Afternoon Note
	   
		
The market is meandering, but it’s more from a sense of exhaustion than any kind of anxiety. It’s been a wild year, and this was just the first full week.
The jobs report actually fits nicely in keeping the balance between an economy growing fast enough to keep the market buoyant and keeping the Fed at bay.
There is a chance the Dow Jones Industrial Average could finish higher, which would be amazing considering the weakness in Boeing (more embarrassing emails, which add no news per se, but another reason for some to sell) and the upcoming weekend.
Overall breadth is slightly negative, but again, it could flip into the close. The most important thing is we are heading into 2020 with the right amount of steam, and I’m feeling very confident about the potential for the nation, economy and stock market.
| 
			 S&P 500 Index  | 
			
			 -0.01%  | 
		|
| 
			 Communication Services (XLC)  | 
			
			 -0.04%  | 
		|
| 
			 Consumer Discretionary (XLY)  | 
			
			 -0.22%  | 
		|
| 
			 Consumer Staples (XLP)  | 
			
			 +0.16%  | 
			|
| 
			 Energy (XLE)  | 
			
			 -0.34%  | 
		|
| 
			 Financials (XLF)  | 
			
			 -0.32%  | 
		|
| 
			 Health Care (XLV)  | 
			
			 +0.33%  | 
			|
| 
			 Industrials (XLI)  | 
			
			 -0.40%  | 
		|
| 
			 Materials (XLB)  | 
			
			 +0.05%  | 
			|
| 
			 Real Estate (XLRE)  | 
			
			 +0.71%  | 
			|
| 
			 Technology (XLK)  | 
			
			 +0.01%  | 
			|
| 
			 Utilities (XLU)  | 
			
			 +0.44%  | 
			
| Tweet | 
| 11/4/2025 7:13 AM | THROUGH THE EYE OF A NEEDLE | 
| 11/3/2025 1:14 PM | Another Ugly Session | 
| 11/3/2025 9:43 AM | FINDING A WAY - RALLY CONTINUES | 
| 10/31/2025 1:36 PM | Market Retreat | 
| 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 | 
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