Daily Market Analysis

2024-07-10

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

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09:32:33
Pete
PRE-OPEN MARKET COMMENTS - To quote the Talking Heads, "Same as it ever was." Gap up to a new all-time high. Bid check in the first half of the day. Once support is confirmed, A gradual move higher. The volume...
09:43:22
Pete
Short EAT $65.35. This is a fairly illiquid stock, but I liked the chart. I started offering as soon as I saw the stock and the market opened. I had orders layered higher up and only 3 filled. I set an...
09:49:22
Pete
Exit EAT $63.35 for $2 gain for 1/3 of position
09:50:51
Pete
Some people call this scalping... I don't. This might have been a quick trade, but $2 is hardly a scalp. The stock simply did what it was supposed to... fast
09:54:28
Pete
I had an LRSI alert set for CCJ and I just got alerted > .8 M15  This is a mining stock. No need to chase. Buy dips and set those alerts @Ajrob85: CCJ strong out of the gates View
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