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.
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 |
7/3/2025 9:45 AM | NICE & STEADY AS SEMIS CONTINUE TO CHIP IN |
7/2/2025 1:44 PM | Materials' Strength Continues |
7/2/2025 9:38 AM | BARNBURNER |
7/1/2025 1:29 PM | Rotation |
7/1/2025 9:45 AM | FEAR OF MISSING OUT IS CREEPING IN |
6/30/2025 1:24 PM | Steady As She Goes |
6/30/2025 9:54 AM | SUMMER RALLY STARTS |
6/27/2025 1:35 PM | Reaching New Heights |
6/27/2025 9:39 AM | THERE'S MORE! |
6/26/2025 1:10 PM | S&P Approaches Record |
6/26/2025 9:51 AM | CHIPS MOMENTUM CONTINUES |
6/25/2025 1:42 PM | Tech Stocks Power Nasdaq 100 |
6/25/2025 9:47 AM | CLIMBING MOUNTAINS OF WORRY |
6/24/2025 1:47 PM | Peace Rally |
6/24/2025 9:48 AM | PEACE THROUGH STRENGTH: THE MARKET LOVES IT |
6/23/2025 1:47 PM | Getting Some Resolve |
6/23/2025 9:51 AM | BRACING |
6/20/2025 1:29 PM | Second Triple Witching |
6/20/2025 9:38 AM | POWELL BLEW IT |
6/18/2025 12:41 PM | FED Day |
6/18/2025 9:45 AM | ROOM WITH A VIEW |
6/17/2025 1:26 PM | Tension Continues |
6/17/2025 9:50 AM | THE BIG TECH TEN & CO |
6/16/2025 1:34 PM | Fears Subside |
6/16/2025 9:44 AM | DRUMBEATS OF PEACE |
More commentary archives |
Home |
Products & Services |
Education |
In The Media |
Help |
About Us |
Disclaimer | Privacy Policy | Terms of Use | All Rights Reserved.
|