market opened on a soft note with the S&P 500 flirting around the flat line...
Afternoon Update
So far (before the close) here’s how the averages fared on the week: On the week SP-500 +2.25%, Dow +1.7%...
Market Update – Earnings Related Weakness
1:12 p.m. ET Sorry this post took so long to get out, but there’s quite lot to take in today...
Afternoon Update
While we have a mixed market today, with growth style factors in favor over Value, all of the major averages...
Market Update
2:02 p.m. ET After testing the $3600 area in mid-June, the S&P is nearing a test of $4,000 with an...
Early Update
11:02 a.m. ET The ECB’s policy decision has been the focus of the market. Initially the 50 bp hike (rather...
Afternoon Update
3:56 p.m. ET So far the pull back from session highs covered in the last post has gone pretty well....
Intraday Update
1:22 p.m. ET This could be an interesting area for the NASDAQ-100 and broader market. SP-500 +0.15%, Dow -0.3% (Transports...
Early Update – Mega-Caps Leading Breakouts in the Averages
11:11 a.m. ET The market reached a few different metrics of short term overbought yesterday and as touched on in...
Afternoon Update
There hasn’t been much movement up or down for the market recently with each major index trading just below session...
Intraday Update – Session Highs
1:25 p.m. ET SP-500 +2.15%, Dow +1.8% (Transports +2.9%), NASDAQ-100 +2.5%, Small Caps +3.1% The averages are at or near...
Early Update
11:20 a.m. ET We have a pretty fast moving market this morning and it’s reminiscent of yesterday morning. Also reminiscent...
Afternoon Update
Well it has to be a little discouraging for the bulls to get off to such a good start, only...
One Bad Apple
2:58 p.m. ET The major averages have given back gains after the Dow and Small Caps tested their 50-day moving...
Early Update
11:47 a.m. ET Index futures pulled back a bit before the open, but are looking constructive and very similar to...
Afternoon Update
Coming into this week, both price resistance and 3C charts suggested we were heading for some consolidative/corrective activity in stocks...
Intraday Update
3:14 p.m. ET I’m working on the Afternoon Update, but figured I’d check in quickly on intraday trade. The S&P...
Early Update – Very Interesting Start
11:28 a.m. ET This morning has been challenging in putting pieces together. The averages are adding to yesterday’s afternoon gains....
Afternoon Update – NASDAQ & Mega-Caps Lead Rebound
3:34 p.m. ET Early on in this morning’s Early Update, when things were quite ugly across the board, I suggested...
100 BP Fed Rate Hike Being Walked Back
1:09 p.m. ET In my last post, the Early Update, I mentioned, “Treasury futures are coming off their worst levels...