Daily Market Analysis

2024-02-13

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

Click to expand content and reposition slider.

09:32:52
Pete
I WILL MISS THE LAST HOUR OF TRADING THURSDAY AND I WILL BE OUT FRIDAY
09:35:33
Pete
Option IVs will be rich and market makers will spread the bid/ask. 
09:52:42
Pete
Some of you are going to be tempted. "Hey look at how well XYZ is holding up. It has RS and the market is going down. I think I am going to buy some and when the market bounces... it...
09:56:09
Pete
1. This is a big drop and it needs to be respected. Was the CPI that bad? No. Only some of this selling is related to the CPI. Some of it is bullish specs getting flushed out and some of...
10:05:03
Pete
There is a key level that will come into play. Don't guess. I gave it to you last week. Do you remember it and why it was important?
Top