Daily Market Analysis

2026-09-10

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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09:34:39
Pete
PRE-OPEN MARKET COMMENTS THURSDAY - This morning the S&P 500 is down more than 40 points after a .4% increase in PPI (m/m). The price action has been soft all week and we are testing the L- trendline of a...
10:04:54
Pete
I am just watching and looking for strength. If we bounce I want to be ready. I am not saying this is going to happen, it is just where my best opportunity lies. If the market drifts lower, I have...
10:05:48
Pete
What I don't want to do is to enter a short and then to have the market fly back in my face. The downside is limited and the risk of a bounce is too high. 
10:07:02
Pete
What I am also not doing is buying strength. It is too early for that. Often stocks that look strong initially roll over. 
10:07:46
Pete
Yes, I like what I see in AAPL, but I am not ready to buy yet. I am just watching to see how it responds to every red SPY candle
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