Afternoon Note
By Charles Payne, CEO & Principal Analyst
1/23/2020 1:31 PM
The market is essentially on hold once again, as investors continue to study earnings results, and for the moment, wait for the World Health Organization’s (WHO) designation of the Wuhan coronavirus outbreak. But there is no panic, which in of itself speaks volumes.
|
S&P 500 Index |
-0.25% |
|
|
Communication Services (XLC) |
-0.37% |
|
|
Consumer Discretionary (XLY) |
-0.27% |
|
|
Consumer Staples (XLP) |
-0.41% |
|
|
Energy (XLE) |
-0.90% |
|
|
Financials (XLF) |
-0.75% |
|
|
Health Care (XLV) |
-0.76% |
|
|
Industrials (XLI) |
+0.43% |
|
|
Materials (XLB) |
-0.59% |
|
|
Real Estate (XLRE) |
+0.81% |
|
|
Technology (XLK) |
+0.16% |
|
|
Utilities (XLU) |
+0.40% |
The biggest winners are mostly reacting to earnings results and brokerage upgrades.
Top S&P Winners
|
Citrix Systems Inc. |
+11.09 |
+9.30% |
|
Netflix Inc. |
+17.66 |
+5.42% |
|
Western Digital Corp. |
+2.61 |
+3.80% |
|
Kinder Morgan |
+0.75 |
+3.55% |
|
M&T Bank Corp. |
+5.68 |
+3.51% |
|
L Brands Inc. |
+0.62 |
+3.10% |
|
General Electric Company |
+0.35 |
+3.03% |
|
Skyworks Solutions Inc. |
+3.18 |
+2.55% |
|
Expedia Group, Inc. |
+2.79 |
+2.54% |
|
Union Pacific Corporation |
+4.54 |
+2.51% |
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