Early Update – The Trump Bounce
12:52 p.m. ET I’ve had a pretty busy weekend with the video and other things, I haven’t really seen any...
A.M. Update
Stock futures are higher amid rising Treasury yields. S&P futures are up between +0.35% and +0.4% in consolidative trade off of...
Afternoon Update
We’re headed into the close and these posts take some time, so I’m just going to put this together in...
Mega Cap 3C Charts
I remember this scenario… very well in fact. The first time I really noticed it, with mega-caps anyway, was in...
Early Update
12:49 p.m. ET The stock market opened to gains. The Russell 2000 is following-through on yesterday’s outperformance, but we’re seeing...
A.M. Update – PPI Hot
S&P futures are up +0.07%, NASDAQ are flat, but Small Caps are +1%. The June headline PPI printed hot at...
Daily Wrap – A Big Whacky Day
Sorry for the late hour, but there’s a LOT to share today. Today saw a mixed market. Big Tech and...
Afternoon Update – Rotation: Mega-Caps and Semis Out, Small Caps and Value In
The stock market is in rally-mode following a cooler-than-expected Consumer Price Index for June. Advancers have an 11-to-2 lead over...
Early Update – Mega-Caps Crushed, Value Stocks and Small Caps Soar
12:06 p.m. ET The market is moving fast so I tried to put up the most recent charts, but some...
A.M. Update
S&P futures were up on this morning’s gains on a positive knee-jerk reaction to CPI and Initial Claims data, but...
Daily Wrap – Yet Another ABI Signal As S&P and NASDAQ Make New Record Highs
The stock market put in an impressive performance today. The market’s tone this week of low conviction ahead of tomorrow...
Afternoon Update
Price action and 3C confirmation have been pretty solid today, so either market participants suddenly aren’t tentative in front of...
ABI Below 9
1:15 p.m. ET We saw quite a few ABI signals in 2021, and Q1 of 2022 (which was heading into...
Early Update -ABI Below 10
11:41 a.m. ET Since the market has been very fluid intraday all this week, I’m going to write this post...
A.M. Update
S&P 500 futures are up +0.25%. Pre-market gains in mega cap stocks (where else?) are supporting the broader market so...
Daily Wrap – Another ABI Signal
It was another lackluster day in the stock market, evidenced by lower than normal volume. The morning started out with...
Afternoon Update
It looks like most of the averages are going to close with another small bodied Star candle on their daily...
Market Update – Fluid Markets
2:39 p.m. ET Like yesterday, the market is fluid today, moving from favoring Mega-Caps and Semis this morning, to favoring...