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,...
Early Update
11:14 a.m. ET Not too surprisingly given Friday’s news that New York State saw the highest number of COVID infections...
A.M. Update
The S&P 500 is up 1.2% this month, but it’s indicated to cough up that gain at the open. From READ MORE
A.M. Update
The S&P 500 is up 1.2% this month, but it’s indicated to cough up that gain at the open. From...
Afternoon Update -Weekly Stats Reveal Hawkish Reaction
With all of the extraneous factors this week, not the least of which is today’s quadruple witching options expiration and...
SPY 3C Chart Update
Last week I mentioned a positive divergence on the short term 3C charts for SPY that suggested to me that...
Early Update – Volatile Quad Witching
11:15 a.m. ET The averages extended the sell-off fading the bullish or dovish FOMC knee jerk reaction, and extended losses...
A.M. Update
Index futures are extending recent losses and for the week. Mega-caps are extending their negative influence from yesterday. Nasdaq 100...
Daily Wrap – FOMC Knee Jerk Reaction Faded
It’s been a strange 24 hours since the FOMC, but stepping back from the details, the one thing that stands...
Afternoon Update
The averages are off the lows with some key technical levels in the area like the NADSDAQ-100’s 50-day and Small...
Market Update – Session Lows as Mega-Caps Falter
2:30 p.m. ET There’s still a lot of weirdness in the market today with a rotation to value/cyclical stocks and...
Market Update -Some Normalcy Returning
11:50 a.m. ET Today there seems to be some semblance of normality trying to peek through the veil of ridiculousness...