Category: Intraday Market Update

10:56 a.m. ET Futures lost some steam heading into the cash open and thus far it’s a mixed, dull session...

The averages have traded largely sideways since the last update, although presently their making a run for new intraday highs....

1:13 p.m. ET The mega-cap index is still outperforming, up +2.75% vs. the equal weight S&P +1%. S&P may be...

11:09 a.m. ET The main indices have come off their early highs after this morning’s economic data dump after the...

Most of the averages are very little changed, except Dow and Dow Transports are laggards, and Small Caps are leaders....

2:12 p.m. ET The market celebrated Pelosi’s landing in Taiwan given there was no overt Chinese reaction, something the market...

11:15 a.m. ET SP-500 -0.2%, Dow -0.6% (Transports -2.5%), NASDAQ-100 -0.1%, Small Caps +0.1% Treasuries have extended their losses, which...

10:29 a.m. ET By the time this post hits, Pelosi should have landed in Taiwan (expected around 10:20 a.m. ET)....

The averages themselves are very little changed with S&P-500 worst at -0.3%, while Dow Transports (+0.15%) and Small Caps (0%)...

1:41 p.m. ET In the Early Update I saw just 2 S&P sectors of 11 higher, but then mega-caps drove...

10:57 a.m. ET My apologies the A.M. Update wasn’t out. I was in the middle of it when my 78...

1:16 p.m. ET It’s taken a while to dig through what’s driving the different sectors and today is more about...

A modest dip in all of the averages this morning, except Transports, and a little bigger dip in NASDAQ-100, has...

1:24 p.m. ET At the end of the Early Update I wrote, “Heck, judging from index futures’ 3C charts, I...

10:40 a.m. ET The Averages trade lower after Advance Q2 GDP confirms a recession with a contraction of 0.9%, the...

In a nutshell, Powell basically said now that the Fed front-loaded rate hikes and got to neutral, they’;re going to...

2:51 p.m. ET Here we go, Powell is surprising to the dovish side. The U.S. Dollar Index is now down...

2:21 p.m. ET The Fed hiked by 75 bp and said that ongoing increases will be appropriate. The decision was...

1:18 p.m. ET With less than an hour to go before the FOMC, most of the averages are holding up...

11:20 a.m. ET SP-500 +1.35%, Dow +0.4% (Transports -0.1%), NASDAQ-100 +2.65%, Small Caps +0.95% The major averages are back above...