Daily Market Analysis
2024-01-12
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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| 13:46:52 Pete |
I have my power back, but I don't know for how long. If you get called out on a trade, learn from it. |
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| 13:47:39 Pete |
I will do a video Sun and I will give you a jump on the stock I am going to highlight. I love IBM. You guys have been on it all day so congrats! |
| 13:49:46 Pete |
I don't know that the market will do much, but I would feel confident enough to try longs. We have a nice base that has formed. There is still a bit more of this cycle to run and we want... |
| 13:51:30 Pete |
I do view the action this morning as another potential "bullet" dodged. PPI was better than expected and XLF has been able to hold recent gains after bank earnings this morning. The closer we get to mega cap tech earnings,... |
| 13:53:35 Pete |
The economic news is light next week and we have a holiday shortened week. I don't see any spoilers. |
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