Daily Market Analysis
2026-01-02
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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| 09:37:35 Pete |
Exit Long MU $303.16 for $8 gain. First one is in the bag, but that was a swing trade so it doesn't really count. |
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| 09:45:48 Pete |
The picks Hari and I posted from the live event Wed are going well. |
| 09:50:48 Pete |
QQQ bounced off of the 50-day and it is above the open from Friday's red candle. That is bullish for today. |
| 09:51:54 Pete |
1OP finishing a bearish cycle. I am favoring the long side, but I will be patient. We tested the gap an held most of it. That is a good sign. We rallied above the hod, that is a good sign. |
| 10:06:15 Pete |
Best to let this initial wave of excitement run its course and prove itself. Buyers were not very excited earlier in the week... what changed? |
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