Daily Market Analysis
2023-12-29
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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13:17:50 Pete |
This is a nice bounce. The height is good and the duration is longer just as we expected. I hate to spoil the party, but we are likely to visit the lod one more time. Then we base and then... |
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10:02:56 Pete |
"Measure twice and cut once" today for day trades. This dull market will not be forgiving. Initial moves will appear strong, but most will not have follow thru. If you enter on that initial move the stock will retrace and... |
10:06:43 Pete |
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10:07:18 Pete |
Very basic search. Volume is the key. If the stock can't get thru the prior hod it is not worth looking at. |
10:28:01 Pete |
I am searching, but not finding. |
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