Afternoon Note
Since August 6, the market has completely flipped the script. Coming into today’s session:
And the biggest winners since the March 23 bottom to August 6 have underperformed the biggest laggards.
|
Role Reversal |
Top 10% |
Bottom 10% |
|
Share Price |
-2.09% |
+6.04% |
|
Market Cap |
-0.55% |
+6.73% |
|
Dividend Yield |
+5.37% |
+1.24% |
|
Movers Since March 23 |
+1.23% |
+3.64% |
Today, all sectors save Financials are looking better, as money is coming out of bonds into stocks, especially blue-chip names. Technology is the best performing sector.
|
S&P 500 Index |
+1.29% |
|
|
Communication Services (XLC) |
+1.32% |
|
|
Consumer Discretionary (XLY) |
+0.94% |
|
|
Consumer Staples (XLP) |
+1.48% |
|
|
Energy (XLE) |
+0.03% |
|
|
Financials (XLF) |
-0.83% |
|
|
Health Care (XLV) |
+1.72% |
|
|
Industrials (XLI) |
+0.00% |
|
|
Materials (XLB) |
+0.39% |
|
|
Real Estate (XLRE) |
+0.95% |
|
|
Technology (XLK) |
+2.07% |
|
|
Utilities (XLU) |
+1.68% |
| Comments |
| The market sure likes Congress being on vacation!! Jeannette Harmon on 8/12/2020 3:23:44 PM |
| I was not able to vote yesterday regarding Kamala Harris - she is part of the Silicone Valley crowd. God help us if she is elected - Patricia Heng on 8/13/2020 3:40:31 PM |
| Tweet |
| 9/29/2026 1:38 PM | Weak Tone |
| 9/29/2026 9:35 AM | STRANGE DAYS INDEED |
| 9/28/2026 1:15 PM | A Soft Start to the Week |
| 9/28/2026 9:35 AM | BOND MARKET HISTORY LESSON HELPS |
| 9/25/2026 1:21 PM | Diplomatic Hopes Set the Mood |
| 9/25/2026 9:38 AM | THE LEAD HORSES ARE BACK |
| 9/24/2026 1:20 PM | Yields Set the Tone |
| 9/24/2026 9:35 AM | TOO HOT? |
| 9/23/2026 1:09 PM | Rate Hike Fears |
| 9/23/2026 9:29 AM | RECORDS, RIVALS, AND THE RACE FOR AI |
| 9/22/2026 1:17 PM | Digesting Monday’s Rally |
| 9/22/2026 9:36 AM | A Strong Start to the Week |
| 9/21/2026 1:14 PM | Monday Momentum |
| 9/21/2026 9:33 AM | Tech Poised to Surge |
| 9/18/2026 1:32 PM | Yields Overshadowing Chip Strength |
| 9/18/2026 10:09 AM | REMEMBER 3D PRINTING? |
| 9/17/2026 1:29 PM | Bounce Back Thursday |
| 9/17/2026 9:45 AM | TIME FOR WARSH TO LEARN BLACKJACK AND BOXING |
| 9/16/2026 1:19 PM | Setting the Stage |
| 9/16/2026 9:37 AM | WILL WARSH BLINK? |
| 9/15/2026 1:39 PM | Tough Tuesday |
| 9/15/2026 9:39 AM | DOOMSDAY POSTPONED |
| 9/14/2026 1:23 PM | AI Slowdown, Yields Surge |
| 9/14/2026 9:56 AM | AI DOOM DOMINATED THE WEEKEND |
| 9/11/2026 1:23 PM | Staging a Rebound |
| More commentary archives | |
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