Afternoon Update
It’s been a pretty quiet day so there’s not much to add to today’s posts. The key one, the Early...
Market Update
1:37 p.m. ET The stock market hasn’t moved that much in either direction thus far in the session, but as...
Early Update – Poor Economic Data Shifts Outlook
11:07 a.m. ET We have an interesting change in tone, if not so much huge moves in price, and it’s...
Afternoon Update
The averages appear to be headed off the lows of the day into the close, but it’s not a big...
Intraday Update – Broad-Based De-risking
2:15 p.m. ET The averages have hit new session lows. Small Cap IWM traded below the $191 support area, but...
Early Update
10:56 a.m. ET The stock market opened decidedly lower with the main indices all down at least 1.0%. SP-500 -1.75%,...
Afternoon Update
As of last Friday’s Afternoon Update, my view was that we’d see the market averages consolidate/correct this week. Early in...
Important Market Update – Going As Expected
12:57 p.m. ET Sorry this post has taken a while, but there’s a lot to cover and I’ve needed to...
Afternoon Update
As of the last post at the end I mentioned it looked like the averages were going to make another...
Market Update – Respecting Boundaries
2:10 p.m. ET SP-500 +0.1%, Dow -0.15% (Transports +0.6%), NASDAQ-100 +0.4%, Small Caps +0.4% Well with a post title like...
Early Update – Flags Still In Place
12:01 p.m. ET The averages are mixed and little changed, mostly in the middle area of the range of yesterday’s...
Afternoon Update – Bull Flags Taking Early Shape
3:54 p.m. ET Notice that Small Caps and Transports are the worst performer, each tend to lead the market. However,...
DOVISH Fed Minutes
2:20 p.m. ET First as mentioned in the last post, the U.S. Dollar is a good proxy for the market’s...
Intraday Update
12:52 p.m. ET Well here’s an interesting twist, suddenly we’re getting some buyers stepping in… SPY (1m) QQQ (1m) There’s...
Early Update – The Correction/Consolidation Has Started
10:55 a.m. ET The stock market opened decidedly weaker with the NASDAQ, Transports and Small Caps lagging their peers. There’s a...
Afternoon Update – I think that’s it
3:27 p.m. ET Unbelievably the S&P-500 rallied up as much as +0.65%, nearly touched the 200-day at $4326.14, with an...
Intraday Update – S&P On the Way to 200-Day
12:51 p.m. ET Well, here we go. S&P futures have broken out of the overnight bull flag to trade higher,...
Early Update
11:07 a.m. ET We had a bunch of bullish flag consolidation overnight. I highlighted S&P futures’ consolidation in the A.M....
Afternoon Update
The averages aren’t up huge today by any means, but they’ve been resilient to say the least and intraday price...
Intraday Update – Resilient Price Action
12:20 p.m. ET Oh my, the market just doesn’t want to come down. Index futures started with a clear negative...