Afternoon Update
The NASDAQ-100 came within 0.45% of $14,300, a small intraday bear flag’s measured move. In the last intraday update, I...
Intraday Market Update – Yields Higher, Stocks Lower
2:02 p.m. ET Selling has accelerated over the last hour or so, which brought the S&P 500 below the 4,200...
Early Update – A Market General Cracks
11:43 a.m. ET It’s an ugly start to the day with multiple bear flags from yesterday broken, but some key...
A.M. Update
S&P futures are down -0.35%, NASDAQ futures and Russell 200 futures are down -0.6%, while Dow futures are up +0.15%....
The Dollar and Bitcoin Gain, While Stocks and Gold Consolidate
After 5 consecutive days of losses for the benchmark index, the S&P-500 posted a modest gain today to close just READ MORE
Daly Wrap
After 5 consecutive days of losses for the benchmark index, the S&P-500 posted a modest gain today to close just...
Afternoon Update
Since my afternoon posts Friday, I’ve expected the averages to enter consolidations starting this week and for those consolidations to...
UNG / Nat Gas Update
2:53 p.m. ET UNG’s (+1.3%) price and 3C charts are looking better since yesterday with some slight improvement noted this...
Early Update – Market Consolidation Expectations Are On Track
11:59 a.m. ET After 5 losing sessions, stocks are catching a bid, but it appears to be well within the...
A.M. Update
S&P futures are up +0.55% with some strength in the mega cap stocks and positive reactions to a batch of mostly...
Daily Wrap
I’m not going to repeat what I wrote Friday and this afternoon about what I expected coming into this week,...
Market Update – Mega-Cap Support and UNG Update
3:26 p.m. ET Other than the facts that this week is heavily skewed toward mega-caps earnings, and the group has...
Early Update – Sharp Reversal In Yields Supports S&P $4200
11:52 a.m. ET It’s been a very dynamic and fast moving morning , requiring me to update this post several...
A.M. Update
S&P futures are down -0.35%, but off the worst levels of -0.7% earlier this morning. Action in the Treasury market...
Afternoon Update
Ugly close at session lows to end and ugly week… On the week – SP-500 2.4%, Dow -1.6%, NASDAQ-100 -2.9%,...
Market Update – Consolidating Bearishly
3:13 p.m. ET As per the Early Update, “I do suspect the averages are going to find some intraday support...
Early Update – Flight To Safety and Deleveraging Ahead of Weekend Uncertainty
11:25 a.m. ET Stocks are being sold ahead of the weekend when participants would not be able to react in...
A.M. Update
S&P futures are down -0.35%, while global markets follow in the U.S. market’s footsteps, in a sea of red. With...
Daily Wrap -Middle East Events Send Stocks Lower, But Long Term Yields Are the Real Risk
Today’s early price action was choppy, between mixed earnings results, volatile moves in yields, and Fed chair Powell’s commentary, but...
Market Update – Post Powell
2:18 p.m. ET As Powell spoke there were some knee jerk reactions in stocks and rates, which should be no...