Daily Market Analysis

2025-05-07

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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10:15:58
Pete
It takes time to figure out how to trade. Everything is random and eventually puzzle pieces reveal themselves. In time, you see how the puzzle pieces fit together. Eventually, you are able to put everything into context and you have...
11:24:08
Pete
Exit Short Sold HTZ May (16) $8 puts @ $2.00 for $.60 gain. Seeing some RS on AVWAPE on volume and earnings next week. I am still short the $4.50 puts @ $.20 that expire this Fri.
12:02:50
Pete
Something that you are all unaware of is that my programmer of 15 years (Dima) was captured by a Ukrainian patrol last November and forced to take arms. This was devastating news and I have not heard from him since....
13:09:00
Pete
Exit Long CCJ June (20) $45 call @ $6.15. Hard to turn down a 20% overnight gain ahead of the Fed. The stock was also bumping up against a D1 trendline.
14:10:49
Pete
I don't see any positives in the statement. Higher inflation risk and lower employment risk. 
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