Daily Market Analysis
2023-05-17
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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| 09:41:17 Pete |
CLICK HERE TO WATCH TODAY'S VIDEO |
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| 10:14:55 Pete |
In a shitty market like this you have an opportunity to evaluate longs early today. On the gap up all of the garbage follows the move higher. When the market reverses you get to see which ones are the real... |
| 11:11:17 Pete |
The list of stocks with volume today is short |
| 11:27:04 Pete |
I appreciate everyone's restraint on political comments after that speech. I am biting my tongue as well. |
| 11:57:47 Pete |
We took out the high from Tues and your brain is telling you not to expect a breakout. Look for resistance. We did have a little volume on the rally, but nothing that special. No need to bail on longs.... |
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