Afternoon Update
On the week the S&P is down (as of this writing) -1.4%, NASDAQ-100 is down -1.5%, Dow Transports down -4.1%...
Market Update – Some Flags Breaking
3:18 p.m. ET It feels like it may be a hectic close. Several of the bear flags are breaking down,...
Still Consolidating in Bear Flags
1:48 p.m. ET Today feels a bit more like the holiday shortened week’s typical dull trade, but it’s not benign...
Early Update – Consolidations Taking Better Shape
10:50 a.m. ET The gist of this morning’s trade thus far are the broader consolidations I talked about Wednesday night...
A.M. Update
Index futures are mixed, but very little changed. Treasury Yields are little changed from yesterday’s settlement levels. The 2-yr yield...
Daily Wrap
For the second day in a row, Apple (-2.9%) was one of the biggest drivers of the broader market as...
Afternoon Update
So far all of the averages are running perfectly parallel bear flags – I see this every time with bear...
Market Update
2:37 p.m. ET The Dow Jones Industrial Average holds a modest gain, but the overall tone is negative. The other...
Early Update
11:53 a.m. ET A lot, if not most of those small intraday bear flags from yesterday broke this morning, Apple...
A.M. Update
S&P futures are down -0.75% and NASDAQ-100 futures are down -1.25%. Apple is down another -3.7% this morning, hanging over...
End of Day Stock Market Wrap-Up
Today’s trade started on a mixed note. Early on we got the exact scenario suspected last night with Small Caps READ MORE
Daily Wrap
Today’s trade started on a mixed note. Early on we got the exact scenario suspected last night with Small Caps...
Market Update
3:11 p.m. ET SP-500 -0.85%, Dow -0.6% (Transports -0.8%), NASDAQ-100 -1.1%, Small Caps -0.45% Losses aren’t huge, but as I...
Regional Banks Bear Flag
1:16 p.m. ET Remember that bear flag in Regional Banks (-2.4%)? It’s breaking down. I’m wondering if anyone is in...
Early Update -Services Data Sends yields Higher, Market Lower
11:10 a.m. ET Since the open Services data has given the market a stagflationary feel with yields moving from lower...
A.M. Update
S&P futures are down -0.2%, while Small Cap Russel 2000 futures are up +0.1%. Oil prices are creating more grief....
Daily Wrap
This holiday-shortened week got started on the weaker side. As noted in the A.M. Update, “I’m not sure if this...
Afternoon Update
I feel like it’s appropriate to say, “we laughed, we cried, and it was a silly day in the market”....
Intraday Update
1:24 p.m. ET Since the Early Update, we have some technical and psychological levels of support in play. A more...