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 |
| 12/17/2025 1:23 PM | Technology Slides |
| 12/17/2025 9:40 AM | SPRING LOADED |
| 12/16/2025 1:44 PM | Drifting Lower |
| 12/16/2025 9:41 AM | JOBS DATA ARRIVES (FINALLY!) |
| 12/15/2025 1:27 PM | Choppy Action |
| 12/15/2025 9:38 AM | LOOKING FOR A NUDGE |
| 12/12/2025 1:29 PM | Friday Fury |
| 12/12/2025 9:45 AM | DO YOU HEAR WHAT I HEAR? |
| 12/11/2025 1:41 PM | Buyers Emerged |
| 12/11/2025 9:34 AM | THE GRINCH WHO SAVED CHRISTMAS |
| 12/10/2025 1:30 PM | The Street Awaits Fed’s Decision |
| 12/10/2025 9:41 AM | POWELL TAKES CENTER STAGE |
| 12/9/2025 1:27 PM | Fed on Deck |
| 12/9/2025 9:31 AM | NVDA GETS THE GREEN LIGHT |
| 12/8/2025 1:35 PM | Fed Week Jitters |
| 12/8/2025 9:41 AM | HIGH BETA GOES HIGHER |
| 12/5/2025 1:31 PM | PCE Inflation Cools |
| 12/5/2025 9:41 AM | THEME STOCKS LOOK FOR SECOND 2025 ACT |
| 12/4/2025 1:35 PM | Muted Action |
| 12/4/2025 9:43 AM | UPWARD BIAS ON HOPES FOR FRIENDLY FED |
| 12/3/2025 1:29 PM | Recovering from Early Drop |
| 12/3/2025 9:43 AM | TRYPTOPHANE KICKS IN LATE |
| 12/2/2025 1:31 PM | Intraday Bounce |
| 12/2/2025 9:41 AM | THE STREAK IS LONG IN THE TOOTH |
| 12/1/2025 1:30 PM | Markets Start on a Softer Note |
| More commentary archives | |
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