A.M. Update
Stocks in Asia and Europe followed Wall Street higher. Markets in Australia and New Zealand remained closed but will reopen...
Daily Wrap
Investors are hoping the Santa Rally has legs. Since 1969 the S&P 500 index has averaged a gain of 1.3%...
Intraday Pivot/High
3:16 p.m. ET Maybe it’s coincidence, maybe just some end of day profit taking by traders, but it’s interesting how...
Intraday Update – High Yield Credit Divergence
2:26 p.m. ET Mega-caps continue to lead the market higher in holiday diminishing volume. Small Caps are starting to display...
Market Update -Mega-Caps Extend the Santa Rally
11:38 a.m. ET The week is off to a decent start with the mega-caps providing influential support. On a side...
A.M. Update
Asia closed mixed, while Europe and the U.S. trade higher as the Santa Rally extends. The seasonal Santa Rally is...
Afternoon Update
Not too surprisingly given seasonal dynamics and the fact that investors love a strong positive close in front of a...
Intraday Update – S&P-500
12:33 p.m. ET The S&P is trading right where it was rejected last week, but just shy of where it...
Early Update -S&P Testing $4700 Area
10:43 a.m. ET The benchmark S&P index came into the week down a 3rd day and 3% over the 3-day...
Afternoon Update
The market is acting just as expected from last Friday’s Afternoon Update- that’s to say an deep oversold market bounce...
Intraday Update
2:41 p.m. ET All in all it’s a pretty quiet day moving as expected, fulfilling upside targets from yesterday’s oversold...
Market Update – Tagging Targets
11:05 a.m. ET The averages had been in a fairly dull consolidation mode this morning with the averages trading from...
A.M. Update
S&P futures are down -0.15% after yesterday’s 1-day overbought conditions and is assumed for the time being, to be entering...
Daily Wrap
I have to say that thus far I’m pretty happy with the way Friday’s forecast for this holiday shortened week...
Afternoon Update
The averages are losing some momentum as 3C charts suggested in the last post. SPY (1m) I suspect this is...
Intraday Market Update – Resistance/Target Zones
1:30 p.m. ET All of the averages have filled yesterday’s gaps. While price momentum is still good intraday, there are...
Early Update
11:18 a.m. ET The early bullish tone in pre-market which saw Small Caps and NASDAQ-100 with the best gains, has...
A.M. Update
S&P futures are up nearly 1% in follow through action off yesterday’s afternoon oversold rebound. Risk sentiment is bolstered by news...
Daily Wrap
On Friday it looked pretty likely that we’d see some more weakness early this week, pushing the averages to deep...
Market Update – Tentative Support
2:19 p.m. ET SP-500 -1.25%, Dow -1.4%, NASDAQ-100 -1.1%, Small Caps -1.8% I wouldn’t quite call this buying the dip,...