Afternoon Update
It looks like yesterday’s one day oversold internals are working out pretty well again today with the benchmark index in...
SPX $5700 Measured Move Met
12:59 PM ET It’s another busy morning with a lot of moving parts, which of course are effecting the market....
A.M. Update
The market had a fairly positive bias ahead of payrolls with semiconductor stocks higher after earnings and guidance from Broadcom...
Important Stock Market Signal – 37 Second Follow Up
The SPX did it this week, and has met my measured move range ($5700-$5725), coming within 11 SPX points, or READ MORE
Daily Wrap – 11 Points Off Low End of SPX’s Measured Move
Other than another day of 1-day oversold internals and the market acting consistently with that, today was a great example READ MORE
Daily Wrap – 11 Points Off Low End of SPX’s Measured Move
Other than another day of 1-day oversold internals and the market acting consistently with that, today was a great example...
Afternoon Update
The charts aren’t looking amazing as far as new signals, there’s a little something going on intraday this afternoon. Still...
Chaotic Market at Critical Levels.
12:44 PM ET It has been yet another busy, volatile day so far with ugly tone after yesterday’s 1-day overbought...
A.M. Update
S&P futures are down -1.2% following a strong 1-day overbought internals signal yesterday. The ECB cut rates for the 6th...
Daily Wrap – Moving Toward Transitional
Yesterday posted the strongest 1-day oversold internals signal of the decline since ABI signals fired off. President Trump’s address to...
Perhaps a Game Plan Into NFP
2:55 PM ET After speculation from yesterday afternoon and earlier this afternoon, the White House has given a 1-month exemption...
One-Day Oversold Internals Kick In
1223 pmet Some better economic data this morning is taking the edge off growth concerns, although investors still wait on...
A.M. Update
S&P futures are down -0.1%, fading earlier post-market/overnight gains on hopes of tariff relief. President Trump gave no indication that...
Daily Wrap – S&P Measured Move Met, Deeply Oversold At Important Technical Levels. The Stage Is Donald Trump’s.
I’m going to keep this post on the short side tonight as a lot can change with President Trump laying...
Afternoon Update – Tech Sector Taking The Lead
This afternoon’s closing trade is fairly fast-paced. For all intents and purposes, the SPX met my measured move. On a...
SPX Within 0.15% of Measured Move Target
12:43 PM ET Last night I warned that a break of USD/JPY $148.50 would exacerbate deleveraging flows via the carry...
A.M. Update
S&P futures are down -0.6% with Russell 2000 futures lagging down -1.1%. Focus remains on tariffs that kicked in at...
Daily Wrap -Voyage to $5700 (second leg).
Friday afternoon saw end of month pension fund rebalancing driving stocks higher into Friday’s close, but that’s an end of...
Uglier
320 pmet I don’t know if timing of recent news has a role in the increasingly ugly market action, led...
