Afternoon Note
By now, you know the script.
The NASDAQ is now on the wrong side of the trendline, and it has to find a way to stay above the recent low or it would be vulnerable to its 200-day moving average.
NASDAQ
Financials are soaring and Material and Industrials continue to be tortoises in a market filled with hares.
Winning Sectors |
Gains |
Financials XLF |
+2.18% |
Health Care XLV |
+0.32% |
Industrials XLI |
+1.04% |
Materials XLB |
+0 .63% |
Comments |
Love your commentary on the daily efforts and find them to the point! Keep it up! FRANKLN ALLGAUER II on 3/18/2021 3:25:39 PM |
I heard that consumer spending represents 70% of the Market. Is that correct? Dwayne McDorman on 3/18/2021 3:48:42 PM |
Consumer spending makes up 70% of GD P (gross domestic product). Here is a link if you are interested in learning more about GDP.
https://www.thebalance.com/components-of-gdp-explanation-formula-and-chart-3306015#:~:text=Consumer%20spending%20comprises%2070%25%20of,components%20of%20the%20U.S.%20economy. Daliah Amar on 3/18/2021 4:48:01 PM |
Tweet |
4/24/2024 1:30 PM | Earnings Flood In |
4/24/2024 9:26 AM | BUYING THE DIP |
4/23/2024 1:25 PM | Bloom Off Rose |
4/23/2024 9:32 AM | WHAT HAPPENED TO THE BRAVADO? |
4/22/2024 1:22 PM | Pins and Needles |
4/22/2024 9:30 AM | LIVE BY THE SWORD … |
4/19/2024 1:20 PM | Fair Chunk of Rotation |
4/19/2024 9:35 AM | DON’T OVERREACT |
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 |
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