Early Update – Much More Interesting Than Yesterday
12:22 p.m. ET It’s already a much more interesting day. Pay attention to commodities and market breadth. Economic Data- The...
A.M. Update
S&P 500 futures are up 0.35%and Nasdaq 100 futures are trading up 0.55% trimming their weekly drop to less than...
Daily Wrap -SPLIT
As you probably know by now, I was surprised by how dull the market was today after yesterday’s 1-day oversold...
Afternoon Update -Surprisingly Dull
Heading into the close, about half of the averages I routinely track are up and half down. None are moving much...
QQQ Update
3:18 p.m. ET I’m forced to take a myopic view of the market today, it’s just nothing like I expected...
Palladium Futures Explode Higher
3:03 p.m. ET There’s been a lot of talk that after gold’s run of new record highs, Palladium would be...
Intraday Update
2:44 p.m. Most averages are red. The S&P is only green y +0.08%. Nasdaq-100 (+0.65%) is still holding most of...
Early Update – Not The 1-Day Oversold Market I Expected
1:04 p.m. ET Between 1-day oversold internals, one of the Mag-7 stocks beating earnings (Tesla) with a +20% gain ,...
A.M. Update
S&P futures are up +0.45% and Nasdaq-100 futures are u +0.8%. Tesla’s earnings and a 1-day oversold signal after 3...
Daily Wrap – Rates Finally Scare Investors
This hasn’t been a good week for the stock market with stocks dropping for the 3rd consecutive day, which is...
Afternoon Update
3:56 p.m. ET I’ve been wondering at what point higher yields and a stronger Dollar were going to start pressuring...
3C Charts
2:34 p.m. ET Market breadth, volume and numerous other measures (resistance, etc.) have been pointing to the broader market weakening on...
Early Update
12:04 p.m. ET The averages have fairly modest losses, with the exception of Nasdaq-100. However, nearly all of them are...
A.M. Update
S&P futures are down -0.35% and Dow down -0.65. Nasdaq and Small Caps are down-40% and -0.6% respectively. The U.S. Dollar...
Dull Day
The majors ae mixed, but also barely changed for the day. Small Caps chart may be the most interesting today…...
Market Update
It has been a slower, less volatile day than yesterday, but you’ll see some important developments jump out, nonetheless. SP-500...
A.M. Update
The S&P 500 futures are down -0.55%. Another move up in rates has contributed to the premarket selling. The 10-yr...
Daily Wrap – Small Caps, Dow and Dow Transports Hit Hard on Leading Economic Indicators; But NVidia Mitigates Losses
The morning trade in equity markets accelerated to the downside around 10:15 a.m. ET, just after the 10 a.m. release...
Afternoon Update
Yields have made a massive move, up 7 to 10 basis points. Stocks have handled rising yields recently pretty well,...
3C Charts & More
2:43 p.m. ET First let’s start with internals. They’ve come of their worst levels of Decliners holding more than a...