Daily Market Analysis

2026-08-12

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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10:00:17
Pete
Short META $590.43 I like the rejection from the 100-day MA and drop below the 50-day MA. Steady selling this morning
10:07:06
Pete
Missed AEHR. I was bidding for it
10:21:50
Pete
This is the second day in a row where overnight gains were smacked down. It might not be super bearish, but it does indicate that there is some selling pressure and that buyers are not able to overpower it.
10:27:21
Pete
Exit Short META $587.61That was $2.78 gain. Still like the short, but want to see if the market is able to hold VWAP
10:31:56
Pete
News of some kind. Big SPY moves. Still being digested.
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