Afternoon Note
Stocks were mixed today after the Consumer Price Index showed inflation remained hot. Now that earnings season has started, we will be listening to what companies are saying about their costs and price pass-throughs.
By noon, only the Dow Jones is in red. Nasdaq is leading, up 0.39%, and S&P is up 0.09%, both notched another intraday record.
Technology is the best performing sector as heavy hitters are trading at all-time highs. Apple (AAPL) and Microsoft (MSFT) each gained more than 1%.
|
S&P 500 Index |
+0.10% |
|
|
Communication Services XLC |
+0.41% |
|
|
Consumer Discretionary XLY |
-0.10% |
|
|
Consumer Staples XLP |
+0.44% |
|
|
Energy XLE |
-0.53% |
|
|
Financials XLF |
-1.19% |
|
|
Health Care XLV |
+0.01% |
|
|
Industrials XLI |
-0.59% |
|
|
Materials XLB |
-0.77% |
|
|
Real Estate XLRE |
-0.54% |
|
|
Technology XLK |
+1.06% |
|
|
Utilities XLU |
+0.75% |
Volume is weak this afternoon with advancers unable to outrun decliners.
|
Market Breadth |
NYSE |
NASDAQ |
|
Advancing |
1,043 |
1,330 |
|
Declining |
2,154 |
2,805 |
|
52 Week High |
111 |
115 |
|
52 Week Low |
12 |
46 |
|
Up Volume |
591.15M |
1.53B |
|
Down Volume |
1.29B |
1.03B |
We are watching for revenue guidance and CEO expectations on rates and inflation. Stay tuned.
| Comments |
| Charles: I am a big fan of yours and the way you analyze the Market on a daily basis. If you are ever in Denver, I would be happy to buy your lunch. Van Bullock on 7/13/2021 7:46:30 PM |
| Tweet |
| 7/1/2026 1:32 PM | Solid Footing |
| 7/1/2026 9:41 AM | WHAT A YEAR …AND IT’S ONLY HALFWAY OVER |
| 6/30/2026 1:30 PM | Broadening Move |
| 6/30/2026 9:23 AM | MORE TO SPACE THAN ELON |
| 6/29/2026 1:20 PM | Morning Recovery |
| 6/29/2026 9:34 AM | MARKET'S STRONGER THAN YOU THINK |
| 6/26/2026 1:33 PM | Grinding Off the Lows |
| 6/26/2026 9:23 AM | THE CARD CHANGES |
| 6/25/2026 1:14 PM | Mega-Cap Movement |
| 6/25/2026 9:40 AM | IRRATIONAL PESSIMISM HURTS INVESTORS |
| 6/24/2026 1:11 PM | Twin Tailwinds: Rates and Oil Slide |
| 6/24/2026 9:44 AM | MICRON STEPPING UP TO THE PLATE |
| 6/23/2026 1:06 PM | Tuesday Takes a Breather |
| 6/23/2026 10:00 AM | SLUGGISH |
| 6/22/2026 1:12 PM | Green Beneath the Red |
| 6/22/2026 9:45 AM | MICRON IN THE BATTER'S BOX |
| 6/18/2026 1:21 PM | Freedom Compounds |
| 6/18/2026 10:00 AM | WARSH'S WORLD |
| 6/17/2026 1:12 PM | Warsh at the Plate |
| 6/17/2026 9:41 AM | SEMIS SLIP AS WORLD WATCHES SPACEX |
| 6/16/2026 1:19 PM | Better Under the Hood |
| 6/16/2026 9:19 AM | WHOOP, THERE IT IS! |
| 6/15/2026 1:06 PM | More Than Just Iran |
| 6/15/2026 9:42 AM | CONGRATULATIONS TO EVERYONE |
| 6/12/2026 1:09 PM | SpaceX Takes Off |
| More commentary archives | |
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