Afternoon Note
The market remains under pressure, but there is a lot of movement beneath the surface resulting in the NASDAQ now being the best performer after opening under the most pressure. Several niches in the sector act great.
Meanwhile, names associated with the work from home (WFH) trade are also higher, with the increased chatter of a second wave in the United States.
Overall, the pause in selling is not triggering the kind of buying it might have last week before the FOMC gathering. There must be answers from the Federal Reserve and federal government.
S&P 500 Index |
-2.02% |
Communication Services XLC |
-1.71% |
Consumer Discretionary XLY |
-2.41% |
Consumer Staples XLP |
-1.47% |
Energy XLE |
-3.88% |
Financials XLF |
-3.58% |
Health Care XLV |
-2.80% |
Industrials XLI |
-3.64% |
Materials XLB |
-3.64% |
Real Estate XLRE |
-1.89% |
Technology XLK |
-0.34% |
Utilities XLU |
-1.00% |
Tweet |
4/18/2024 1:37 PM | Didn’t Break Down |
4/18/2024 9:40 AM | MARKET OFF SCRIPT |
4/17/2024 1:59 PM | Facing Pressure |
4/17/2024 9:37 AM | POWELL STILL WANTS TO HELP |
4/16/2024 1:35 PM | Muted |
4/16/2024 9:42 AM | FEAR ARRIVES |
4/15/2024 1:17 PM | Making a Statement |
4/15/2024 9:45 AM | Equal Opportunity Drubbing |
4/12/2024 1:37 PM | Pressure Overall |
4/12/2024 9:42 AM | WHO YA GONNA CALL? |
4/11/2024 1:38 PM | No Urgency |
4/11/2024 9:27 AM | Tough Sledding |
4/10/2024 1:22 PM | Hang In There |
4/10/2024 9:51 AM | HERE COMES THE LATEST RATIONALE FOR PERSISTENT INFLATION |
4/9/2024 1:56 PM | Fighting the Trend |
4/9/2024 9:46 AM | NEXT TIME, MAKE IT A HOLIDAY |
4/8/2024 9:45 PM | Cautious Feel |
4/8/2024 7:19 AM | IT’S ECLIPSE DAY |
4/5/2024 1:51 PM | Higher and Cheaper |
4/5/2024 9:23 AM | MARKETS REEL ON BIDEN’S ISRAEL ULTIMATUM |
4/4/2024 1:42 PM | Stocks Bounce |
4/4/2024 9:31 AM | ESCAPING GRAVITY = ESCAPING REALITY? |
4/3/2024 1:41 PM | Cuts Not Soon |
4/3/2024 9:33 AM | A LITTLE LESS SWAGGER |
4/2/2024 1:16 PM | Under Pressure |
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