Afternoon Note
The market is meandering, but the bias is still to the upside. There is lots of news and movement on big issues, but there is not a lot of resolutions. Moreover, the bears are making a stand, as major indices get less than one percent away from new all-time high points.
Weed stocks are intriguing on the one-year anniversary of legalization in Canada. They came out the gate strong but are fading. These stocks have gone up in smoke, and at some point, they will be buys. For now, I think they are trades.
Overall, the market is doing better than the stalled moves in the indices would suggest, but there is caution is the air.
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S&P 500 Index |
+0.25% |
|
|
Communication Services (XLC) |
+0.39% |
|
|
Consumer Discretionary (XLY) |
+0.23% |
|
|
Consumer Staples (XLP) |
+0.61% |
|
|
Energy (XLE) |
-0.09% |
|
|
Financials (XLF) |
+0.02% |
|
|
Health Care (XLV) |
+0.85% |
|
|
Industrials (XLI) |
+0.69% |
|
|
Materials (XLB) |
+0.33% |
|
|
Real Estate (XLRE) |
+0.79% |
|
|
Technology (XLK) |
-0.48% |
|
|
Utilities (XLU) |
+0.23% |
| Tweet |
| 3/20/2026 1:20 PM | From the Strait to the Street |
| 3/20/2026 9:45 AM | SIGNS OF LIFE |
| 3/19/2026 1:25 PM | Continued Pressure |
| 3/19/2026 9:44 AM | MIC DROP |
| 3/18/2026 1:44 PM | Facing Pressure |
| 3/18/2026 9:43 AM | STILL TEPID |
| 3/17/2026 1:27 PM | Continued Resilience |
| 3/17/2026 9:41 AM | GREEN AHEAD OF ST PATRICKS DAY |
| 3/16/2026 1:19 PM | Green Screen |
| 3/16/2026 9:49 AM | TRADING ACTION HINTS AT MAJOR REVERSALS |
| 3/13/2026 1:40 PM | Volatility Continues |
| 3/13/2026 9:33 AM | ON DOWNWARD AUTOPILOT |
| 3/12/2026 1:35 PM | Tech Resilience Fades |
| 3/12/2026 9:40 AM | HOLDING ON, BUT STRUGGLING |
| 3/11/2026 1:19 PM | Mid-Week Movements |
| 3/11/2026 9:37 AM | COMMUNICATION GAUGE CURBS MOMENTUM |
| 3/10/2026 1:38 PM | Showing Resolve |
| 3/10/2026 9:39 AM | OIL RETREATS – STOCKS SURGE |
| 3/9/2026 1:16 PM | Opening The Hormuz Oil Spigot |
| 3/9/2026 9:34 AM | GET THE SHIPS MOVING |
| 3/6/2026 1:33 PM | Friday Fuel Frenzy |
| 3/6/2026 9:55 AM | EVERYONE WANTS THIS THING TO END SOON |
| 3/5/2026 1:31 PM | Market Struggles |
| 3/5/2026 9:40 AM | IT WAS A GOOD DAY |
| 3/4/2026 1:23 PM | Mid-Week Recovery |
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