Daily Market Analysis

2025-05-01

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

Click to expand content and reposition slider.

09:30:51
Pete
PRE-OPEN MARKET COMMENTS THURSDAY - The market has rebounded nicely and it has broken above major resistance at SPY $550. The S&P 500 has rallied 200 points in the last 24 hours and all is right in the world again......
09:31:11
Pete
I've been expecting this bounce and I knew that we still had some potential upside catalysts in the next two weeks. When these events run their course, market resistance will form and the undertow will build. That is the moment...
09:37:03
Pete
Good morning!
09:37:40
Pete
ISM Man in 20 min
10:01:03
Pete
ISM Man 48.7. Slightly better, but still in contraction territory
Top