Afternoon Note
The session began with some gusto, but that faded quickly and it's back to the see-saw moves between value and growth. Energy is the only sector making a meaningful move.
|
S&P 500 Index |
+0.14% |
|
|
Communication Services XLC |
+0.34% |
|
|
Consumer Discretionary XLY |
-0.02% |
|
|
Consumer Staples XLP |
+0.15% |
|
|
Energy XLE |
+2.85% |
|
|
Financials XLF |
+0.82% |
|
|
Health Care XLV |
-0.56% |
|
|
Industrials XLI |
-0.17% |
|
|
Materials XLB |
-0.39% |
|
|
Real Estate XLRE |
+0.51% |
|
|
Technology XLK |
-0.02% |
|
|
Utilities XLU |
-0.42% |
Reopening niches, airlines, hotels and casinos are acting pretty well, while the darlings of stay-at-home such as Zoom (ZM) and Docusign (DOCU) are under serious pressure.
Still, most of the stocks on the move today are below key technical resistance points, as you can see from the airline ETF JETS.
JETS
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| 9/22/2026 9:36 AM | A Strong Start to the Week |
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| 9/21/2026 9:33 AM | Tech Poised to Surge |
| 9/18/2026 1:32 PM | Yields Overshadowing Chip Strength |
| 9/18/2026 10:09 AM | REMEMBER 3D PRINTING? |
| 9/17/2026 1:29 PM | Bounce Back Thursday |
| 9/17/2026 9:45 AM | TIME FOR WARSH TO LEARN BLACKJACK AND BOXING |
| 9/16/2026 1:19 PM | Setting the Stage |
| 9/16/2026 9:37 AM | WILL WARSH BLINK? |
| 9/15/2026 1:39 PM | Tough Tuesday |
| 9/15/2026 9:39 AM | DOOMSDAY POSTPONED |
| 9/14/2026 1:23 PM | AI Slowdown, Yields Surge |
| 9/14/2026 9:56 AM | AI DOOM DOMINATED THE WEEKEND |
| 9/11/2026 1:23 PM | Staging a Rebound |
| 9/11/2026 9:41 AM | Monumental Tech Momentum Decline |
| 9/10/2026 1:20 PM | Choppy Action |
| 9/10/2026 9:32 AM | CALLING BESSENT'S BLUSTER |
| 9/9/2026 1:34 PM | Busy Wednesday |
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