Session Lows – Possible Consolidation Coming to Apex
2:18 p.m. ET SP-500 -1.5%, Dow -1.45% (Transports -1.8%), NASDAQ-100 -1.8%, Small Caps -2% The averages are trading at session...
Intraday Update
12:25 p.m. ET The S&P continues to linger around $3800. Since the last update TSY yields have pulled back slightly...
Early Update
10:37 a.m. ET Mid-term election results are perhaps not as overwhelmingly one-sided as the market hoped, but still suggest a...
Afternoon Update
The market action today looks pretty simple at the surface level. A crypto exchange (FTX) and its native token are...
Crypto Exchange Troubles hitting Stocks
1:44 p.m. ET I was going to mention this in the Daily Wrap as it didn’t seem relevant to the...
Market Update – Mega Caps Playing Catch-Up
12:28 p.m. ET With the Dollar and yields falling, the mega-caps and NASDAQ-100 are playing catch-up , presently the best...
Early Update – Dollar and Yields Fall
10:45 a.m. ET It’s an interesting morning thus far. While the averages opened higher, but mixed, they also lost some...
Afternoon Update
The market is climbing into the close, which is a bullish development considering NASDAQ-100’s hammer candlestick This move coincided with Apple (AAPL...
Intraday Update – Session Highs and S&P $3800
2:28 p.m. ET The averages’ 3C charts are coming alive after the lunch break… SPY (1m) 3C leading to the...
Intraday Update
12:57 p.m. ET Just a quick look at the market and market signals. The U.S. Dollar Index is diverging with...
Early Update
10:58 a.m. ET The major averages are seeing some modest price volatility with Treasury yields higher this morning, but the...
Afternoon Update
We are pretty much through the main events of recent – the Fed and peak earnings season. We do have...
Market Update
2:49 p.m. ET It’s been a pretty quiet session since the last update. It’s also a mixed session in which...
Intraday Update
12:26 p.m. ET The averages have seen a little more than an hour of pretty sustained selling. As mentioned earlier,...
Early Update – Dovish Take on Payrolls
10:43 a.m. ET On one hand the payrolls print rose more than expected. On the other hand the unemployment rate...
Afternoon Update
The major averages are little changed in the last half hour, still trading in what is a bearishly biased consolidation...
Intraday Update
1:55 p.m. ET The stock market is trading with a mixed disposition after yesterday’s late afternoon retreat, but things have...
Averages off the Lows with Treasuries
11:07 a.m. ET As posted at the end of the Early Update, Treasury futures’ 3C charts were positively diverging at...
Early Update – Follow Through Selling
10:11 a.m. ET The averages are following through to the downside as is often the case with the prior session...
Afternoon Update – Two Knee Jerks, Dosvish and Hawkish
“Beware the knee jerk reactions” We got a couple today. The first was a dovish knee jerk on the FOMC...