Afternoon Note
It has been a down day for the markets led by Amazon (AMZN), down $247 or 6.8%, after its disappointing earnings. It is dragging down Consumer Discretionary, which is down 1.53%. The Nasdaq is performing the worst, down 0.6%, followed by the S&500 -0.4% and the Dow -0.3%.
Four of the eleven S&P 500 sectors are in the green. Safe havens are leading the way, as are Materials after the Senate voted 66 in favor versus 28 against on a procedural vote to move forward the bipartisan infrastructure bill.
Energy is the worst performing sector, despite oil being up on the day and the week. WTI is currently trading at $73.95, up .45%.
S&P 500 Index |
-0.40% |
|
Communication Services XLC |
-0.06% |
|
Consumer Discretionary XLY |
-1.53% |
|
Consumer Staples XLP |
+0.31% |
|
Energy XLE |
-1.88% |
|
Financials XLF |
-0.67% |
|
Health Care XLV |
+0.34% |
|
Industrials XLI |
-0.29% |
|
Materials XLB |
+0.30% |
|
Real Estate XLRE |
+0.71% |
|
Technology XLK |
-0.19% |
|
Utilities XLU |
-0.09% |
Breadth is decidedly negative today, with down volume outpacing the up. The silver lining is that there are significantly more new 52-week highs.
Market Breadth |
NYSE |
NASDAQ |
Advancing |
1,318 |
1,691 |
Declining |
1,883 |
2,464 |
52 Week High |
154 |
110 |
52 Week Low |
23 |
65 |
Up Volume |
607.22M |
985.41M |
Down Volume |
1.34B |
1.04B |
Have a great weekend.
Comments |
Steady...... we must be steady! Lorin K on 7/30/2021 7:57:07 PM |
Tweet |
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 |
9/2/2025 9:44 AM | REMEMBER SEPTEMBER? |
8/29/2025 1:33 PM | Fed Governor Cook(ed)? |
8/29/2025 9:49 AM | THE OTHER TECH NAMES AWAKEN |
8/28/2025 1:37 PM | Rallying Resolve |
More commentary archives |
Home |
Products & Services |
Education |
In The Media |
Help |
About Us |
Disclaimer | Privacy Policy | Terms of Use | All Rights Reserved.
|