Afternoon Note
By Charles Payne, CEO & Principal Analyst
5/22/2020 1:41 PM
It’s been a ho-hum session, and I think that is great. All the major indices are up nicely for the week and all in the midst of breaking out.
While the broad market has been displaying resolve, the NASDAQ Composite has been displaying spunk, and it has done so again reversing off the lows of the session to trade into positive territory.
For the broader market, upgrades on 5G players American Tower (AMT) and Crown Castle (CCI) are lifting the Real Estate sector higher, and a combination of very oversold spec names like Coty (COTY) are among the highest percentage gainers.
|
S&P 500 Index |
-0.09% |
|
|
Communication Services XLC |
+0.11% |
|
|
Consumer Discretionary XLY |
-0.51% |
|
|
Consumer Staples XLP |
+0.17% |
|
|
Energy XLE |
-1.37% |
|
|
Financials XLF |
-0.55% |
|
|
Health Care XLV |
+0.03% |
|
|
Industrials XLI |
-0.47% |
|
|
Materials XLB |
-0.55% |
|
|
Real Estate XLRE |
+1.41% |
|
|
Technology XLK |
+0.14% |
|
|
Utilities XLU |
+0.31% |
Have a safe and wonderful holiday weekend. Be safe and stay well.
| Comments |
| We are looking to travel. Alas, no flights. Just sayin Dawn on 5/22/2020 4:44:10 PM |
| Tweet |
Log In To Add Your Comment
| 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 |
| 12/18/2025 9:28 AM | ORACLE CONTINUES TO HAUNT THE AI TRADE |
| 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 |
| More commentary archives | |
|
Home |
Products & Services |
Education |
In The Media |
Help |
About Us |
Disclaimer | Privacy Policy | Terms of Use | All Rights Reserved.
|