 Afternoon Note
 Afternoon Note
	   
		
Tonight should be great, as there are so many fantastic great things happening in America that rarely gets talked about in prime time.
Then, there are certain issues that are sad and must be addressed. Too many Americans are being left behind, and too many aren’t enjoying their success because they are being told others are getting too large a piece of the pie.
Headline issues will be the key focus tonight.
Immigration: I hope there can be a deal, and I think any mention of emergency action tonight will hit the stock market hard tomorrow. But, if there is a no deal, then I’m sure the market and the nation would prefer a declaration of a national emergency before another government shutdown.
Trade negotiations: President Trump must take care not to seem too eager, but at the same token, it feels like we are on the cusp of the most consequential and best trade deal in American history.
The Market
It’s another session where stocks are generally higher and hinting at perhaps a bigger upside move. There is a major story developing today, this week and in 2019. The market is finding ways to rally without the momentum darlings. Consumer Discretionary is rocking, Material names act great, and even the Communication Services sector is higher despite Alphabet (GOOG/L) weighing it down.
Check out technology being led by Arista Networks (ANET), Intel (INTC) and Qualcomm (QCOM).
There is no doubt the market is marking time, but it’s doing so with an upward bias and growing angst that the train is not only going to leave the station but leave like a bullet train. The question remains about the potential catalyst(s).
| S&P 500 Index | +0.29% | 
| Communication Services (XLC) | +0.37% | 
| Consumer Discretionary (XLY) | +0.71% | 
| Consumer Staples (XLP) | +0.09% | 
| Energy (XLE) | -0.06% | 
| Financials (XLF) | -0.39% | 
| Health Care (XLV) | +0.34% | 
| Industrials (XLI) | +0.27% | 
| Materials (XLB) | +0.73% | 
| Real Estate (XLRE) | -0.29% | 
| Technology (XLK) | +0.82% | 
| Utilities (XLU) | +0.15% | 
| Tweet | 
| 10/31/2025 9:49 AM | NOT AFRAID | 
| 10/30/2025 1:35 PM | More Big Tech Ahead | 
| 10/30/2025 10:17 AM | THE COOLER | 
| 10/29/2025 1:55 PM | All Attention to Big Tech | 
| 10/29/2025 9:38 AM | UGLY WIN | 
| 10/28/2025 1:50 PM | Optimism Outweighs Softness | 
| 10/28/2025 9:33 AM | ALL ABOUT Al (STILL) | 
| 10/27/2025 1:17 PM | Excitement Grows | 
| 10/27/2025 9:51 AM | REVVING UP THE ENGINE | 
| 10/24/2025 1:36 PM | Soft CPI Powers The Market | 
| 10/24/2025 9:41 AM | NICE & STEADY | 
| 10/23/2025 1:32 PM | Thursday Rebound | 
| 10/23/2025 9:33 AM | SQUEAKY WHEEL | 
| 10/22/2025 1:32 PM | Tesla On Deck | 
| 10/22/2025 9:35 AM | SPINNING WHEELS | 
| 10/21/2025 1:35 PM | Dinosaurs Rumble | 
| 10/21/2025 9:41 AM | STEALTH PROFIT-TAKING & ROTATION | 
| 10/20/2025 1:28 PM | Monday Strength | 
| 10/20/2025 9:40 AM | CONSOLIDATING GAINS & ANXIETY | 
| 10/17/2025 1:43 PM | Friday Zig Zag | 
| 10/17/2025 9:51 AM | They Warned Us About Everything Else | 
| 10/16/2025 1:33 PM | Another Intraday Reversal | 
| 10/16/2025 9:30 AM | ENCOURAGING BUT NEED MORE | 
| 10/15/2025 1:23 PM | Intraday Weakness | 
| 10/15/2025 9:53 AM | STRONG “DOWN” DAY | 
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