Afternoon Note
It’s been a quiet session, but the market was able to quickly climb off the canvass early in the session. It has been an eclectic mx of market leaders from McKesson (MCK) to Lowes (LOW) and chip favorites Advanced Micro (AMD) and NVidia (NVDA). Amazon (AMZN) keeps its momentum going after lagging its other high-flying brethren in 2019. The stock is lifting Consumer Discretionary sector.
Some of the stalled market is because of uncertainty over the coronavirus, but rally consolidation is par for the course, especially after the year the market has had in the past 13 months. Note forcing the issue is fine, but there are so many great looking potential investments everyone should be prepared.
So don’t bury your head in the sand or lost focus stop paying attention.
S&P 500 Index |
+0.23% |
|
Communication Services (XLC) |
+0.14% |
|
Consumer Discretionary (XLY) |
+0.57% |
|
Consumer Staples (XLP) |
+0.34% |
|
Energy (XLE) |
-0.94% |
|
Financials (XLF) |
-0.30% |
|
Health Care (XLV) |
+0.20% |
|
Industrials (XLI) |
+0.10% |
|
Materials (XLB) |
+0.02% |
|
Real Estate (XLRE) |
+0.63% |
|
Technology (XLK) |
+0.60% |
|
Utilities (XLU) |
+0.14% |
Tweet |
10/17/2025 1:43 PM | Friday Zig Zag |
10/17/2025 9:51 AM | They Warned Us About Everything Else |
10/16/2025 1:33 PM | Another Intraday Reversal |
10/16/2025 9:30 AM | ENCOURAGING BUT NEED MORE |
10/15/2025 1:23 PM | Intraday Weakness |
10/15/2025 9:53 AM | STRONG “DOWN” DAY |
10/14/2025 1:27 PM | Intraday Recovery |
10/14/2025 9:45 AM | HO, HO, HO |
10/13/2025 1:42 PM | Fears Eased |
10/13/2025 9:49 AM | ROUGH BUT NOT HELLISH |
10/10/2025 1:48 PM | Chinese Trade Negotiations Reignite |
10/10/2025 10:05 AM | BIRTHDAY BREAK |
10/9/2025 1:25 PM | Shutdown Continues |
10/9/2025 9:53 AM | DOOM PORN DOESN’T DISTRACT INVESTORS |
10/8/2025 1:14 PM | FOMC Minutes in Focus |
10/8/2025 9:45 AM | DIFFERENT TYPES OF BOTTOM FISHING |
10/7/2025 1:34 PM | Taking a Breather |
10/7/2025 9:55 AM | LOTS OF CHASING BUT SOME BOTTOM FISHING TOO |
10/6/2025 1:36 PM | AMD deal powers Semiconductors |
10/6/2025 9:42 AM | ROTATION HAS BEGUN |
10/3/2025 1:30 PM | Midday Air Pocket |
10/3/2025 9:33 AM | MUSCLE MEMORY & AI FRENZY |
10/2/2025 1:34 PM | Searching for Direction |
10/2/2025 9:47 AM | A HEALTHY ROTATION |
10/1/2025 1:29 PM | Shutdown Resolve |
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