Afternoon Note
It’s a nice rebound today, although there are still vestiges of angst after one of the roughest market months in years. Currently, the S&P 500 is down 6.7% for the month of October, which is better than the 11% it was down at the lows on Monday.
The great news is the market is exhibiting resolve having been tested by a strong report on wages.
*Biggest surge in a decade
Main Street is on the verge of getting paid.... big time, but is this kind of news that leaves blood in the water for Federal Reserve hawks. If the rally holds, this will be the best back to back session in a couple of years and much needed relief for investors.
+1.34% |
|
+1.91% |
|
+1.39% |
|
-1.08% |
|
+2.04% |
|
+1.99% |
|
+0.54% |
|
+1.36% |
|
+1.21% |
|
-0.74% |
|
+2.35% |
|
-0.89% |
Breadth:
Tweet |
3/28/2024 1:39 PM | Fruitful Quarter |
3/28/2024 9:50 AM | LISTEN TO THE MARKET |
3/27/2024 1:40 PM | Mostly Higher |
3/27/2024 9:32 AM | U-TURN? |
3/26/2024 1:08 PM | Everything Is Up |
3/26/2024 9:42 AM | TAPPED OUT (I HOPE YOU AT LEAST GOT A T-SHIRT) |
3/25/2024 1:33 PM | Not A Mutiny |
3/25/2024 9:35 AM | STAYING THE COURSE…BEYOND TECH |
3/22/2024 12:56 PM | Toll on Americans |
3/22/2024 9:38 AM | A TAD TIRED |
3/21/2024 1:55 PM | Building on Gains |
3/21/2024 9:30 AM | A COMFORTING FED |
3/20/2024 1:33 PM | Pivotal Moment |
3/20/2024 10:00 AM | HERE COMES THE FED |
3/19/2024 1:33 PM | Picking Up Steam |
3/19/2024 9:35 AM | RUMBLINGS IN THE BOND MARKET |
3/18/2024 1:48 PM | Mag 7 is Back |
3/18/2024 9:39 AM | THE PARTY IN SAN JOSE WILL BE LIT |
3/15/2024 1:38 PM | Realtors Settle |
3/15/2024 9:33 AM | AN UNEASY PAUSE |
3/14/2024 1:43 PM | Sticky Inflation |
3/14/2024 9:48 AM | GOING TO A GO-GO |
3/13/2024 2:16 PM | Taking a Breather |
3/13/2024 9:51 AM | ALL SO EPIC |
3/12/2024 1:42 PM | Marching Higher |
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