Category: Intraday Market Update

There’s a lot to take in here between the Fed’s SEP and Powell’s comments and market signals, some are yet...

2:37 p.m. ET The Fed hiked by 75 bp as the market widely expected (94 of 96 economists expected a...

1:54 p.m. ET The stock market has a positive disposition today. The major indices opened to modest gains and pushed...

11:36 a.m. ET The averages all have similar percentage gains in what again is a low conviction consolidation theme since...

2:57 p.m. ET Since the last update with mega-caps leading a rebound attempt, the averages have sunk to new session...

12:25 p.m. ET There’s been quite a bit of movement and shifting in tone since the cash open. I’ve had...

Friday’s closing (daily) hammer candlestick suggested a short-term low (after last week’s post CPI decline) was in place, and the...

2:24 p.m. ET The stock market opened to follow-through selling from Sunday’s futures open with the major indices sliding between...

11:08 a.m. ET It’s pretty amazing how once you understand a concept about price action, you see it play out...

12:44 p.m. Et There’s no doubt there’s a lot on the table to contend with today including a buyback blackout...

3:26 p.m. ET Today’s trade continues to skew toward the negative, but it’s largely long duration assets under pressure as...

11:37 a.m. ET In yesterday’s Early Update, toward the bottom of the post, I mentioned bear flags in index futures...

The market has dipped a bit heading into the close. The S&P is trudging along its large flag’s upper trend...

2:41 p.m. ET I just had an article forwarded to me regarding the influential investment bank, Goldman Sachs (aka “The...

11:13 a.m. ET I have a few interesting insights this morning, they’re mostly connected to price action and concepts we...

There’s going to be a lot to dig through tonight. S&P crossed just about -0.65% below the level mentioned in...

3:29 p.m. ET – *Things are moving so fast it’s hard to capture the most current charts and get this...

12:19 p.m. ET At last look the odds of  a 100 bp hike next week by the Fed are now...

11:07 a.m. ET Yesterday I think I used the term, “CPI”, about a hundred times during the day’s post as...