Daily Market Analysis

2025-10-02

Mark As Read
Mark As Read

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 - Yesterday the market made an all-time new high. I didn't care that the private sector shed 32K jobs in September or that the government shut down. A rally in the midst of bad news tells...
09:40:12
Pete
Exit WFC Oct (3) puts @ $.15. Small gain. I am effectively long the $81 puts @ $.75.
09:56:16
Pete
All of my put sales are working out well. NBIS with a little pop giving me more room.
09:56:59
Pete
Market filled the gap instantly and we have a bearish cross. No need to dive in. 
10:34:50
Pete
This is steady selling. That little bounce a few minutes ago was to get bulls to bite. Let this bearish cycle run and see how far we drop
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