Daily Market Analysis
2024-09-18
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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09:33:08 Pete |
PRE-OPEN MARKET COMMENTS FED-DAY - I believe the Fed will cut rates by 25 basis points today and signal a willingness to cut rates again this year if conditions warrant it. They are in the driver seat and that is... |
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09:41:52 Pete |
Good morning! |
09:42:57 Pete |
Don't paint yourself into a corner. Be very selective and don't force trades. A bad entry will force you to take the loss or to hold over a big event. |
10:05:57 Pete |
We have a bearish 1OP cross. I am not expecting much movement. |
10:23:24 Pete |
LUNR is a momo, but looks good. NASA contract |
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