Daily Market Analysis
2023-10-26
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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| 09:44:57 Pete |
Long green and long red. Let both sides battle it out. |
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| 09:49:59 Pete |
Everyday someone wants to ask about the war or inflation or an analyst rating change or a hedge fund strategy that someone read about. This has been going on for years in this chat room and my answer is always... |
| 09:51:17 Pete |
Even the seasonal bias I have been talking about... it's not there yet. Trade price and know that we could see that reversal. Be aware. |
| 09:53:11 Pete |
I am looking for shorts. Not because I am overly bearish, but because that is where our first opportunity lies with this bearish 1OP cross and overnight weakness. Once I do that, I will try to find some longs. |
| 09:56:32 Pete |
Not many stocks in bullish searches and bearish searches are loaded with breakdowns. That should tell you something. |
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