Afternoon Note
By Charles Payne, CEO & Principal Analyst
12/17/2020 2:27 PM
As the market waits on Congress, investors are looking to 2021 and beyond. The action continues to look like the future.
- Crypto currency
- Online shopping
- Digital payments
New leadership is emerging, while not part of the Dow or S&P 500, individuals are finding these names and interestingly fits the "experts" that are following them.
Materials leading this afternoon. Newmont Corporation (NEM) leads, as gold tops $1,900, its highest level since early November.
|
S&P 500 Index |
+0.47% |
|
|
Communication Services XLC |
-0.39% |
|
|
Consumer Discretionary XLY |
+0.48% |
|
|
Consumer Staples XLP |
+0.58% |
|
|
Energy XLE |
-0.42% |
|
|
Financials XLF |
+0.09% |
|
|
Health Care XLV |
+0.77% |
|
|
Industrials XLI |
+0.45% |
|
|
Materials XLB |
+1.11% |
|
|
Real Estate XLRE |
+1.06% |
- |
|
Technology XLK |
+0.67% |
|
|
Utilities XLU |
+1.01% |
Breadth is decidedly positive, especially on the Nasdaq were advancers and up volume are leading decliners and down volume. New 52-week highs are also blowing past new lows, with only 6 on the NYSE.
|
Market Breadth |
NYSE |
NASDAQ |
|
Advancing |
1,984 |
2,385 |
|
Declining |
1,145 |
1,279 |
|
52 Week High |
221 |
379 |
|
52 Week Low |
6 |
10 |
|
Up Volume |
1.45B |
1.95B |
|
Down Volume |
776.21M |
1.09B |
| Comments |
| We watch your show daily and love it, you are so positive, keep up the good work! Donna Roth on 12/17/2020 5:57:08 PM |
| Thank you so much Donna...life is too short to let them win. CP Charles Payne on 12/17/2020 8:17:34 PM |
| Hummmm! Lorin on 12/17/2020 7:47:12 PM |
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