Daily Market Analysis

2026-08-13

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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09:31:33
Pete
PRE-OPEN MARKET COMMENTS THURSDAY - The market staged a breakout to a new high last week and the gains came quickly. If the move was simply mechanical (short squeeze) then profit taking would have produced a pullback. We have not...
10:03:59
Pete
I am not a big fan of gap and go formations to a new all-time high so I am going to patiently wait for my entry. 
10:04:59
Pete
I am fine with missing an early move that keeps going. The price action is strong and the volume is heavy so this looks legit. If this move continues, at some point there will be a dip that I can...
10:05:33
Pete
What I don't want to do is to chase and then have the rug pulled out from under me if this move reverses. 
10:16:35
Pete
Long RH $185.81. Tough stock to trade. Wide bid/ask so small size. You have to bid for this one. Retail has a bid and I like the M5 on this stock. When these illiquid stocks go, they can produce some nice...
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