Category: Intraday Market Update

The averages are fairly little changed (-0.35% to +0.2%) and mixed. Intraday tone has improved as the session has gone...

245 PM ET “Participants indicated that, provided the economy remained near maximum employment, they would want to see further progress...

12:52 PM ET As mentioned last night, index futures we’re bumping into resistance from yesterday’s pre market in early overnight...

  Gold futures (+1.75%) are acting well after some higher volatility Friday. (30m) I’m all for consolidations, especially after a...

12:42 PM ET Several mega caps sold off at the open. Among the more notable are Meta and Amazon, dragging...

* I’m going to get this post out a little earlier than usual just so you have time to consider...

220 p.m. ET I’m getting a lot of messages inquiring about the level of the ABI so I thought I’d...

1225 p.m. ET Beyond a massive decline in Retail Sales… Import/Export prices showed that there was inflation, as opposed to...

321 p.m. ET The president’s update on reciprocal tariffs has been received well by the market. The Dow Jones Industrial...

211 p.m. ET I think we were all expecting a 1 p.m. news conference from President Trump. Hasn’t happened, but...

12:39 p.m. ET Today has been a busy day already (mostly on the political and geopolitical fronts, but economic data,...

It’s been an interesting day with inflation coming in hotter than expected, the Republican House of Representatives budget and tax...

103 p.m. ET This certainly won’t help the next CPI report…...

1259 p.m. ET There’s a lot of movement so far today. It’s not just CPI, but Powell speaking and several...

  It’s still a pretty quiet, mixed day for the major averages with Small Cap underperformance. SPX 0%, DJIA +0.25% (Transports...

1231 p.m. ET I’m trying to multi-task this morning, listening to Powell’s testimony before Congress (day one of the 2-day,...

There’s been very little movement in the averages, S&P sectors or style factors since the earlier market update. (2m) There...

1240 p.m. ET Friday the market was getting ugly and looking like an ugly Monday morning in what’s become a...

The stock market started the session on neutral footing. The major indices were moving higher early on, bolstered by mega...

1257 p.m. ET I didn’t want to get too much into the Payrolls report given there’s a lot to pour...