Daily Market Analysis
2023-03-16
Review our intraday commentary to learn how we interpret price action and build a market narrative.
Drag the blue slider to reveal the day's price action. Dots on the timeline represent comments and can be clicked. View the table below for all market-related comments and annotated charts (including those from after hours).
Abbreviated Comments View all
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| 09:30:58 Pete |
PRE-OPEN MARKET COMMENTS THURSDAY – All eyes are on credit these days. Credit Suisse is likely to get aid from the central bank. It is important to know that Switzerland is not part of the ECB. If European banks issues... |
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| 10:01:49 Pete |
Just a note from overnight. I mentioned the decision making process that banks are going through right now. Credit markets are tightening and GS lowered their GDP growth forecast by .35% to 1.2% due to tighter lending standards. |
| 10:18:00 Pete |
This 1OP bullish cycle is not producing. Action is pretty choppy so far and the volume is lighter than what we have seen in recent days. |
| 10:31:18 Pete |
There is a very odd reason why the price action dies down on this day. Those of you who have been here for more than a year might remember why. I have been aware of it for more than 30... |
| 10:32:04 Pete |
Bingo NCAA Tournament |
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