Category: Intraday Market Update

1:46 p.m. ET Even on days the market has moved in percentage terms it’s been a very dull week from...

10:58 a.m. ET The market opened to some weakness following the pre-market economic data. After most of the averages put...

The averages are down -1.1% to -2.5% presently. The S&P is down about -1.5%, but that’s off an intraday low...

2:36 p.m. ET Since the last update, talking about a positive shift in tone in Consumer Discretionary, I’m seeing many...

1:53 p.m. ET I’m not seeing notable 3C divergences in the broad averages, at least not the kind that suggest...

1:03 p.m. ET The S&P fell below $3800 and Tuesday’s intraday low ($3795.62). Volume increased on the break under $3800...

11:10 a.m. ET The link between yields and equities remains unshakable, evidenced this morning with the catalyst of the final...

2:54 p.m. ET Just a quick update… Yields came down a little bit since the last update after a strong...

12:53 a.m. ET SP-500 +1.4%, Dow +1.5% (Transports +1.45%), NASDAQ-100 +1.5%, Small Caps +1.85% Less favorable conditions than this morning...

10:41 a.m. ET It seems we are on our way to one of the two most probable scenarios I laid...

I’ve been watching the market closely all day and it’s been a tedious affair with very little of interest taking...

1:27 p.m. ET The tone of trade today is painfully dull as fewer and fewer traders are showing up in...

There’s not a lot to add from the last post, except the S&P held right at $3800… (1m) …And with...

2:36 p.m. ET SP-500 -1.15%, Dow -0.8% (Transports -1.45%), NASDAQ-100 -1.6%, Small Caps -1.35% A lot of people think of...

10:33 a.m. ET The price action isn’t as bad as the early stats make it appear to be. Higher yields...

3:02 p.m. ET Since I mentioned that the later in the day, the more possibility there is fr price to...

2:06 p.m. ET After S&P futures made a brief attempt to take out $3900 on the upside, selling accelerated for...

10:56 a.m. ET The averages opened to paring pre-market losses by half as the S&P found support at the 50-day...

2:43 p.m. ET I’ve already discussed the S&P’s $3900-$4100 range ahead of a huge options expiration tomorrow. You probably also...