Daily Market Analysis

2026-05-07

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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09:30:25
Pete
PRE-OPEN MARKET COMMENTS THURSDAY - The market rally has staged the next leg higher and good news is priced in. The headlines from Iran have been promising and the market is pricing in a resolution. Earnings have been strong and...
09:49:46
Pete
Nice consecutive reds and an instant gap fill to start the day tell us this move lower could have legs. 
09:51:51
Pete
Correct  @Furan: Today is not yet the moment to add to small positions in swings, right?  · @Pete: Nice consecutive reds and an instant gap fill to start the day tell us this move lower cou... View
10:04:03
Pete
Long TSLA $412.34 add
10:12:36
Pete
My ave on TSLA is $391.31 and that is a 4X. This is a longer-term swing. How can I be that confident? Because the price action is telling me the stock is going higher and because I am adding to...
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