Market Commentary
The market taking a breather after a couple of strong sessions and a shift in bias back to the upside. Consolidation is fine, although, the one area of worry I’ve had since the Covid19 bottom is the ability for the board market to rally when Tech and Communication Services sectors are lower. The composition of most equity indices makes this almost an impossibility.
Meanwhile, we continue to see what happens in Congress and brace for earning season next week.
The election has more investors becoming jittery, although, there is less blind faith in polls these days. Rightfully so.
S&P 500 Index |
-0.16% |
|
Communication Services XLC |
-0.98% |
|
Consumer Discretionary XLY |
-0.18% |
|
Consumer Staples XLP |
+0.14% |
|
Energy XLE |
+1.39% |
|
Financials XLF |
+0.77% |
|
Health Care XLV |
-0.30% |
|
Industrials XLI |
+0.36% |
|
Materials XLB |
+0.76% |
|
Real Estate XLRE |
+0.16% |
|
Technology XLK |
-0.44% |
|
Utilities XLU |
+0.73% |
It’s such a beautiful day, I won’t be upset if you took the rest of the day off…don’t worry, we’ll email you if something comes up.
Comments |
Really enjoy reading your wisdom! Plus saying go out and enjoy the day. Michael Hilburn on 10/6/2020 3:26:29 PM |
"Training is mandatory for all teachers within San Diego Unified School District The teachers are reportedly asked to discuss how they would feel if they are called racist and asked to acknowledge that they meet on land stolen.....Teachers are also reportedly asked to commit to becoming 'anti racist' activists" ....ILLEGAL? ( yes )..... to force teachers ( anyone ) to submit themselves to brainwshing tactics in order to keep their job.....the same tactics they use on the children to influence their thoughts on any topic they wish ....hey san diego genius's......everywhere in the world at one time or another... has been subject to land that was stolen...yet all you liberals welcome open borders which is a recipe to steal land once again....chinese - terroists - el salvdore - etc who cross the border illegally........did we steal THIS land from them also? ....also.... the virus affects minorites more than whites..... would be because for a 100yrs -longer- liberals forced minorities into urban areas with no economic hope or hope of anything ?....... thereby creating a dense population of minorites ........dense = a more dense infection rate prettydirect on 12/7/2020 9:56:18 AM |
Tweet |
3/28/2024 9:50 AM | LISTEN TO THE MARKET |
3/27/2024 1:40 PM | Mostly Higher |
3/27/2024 9:32 AM | U-TURN? |
3/26/2024 1:08 PM | Everything Is Up |
3/26/2024 9:42 AM | TAPPED OUT (I HOPE YOU AT LEAST GOT A T-SHIRT) |
3/25/2024 1:33 PM | Not A Mutiny |
3/25/2024 9:35 AM | STAYING THE COURSE…BEYOND TECH |
3/22/2024 12:56 PM | Toll on Americans |
3/22/2024 9:38 AM | A TAD TIRED |
3/21/2024 1:55 PM | Building on Gains |
3/21/2024 9:30 AM | A COMFORTING FED |
3/20/2024 1:33 PM | Pivotal Moment |
3/20/2024 10:00 AM | HERE COMES THE FED |
3/19/2024 1:33 PM | Picking Up Steam |
3/19/2024 9:35 AM | RUMBLINGS IN THE BOND MARKET |
3/18/2024 1:48 PM | Mag 7 is Back |
3/18/2024 9:39 AM | THE PARTY IN SAN JOSE WILL BE LIT |
3/15/2024 1:38 PM | Realtors Settle |
3/15/2024 9:33 AM | AN UNEASY PAUSE |
3/14/2024 1:43 PM | Sticky Inflation |
3/14/2024 9:48 AM | GOING TO A GO-GO |
3/13/2024 2:16 PM | Taking a Breather |
3/13/2024 9:51 AM | ALL SO EPIC |
3/12/2024 1:42 PM | Marching Higher |
3/12/2024 9:25 AM | ROTATION IN FULL SWING |
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