Daily Market Analysis
2024-09-24
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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| 09:33:05 Pete |
Welcome back. Lots of improvements in the last two years. @nathan_b: Just introducing myself... I'm Nathan I had Option Stalker back in I believe 21-22 and only discontinued cuz being on lab top all day and working all night was... |
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| 09:51:25 Pete |
Market drifting lower and 1OP is spiking. I don't feel any urgency to get long. At very least I would wait for some of the upcoming bearish cycle to run. |
| 09:56:34 Pete |
When I talk about the slippery slope associated with Fed rate cuts, China is a classic example. They are doing all they can to stimulate growth and it is not likely to matter much. The EU is another example. They've... |
| 10:02:27 Pete |
I'm not bearish, I am just aware of what is happening around us. As long as our economic numbers are steady, the market can rally with a dovish Fed. I am monitoring the appetite to buy at this level. Are... |
| 10:17:45 Pete |
The issue with VKTX is that it is another weight loss drug. The hype around it is incredible. Every breakout looks legit and then it gets smacked down. I would avoid this long until it has news that gets it... |
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