Afternoon Note
The market has been in a holding pattern after the three-day break, as investors are looking for a catalyst to restart the rally. The good news is, there is no panic, but there is some growing angst.
The biggest issue continues to be valuation, as few can quibble with the strength of the underlying economy; although, I think it’s reigniting. Earnings are expected to grow dramatically throughout the year, so it’s critical companies have the confidence to offer strong guidance.
Meanwhile, technology keeps rocking.
S&P 500 Index |
-0.03% |
|
Communication Services (XLC) |
-0.04% |
|
Consumer Discretionary (XLY) |
-0.23% |
|
Consumer Staples (XLP) |
-0.06% |
|
Energy (XLE) |
-1.01% |
|
Financials (XLF) |
-0.13% |
|
Health Care (XLV) |
+0.15% |
|
Industrials (XLI) |
-0.53% |
|
Materials (XLB) |
-0.62% |
|
Real Estate (XLRE) |
+0.58% |
|
Technology (XLK) |
+0.42% |
|
Utilities (XLU) |
+0.28% |
I’m not forcing the issue here, but I am confident about the market overall. I am looking for buying opportunities, especially on dips.
Tweet |
9/15/2025 1:36 PM | Solid Rally |
9/15/2025 9:50 AM | It's Still Tech As We Await the Fed |
9/12/2025 1:28 PM | Mega-Caps Move Higher |
9/12/2025 9:32 AM | JAILBREAK |
9/11/2025 1:39 PM | Rally Continues |
9/11/2025 10:08 AM | All AI All the Time |
9/10/2025 1:55 PM | The Oracle Effect |
9/10/2025 9:50 AM | PARTY IN WHOVILLE |
9/9/2025 1:50 PM | Sharp BLS Revision |
9/9/2025 9:48 AM | Tech & Large Cap Safety |
9/8/2025 1:29 PM | Technology Leads Again |
9/8/2025 9:34 AM | FOREBODING |
9/5/2025 1:29 PM | Jobs Data Digest |
9/5/2025 9:55 AM | JOBS DAY (BUCKLE UP) |
9/4/2025 1:07 PM | Stocks Rise and Yields Sink |
9/4/2025 9:45 AM | MOSTLY BLAND |
9/3/2025 1:48 PM | Big Tech Rebounds |
9/3/2025 9:41 AM | NOT AN EMOTIONAL RELEASE (YET) |
9/2/2025 1:37 PM | Gloomy Start |
9/2/2025 9:44 AM | REMEMBER SEPTEMBER? |
8/29/2025 1:33 PM | Fed Governor Cook(ed)? |
8/29/2025 9:49 AM | THE OTHER TECH NAMES AWAKEN |
8/28/2025 1:37 PM | Rallying Resolve |
8/28/2025 9:44 AM | NVDA TRIPPED UP |
8/27/2025 1:31 PM | All Eyes on Nvidia |
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