Daily Market Analysis

2025-03-04

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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09:45:03
Pete
I missed that revision. TY  @RankZero: Atlanta Fed revised yesterday to -2.8% instead of -1.5.  · @Pete: Look at the 100-year chart of the S&P 500. When you are shorting, you are always trading against that tren... View
09:59:19
Pete
The move lower has had some overlap so it is not going to hell in a handbasket. After a big market drop yesterday, I suggest waiting. If you have a short that is just starting to break D1 support and...
10:00:45
Pete
Since this is a gap and go we are likely to continue lower. When we get a steep initial drop, we tend to get a big bounce. On that bounce you will have your chance to short. 
10:02:41
Pete
Worst thing you can do is to pile in. Then if we get a big bounce you are screwed. Don't relinquish your control. Hang on to it as long as you can and know that there will be lots of...
10:03:03
Pete
Financials are weak
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