Market Update
1:08 p.m. ET Things have gone from dull to worse as Technology initially dragged the market lower, but this isn’t...
Early Update – Stocks Struggling to Gain Traction
11:03 a.m. ET Yesterday we saw the averages start losing rebound momentum. The morning’s opening tone is a continuation of...
A.M. Update
S&P futures were flat into this morning’s inflation data ad are ow up +0.25% on another inflation report that’s high,...
Daily Wrap
This morning’s headline CPI came in the highest in 39 years, but at Bloomberg consensus of 7%, although well above...
Afternoon Update
I’ll keep this brief as there hasn’t been any notable change since the last update. The averages are losing some...
Intraday Update
1:16 p.m. ET Despite a robust CPI, bond yields are pulling back more and as a result, the influential Tech...
Early Update Strong Start Fades
11:31 a.m. ET While at a staggering 7% (well above the Fed’s 2% target range) and a 39-year high, the...
A.M. Update – CPI As Expected
The market took the CPI report in stride as it came in at consensus. CPI comes is as expected, at...
Daily Wrap
After 5 consecutive days down the S&P 500 gained 0.9% in a continuation of dip-buying efforts that started yesterday afternoon....
Afternoon Update
The oversold low was in yesterday. The correction is underway today with little help from Powell. Whether that’s a bounce/rally...
Intraday Update – Powell Doing Some Damage Control
12:35 p.m. ET After the averages plunged for 5 consecutive days, it seem Powell is doing some damage control. While...
Early Update – Consolidation Phase
10:39 a.m. ET S&P futures gave back overnight gains of about a half percent heading into the cash open. They’ve...
A.M. Update
S&P futures put in some overnight gains, but have since faded them. Long-term interest rates are behaving themselves this morning,...
Daily Wrap
Happy Monday! The new year has gotten off to the anticipated volatile start, albeit probably a bit earlier than I...
Afternoon Update
There’s not much change since the last update. The S&P-500 has a bullish hammer candlestick just above its 100-day sma,...
Market Update – Looking More Like a Low
2:27 p.m. ET It’s looking more and more like the market is finding an oversold low. SP-500 -0.7%, Dow -0.75%,...
Market Update – Consolidation
1:24 p.m. ET SP-500 -1.25%, Dow -1.1% (Dow Transports -2.25%), NASDAQ-100 -1.5%, Small Caps -1.75% Since the averages found session...
Intraday Update – Dip Buyers
11:24 a.m. ET The averages are finding some buyers to step in. DIA (1m) and SPY lok the best intraday,...
Early Update
10:38 a.m. ET The major indices begin the cash session extending this morning and last week’s losses while Treasury yields...
A.M. Update
Futuresare extending last week’s losses (I’ll be watching for breadth to move back into oversold which it exited Friday) with...