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 |
| 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 |
| 12/12/2025 9:45 AM | DO YOU HEAR WHAT I HEAR? |
| 12/11/2025 1:41 PM | Buyers Emerged |
| More commentary archives | |
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