Category: Intraday Market Update

The major averages, that were starting to consolidate constructively near session highs, are now near session lows after comments from...

*This post was meant to cover intraday dynamics, but in the middle of writing it, there was a change that...

1:04 p.m. ET The averages sit near their best levels of the day. Helping the rebound effort is a -0.5%...

11:22 a.m. ET This morning’s market fulcrum or focal point is back to disorderly markets, specifically the British gilts we...

Well I have to say that the last post, Clarity on Early Market Pressure, was timely for this post. There...

1:23 p.m. ET As noted in the Early Update, the S&P went form a gain prior to the cash open,...

11:36 a.m. ET It’s another fast moving morning. I’ve had to update this post several times with the S&P initially...

3:39 p.m. ET As has been the case most of the week, the market is moving so fast that for...

2:38 p.m. ET S&P and NASDAQ-100 have come within 0.2% of a test of their June lows, whereas Small Caps...

1:27 p.m. ET In my last update just out I mentioned that a test of the June lows looks likely....

1:04 p.m. ET Unfortunately this is my first post of the day, I’ve been violently sick since last night. SP-500...

3:43 p.m. Et There’s not a low of change as the averages are in lateral consolidation ahead of tomorrow morning’s...

12:33 p.m. ET I’m not sure if anyone remembers the T.V. shows, “The A Team”. Their leader use to say...

Most of the major averages made up for early losses and sit modestly in the green, consistent with the consolidation...

3:13 p.m. ET While this was already established yesterday as the S&P traded up toward $3800, falling shy by just...

2:25 p.m. ET The major averages opened to losses and headed lower from there before reversing course and climbing towards...

11:28 a.m. ET I think I have another decent set of charts to go over. Recall that while yesterday’s dominant/price...

The afternoon has been pretty quiet as the expected consolidation phase has begun. Here what we can surmise so far…...

1:54 p.m. ET It’s another good day for the bulls. The major indices are all up between 2.3% and 3.1%,...