Daily Market Analysis

2026-06-18

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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09:32:26
Pete
I was not assigned on RKLB. I will be buying back my puts and selling some July $110 puts today. My cost basis on the stock is < $115
09:34:24
Pete
With the nice market rebound, I don't like the stock trading below AVWAPE this morning. I will watch and evaluate, but this is not what I expected. The day is young and the stock is choppy.
09:40:17
Pete
Two long reds stacked tells you not to buy. We need to wait. Bears should wait as well ahead of a holiday.
09:55:19
Pete
IBM is nasty
09:56:24
Pete
In the early going, I am seeing many more good shorts than longs
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