Daily Market Analysis
2024-12-09
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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| 09:51:44 Pete |
China promising more stimulus. Day trade or very short-term overnights. Conditions are not good there. Municipalities are running out of money and they can't pay workers. |
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| 09:56:45 Pete |
There's not much going on so I am trying to find where I might get a "tell". The market tested the low Friday a few times. A breach of that support would produce a nice long red and then the... |
| 10:01:41 Pete |
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| 10:28:40 Pete |
Sometimes knowing where the "tell" is reveals where price is going. The programs are looking for answers too. |
| 10:43:46 Pete |
If you've been taking gains on your swings you should be happy you did so. You are seeing some of the "runners" like APP, RDDT, PLTR. TSLA... reverse hard. You might have some long exposure, but it is minor compared... |
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