The markets are retreating today after reports of a second case of the coronavirus in the U.S. Concerns that the virus could impact consumer discretionary spending, as well as travel, is weighing on stocks. Some believe that the market was simply tired and ready for a pullback. Let’s see if buyers emerge into the close as they typically do.
One stock that continues to buck the trend and has received two more upgrades today is Apple (AAPL).
The only S&P 500 sector in the green today is the safe haven Utilities. Healthcare and Energy are the worst performing sectors. WTI crude is down 2.5% today.
|
S&P 500 Index |
-0.83% |
|
|
Communication Services (XLC) |
-1.08% |
|
|
Consumer Discretionary (XLY) |
-1.32% |
|
|
Consumer Staples (XLP) |
0.69% |
|
|
Energy (XLE) |
-1.47% |
|
|
Financials (XLF) |
-1.27% |
|
|
Health Care (XLV) |
|
-1.53% |
|
Industrials (XLI) |
-0.67% |
|
|
Materials (XLB) |
-0.78% |
|
|
Real Estate (XLRE) |
|
-0.12% |
|
Technology (XLK) |
|
0.00% |
|
Utilities (XLU) |
+0.15% |
Decliners are definitely outpacing advancers on both the NYSE and Nasdaq, yet there are more new 52-week highs are being made than lows.
|
Issues: |
NYSE |
NASDAQ |
|
Advancing |
808 |
820 |
|
Declining |
2,083 |
2,302 |
|
Total |
2,961 |
3,203 |
|
52 Week High |
220 |
188 |
|
52 Week Low |
56 |
42 |
| Tweet |
| 1/8/2026 1:42 PM | Cyclical Rally Resumes |
| 1/8/2026 9:34 AM | TIME TO FIGHT FOR MAIN STREET |
| 1/7/2026 1:29 PM | Change of Guards |
| 1/7/2026 9:45 AM | HOARDING GOLD IN THEM THAR HILLS |
| 1/6/2026 1:24 PM | Strength Continues |
| 1/6/2026 9:38 AM | CALLING ALL SPACE CADETS |
| 1/5/2026 1:36 PM | Starting Off Right |
| 1/5/2026 10:00 AM | 2026 NEW NARRATIVES |
| 1/2/2026 1:06 PM | Mixed Session |
| 1/2/2026 9:41 AM | DAY ONE - 2026 |
| 12/31/2025 9:38 AM | HAPPY NEW YEAR |
| 12/30/2025 1:17 PM | Investors Await FOMC Minutes |
| 12/30/2025 9:38 AM | FED MINUTES TODAY |
| 12/29/2025 2:11 PM | Holiday Continues |
| 12/29/2025 9:44 AM | LARGE STAYS IN CHARGE HEADING INTO 2026 |
| 12/26/2025 12:47 PM | Slow Session |
| 12/26/2025 9:30 AM | The Market’s Gift: New Heights |
| 12/24/2025 9:10 AM | HO HO HO, MERRY CHRISTMAS |
| 12/23/2025 1:35 PM | Just In Time For Santa |
| 12/23/2025 9:26 AM | STRONG START TO A SHORTENED TRADING WEEK |
| 12/22/2025 1:37 PM | Broad Strength |
| 12/22/2025 9:26 AM | GETTING READY FOR THE YEAR-END |
| 12/19/2025 1:40 PM | Is Santa Coming? |
| 12/19/2025 9:38 AM | DEAR SANTA |
| 12/18/2025 1:44 PM | Markets Enthusiastic |
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