Afternoon Note
It is another very cautious market, but tech is trying to pick up momentum. Lots of intrigue as the strength in utilities points to general anxiety. Weakness in financials point to less confidence that big banks will blow away Wall Street consensus as they kick off earning season tomorrow morning.
Reporting Before the Open:
|
S&P 500 Index |
+0.13% |
|
|
Communication Services XLC |
+0.14% |
|
|
Consumer Discretionary XLY |
+0.65% |
|
|
Consumer Staples XLP |
-0.48% |
|
|
Energy XLE |
+0.18% |
|
|
Financials XLF |
-0.68% |
|
|
Health Care XLV |
+0.11% |
|
|
Industrials XLI |
-0.85% |
|
|
Materials XLB |
-0.50% |
|
|
Real Estate XLRE |
+0.44% |
|
|
Technology XLK |
+0.58% |
|
|
Utilities XLU |
+1.09% |
Meanwhile the amount of buzz for the Coinbase offering is off the charts. It is going to be explosive. Some will use it as proof the end is near, while others will use it to point to a new revolutionary era in the financial world.
I am more in the latter camp.
| Tweet |
| 1/27/2026 1:28 PM | Split Session |
| 1/27/2026 9:39 AM | IT'S A CARTOON WORLD |
| 1/26/2026 12:47 PM | Money Stays in The Market |
| 1/26/2026 9:35 AM | BIG NAMES IN EARNINGS BATTER’S BOX |
| 1/23/2026 1:12 PM | Interesting Session |
| 1/23/2026 9:41 AM | MARKET EDGES HIGHER |
| 1/22/2026 1:54 PM | Small Caps Continue Leading The Charge |
| 1/22/2026 9:41 AM | MARKET TURNS GREEN ON GREENLAND |
| 1/21/2026 1:12 PM | Davos Digest |
| 1/21/2026 9:49 AM | TRUMP & THE NEW WORLD ORDER |
| 1/20/2026 1:53 PM | Risk-Off Slide |
| 1/20/2026 9:29 AM | D-DAY AT DAVOS |
| 1/16/2026 1:27 PM | Friday Flux |
| 1/16/2026 10:01 AM | RISING TIDE |
| 1/15/2026 1:38 PM | AI Hopes Boost The Market |
| 1/15/2026 9:37 AM | AN UGLY BUT STRONG SESSION |
| 1/14/2026 1:34 PM | Mixed Midweek Market Session |
| 1/14/2026 9:38 AM | A SO-SO START TO EARNINGS SEASON |
| 1/13/2026 1:47 PM | Mixed Afternoon |
| 1/13/2026 9:43 AM | THEY LIKE OUR BONDS, STILL |
| 1/12/2026 1:42 PM | Market Resolve |
| 1/12/2026 9:54 AM | STRONG FIRST WEEK BODES WELL FOR 2026 |
| 1/9/2026 1:30 PM | Broad Strength |
| 1/9/2026 9:42 AM | DC DRIVING NARRATIVES |
| 1/8/2026 1:42 PM | Cyclical Rally Resumes |
| More commentary archives | |
|
Home |
Products & Services |
Education |
In The Media |
Help |
About Us |
Disclaimer | Privacy Policy | Terms of Use | All Rights Reserved.
|