Afternoon Note
By Charles Payne, CEO & Principal Analyst
7/13/2021 1:30 PM
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 |
Log In To Add Your Comment
| 9/18/2025 1:23 PM | Rate Cut Rally |
| 9/18/2025 9:48 AM | Risk Management Cut |
| 9/17/2025 1:33 PM | Fed on Deck |
| 9/17/2025 9:43 AM | Champing at the Bit |
| 9/16/2025 1:33 PM | All Eyes on the FOMC Meeting |
| 9/16/2025 10:05 AM | Growth Leads the Way |
| 9/15/2025 1:36 PM | Solid Rally |
| 9/15/2025 9:50 AM | It's Still Tech As We Await the Fed |
| 9/12/2025 1:28 PM | Mega-Caps Move Higher |
| 9/12/2025 9:32 AM | JAILBREAK |
| 9/11/2025 1:39 PM | Rally Continues |
| 9/11/2025 10:08 AM | All AI All the Time |
| 9/10/2025 1:55 PM | The Oracle Effect |
| 9/10/2025 9:50 AM | PARTY IN WHOVILLE |
| 9/9/2025 1:50 PM | Sharp BLS Revision |
| 9/9/2025 9:48 AM | Tech & Large Cap Safety |
| 9/8/2025 1:29 PM | Technology Leads Again |
| 9/8/2025 9:34 AM | FOREBODING |
| 9/5/2025 1:29 PM | Jobs Data Digest |
| 9/5/2025 9:55 AM | JOBS DAY (BUCKLE UP) |
| 9/4/2025 1:07 PM | Stocks Rise and Yields Sink |
| 9/4/2025 9:45 AM | MOSTLY BLAND |
| 9/3/2025 1:48 PM | Big Tech Rebounds |
| 9/3/2025 9:41 AM | NOT AN EMOTIONAL RELEASE (YET) |
| 9/2/2025 1:37 PM | Gloomy Start |
| More commentary archives | |
|
Home |
Products & Services |
Education |
In The Media |
Help |
About Us |
Disclaimer | Privacy Policy | Terms of Use | All Rights Reserved.
|