Daily Market Analysis

2023-07-05

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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09:40:06
Pete
No blue dots in your columns, no hurry. We need volume
10:41:56
Pete
No volume behind this market bounce, but it was immediate. 
12:01:03
Pete
SPY thru VWAP
13:20:13
Pete
These 4 day weekends suck the life out of the market. Friday and today fell victim as well. We are going to get some movement tomorrow and Fri could be decent. 
13:23:42
Pete
After the central bank summit last week and Powell's testimony before Congress two weeks ago I can't imagine anything new. "We are closer to the end than the beginning. After aggressive rate hikes it was prudent for us to pause...
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