Category: Intraday Market Update

1:26 p.m. ET I think this may be a widening out of the bearish consolidation, but it’s definitely worth sending...

12:00 p.m. ET Early trade shows a little bit more of that daily rotation between Growth and Value style factors....

Today’s correction in the SPX — NDX could be called a correction, but still has a lot of room to...

12:56 p.m. ET Economic data… The Conference Board’s Consumer Confidence Index dropped to 104.1 in January (consensus 108.1) from an...

Everything related to AI, including the “Power Up” theme, was hit hard today following fears over DeepSeek’s R1 AI that...

2:57 p.m. ET We seem to be getting a little bit of market stabilization intraday, of course that’s relative to...

103 p.m. ET This was already going to be a big week with mega cap earnings, heavier economic data and...

1:02 p.. ET Treasury yields backed down in the wake of this morning’s economic data, which included a notable deceleration...

The market is little changed since the last update. The margins between value and growth or mega caps and the...

I’m getting this post out a little early in case there’s any action you might need to take, but I will follow...

1227 p.m. ET As yesterday’s market tone developed and some 3C charts dropped more sharply into the close, my highest...

Yesterday we had 1-day overbought internals and the majority of stocks and sectors are lower today. Tech got the rotation...

222 p.m. ET At the end of the last post I noted that intraday gains seemed to be slowing and...

1225 p.m. ET This morning’s market has a very different tone. The Tech rotation today that I suspected was coming...

I can already see the market getting more volatile in terms intraday reactions to news, specifically around the new administrations’...

1:53 p.m. ET The change in tone from Value dominated this morning to the Tech/secular growth stocks catching up mentioned...

1:16 p.m. ET As we ended last week, Small Caps looked like they weren’t done with their bounce as they...

12:36 p.m. ET Today’s market gains are broad-based. The S&P has hit the target area I set out at the...

3:15 p.m. ET It has been a slow day for the averages, trading around unchanged today. Value style factors have...

1219 p.m. ET There wasn’t much to say about the averages this morning after the open as they were flat...