Daily Market Analysis

2026-05-12

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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09:37:27
Pete
Something is wrong with my monitor. I have these two long red rectangles and I can't seem to get rid of them. 
09:43:31
Pete
Long TSLA $442.80. Add. $401.60 Ave on 5X Posted as soon as I could, but the stock took off. Was going to add yesterday and suspected a hot CPI might give me a better entry point. Did not wait. I now...
09:49:48
Pete
Remember why you took the swing trade in the first place. What ever it was, this overnight move did not change that. Know the price action that supports your thesis and know what rejects it. This is a long term...
10:01:11
Pete
Long INOD Sold June (18) $80 puts @ $5. That was from the video this morning. I am ready and willing to buy that stock as a starter position at $75
10:27:50
Pete
We have an hour's worth of price action. This feels like a downward sloping trading channel. That is consistent with a stubborn bid in a market that has been trending higher. We gapped down and took out the prior day's...
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