Market Commentary
Once again, the market is mostly meandering. All the major equity indices are slightly higher, except the Dow Jones Industrial Average, which gave up a nearly one hundred point gain out of the starting gate.
More broadly, I’m very impressed with Industrials led today by Norfolk Southern (NSC), which updated its business goals this morning, including full year operating ratio of 65.4 improving to 60.0 by 2021. Revenues are expected to increase annually at a five percent compounded rate.
Overall, it just a quiet market waiting for a bunch of developing issues, which are all rapidly approaching key deadlines. Meanwhile, the strong 2019 start consolidations is normal, healthy and good.
S&P 500 Index |
+0.09% |
Communication Services (XLC) |
-0.33% |
Consumer Discretionary (XLY) |
+0.29% |
Consumer Staples (XLP) |
-0.08% |
Energy (XLE) |
+0.03% |
Financials (XLF) |
+0.19% |
Health Care (XLV) |
-0.18% |
Industrials (XLI) |
+0.56% |
Materials (XLB) |
-0.08% |
Real Estate (XLRE) |
+0.18% |
Technology (XLK) |
+0.18% |
Utilities (XLU) |
-0.35% |
1,600 advancers against 1,200 decliners for NYSE and NADAQ.
Tweet |
2/15/2019 1:34 PM | Bearing Fruit |
2/15/2019 9:40 AM | Just a Glitch |
2/14/2019 1:34 PM | Financial Missteps |
2/14/2019 9:41 AM | Happy Valentine’s - Love That Spending |
2/13/2019 1:22 PM | Leading Role |
2/13/2019 9:21 AM | Pros Hate Rally (why you should love it)? |
2/12/2019 1:03 PM | Headwinds & Tailwinds |
2/12/2019 9:45 AM | Potential Border Deal |
2/11/2019 12:27 PM | Meandering Market |
2/11/2019 7:22 AM | Fed’s New Toolbox |
2/8/2019 1:18 PM | Barbie is Back |
2/8/2019 9:28 AM | Key Resistance |
2/7/2019 1:28 PM | Face to Face |
2/7/2019 9:30 AM | Consumers Carry the Load |
2/6/2019 1:17 PM | Technology Luring Investors |
2/6/2019 9:29 AM | Idling Optimism |
2/5/2019 1:20 PM | State of the Union |
2/5/2019 9:30 AM | From High-Flyers to Spruce Goose |
2/4/2019 12:36 PM | Rocket Ship |
2/4/2019 8:59 AM | A Super Bowl to Forget |
2/1/2019 1:38 PM | Jobs Report |
2/1/2019 9:43 AM | A January to Remember |
1/31/2019 1:33 PM | Bright Spot in Housing |
1/31/2019 9:40 AM | Different Kind of Accommodation |
1/30/2019 1:40 PM | Anxiously Awaiting Fed |
Complete commentary archives |
Home |
Products & Services |
Education |
In The Media |
Help |
About Us |
Disclaimer | Privacy Policy | Terms of Use | All Rights Reserved.
|