Daily Market Analysis
2023-12-28
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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| 13:20:00 Pete |
With regard to retailers, they might all be in the same sector, but the results vary incredibly from one company to the next. |
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| 13:23:44 Pete |
I would like to see SPY close > $478. If for no other reason than to put the all-time high into play on the last trading day of the year. |
| 13:25:42 Pete |
Financials have been an easy long today. They are ticking higher. I like the compression and likely breakout on GS. Steady move higher. |
| 13:30:04 Pete |
We've seen a slight uptick in SPY volume in the last hour. We could get a move late in the day. Of course I would be favoring the upside. I would like to get thru this bearish cycle and then... |
| 10:16:46 Pete |
I like financials. XLF has been making higher lows M5 and drifting up while the market probes for support this AM. The D1 on financials is strong. Hard to believe, but when we come back next week, we are only... |
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