Daily Wrap
It was another dull day for the major stock indices, but I have some useful info for you below. The...
Afternoon Update
Today has ben quite dull as we near the holiday weekend. The S&P has traded in an extremely narrow 10...
Something To Pay Attention To: The Equity/Rates Correlation
12:53 p.m. ET The S&P is trading pretty much as expected, in a modified Falling Three Methods type of price...
Early Update
11:19 a.m. ET Trading ranges are small. The S&P’s high to low range is only 8 points, but it’s only...
A.M. Update
S&P futures are down a tenth of a percent, but R2K futures are down -0.5%. Participation will be light again...
Daily Wrap
It was pretty slow day so I’m going to keep tonight short, but cover the more meaningful developments which tended...
Afternoon Update
We’re really getting into the dull markets of the end of year holiday sessions. There really hasn’t been much change...
Early Update
11:45 a.m. ET After yesterday’s 1-day overbought internals, the market is acting as expected, it has paused. SP-500 +0.05%, Dow...
A.M. Update
S&P futures are flat after yesterday’s 1-day overbought internals. Participation should be light again today, and throughout the rest of...
Daily Wrap
The stock market closed with gains this “Boxing Day” session amid the Santa Claus rally period, which includes the last...
Intraday Update
2:51 p.m. ET If you’ve extended your Christmas vacation and aren’t watching the market carefully, you’re not missing much in...
Early Update – Falling 3 Methods Intact
10:59 a.m. ET Welcome back from the Christmas Holiday. I hope it was a great day for you. Not much...
A.M. Update
S&P futures are up +0.1% in thin post-holiday trade volume. There’s been very little movement in the overnight session following...
Afternoon Update
We had a little bit of a taste of Wednesday’s afternoon ugliness this afternoon and like Wednesday, there was no...
Intraday Update – Stocks and gold come down
2:41 p.m. ET It’s been a really quiet day. For the most part, nothing changed with no material movement since...
Early Update – Defensive Sectors Testing Resistance
11:09 a.m. ET Taking a quick look around this morning, volume is not surprisingly below average for this time of...
A.M. Update
S&P futures are up +0.2% and still moving in a parallelogram following Wednesday’s loss that’s consentient with a bear flag....
Daily Wrap
In spite of yesterday’s notable weakness in stocks yesterday, I noted in last night’s Daily Wrap, ” with all 11...
Afternoon Update
3:30 p.m. ET All of the averages took yesterday’s strong 1-day oversold internals and turned that into a pause in...
Watch For Bearish Consolidations Next
1:05 p.m. ET It’s too early to map these out. We need more price data. I suspect we’re probably going...