Daily Market Analysis
2023-06-01
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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| 09:31:28 Pete |
PRE-OPEN MARKET COMMENTS THURSDAY - The House passed the bill and now the Senate will vote on the debt ceiling. That should be market friendly, but the futures are barely up. ADP came in strong and so did initial jobless... |
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| 09:33:57 Pete |
Good morning! I will try to do a video later this morning. I am quite pre-occupied with our server architecture and major decisions we have to make that will impact our future. I will not be active in the chat... |
| 09:36:09 Pete |
Don't feel compelled to initiate trades before the ISM man number in 30 min. Let the action unfold and pick your spots wisely |
| 10:05:31 Pete |
ISM man in line with expectations. 46.9. |
| 10:33:55 Pete |
The volume is just above ave for SPY and the price action is choppy. Mixed candles and we are inside of the range from Wed. Not a great backdrop. If you have the right stock (long or short), the market... |
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