Afternoon Note
The market is bouncing around wildly but in a narrow range. This is actually good stuff- it’s price discovery and a chance to test the will of investors. Ten of eleven sectors are higher, with all attempting to rally, led by Energy, as crude is making a strong move on a report of a major inventory drawdown.
Consumer Discretionary is slightly lower the day before retail sales.
|
S&P 500 Index |
+0.61% |
|
|
Communication Services XLC |
-0.01% |
|
|
Consumer Discretionary XLY |
+0.00% |
|
|
Consumer Staples XLP |
+0.33% |
|
|
Energy XLE |
+2.99% |
|
|
Financials XLF |
+0.95% |
|
|
Health Care XLV |
+0.80% |
|
|
Industrials XLI |
+0.94% |
|
|
Materials XLB |
+0.79% |
|
|
Real Estate XLRE |
+0.68% |
|
|
Technology XLK |
+0.44% |
|
|
Utilities XLU |
+0.36% |
That report (retail sales) has missed consensus in seven of ten months and really only rocked when the stimulus checks were making the rounds.
| Tweet |
| 4/2/2026 1:27 PM | Calming Tensions |
| 4/2/2026 9:35 AM | LIFTOFF |
| 4/1/2026 1:45 PM | April Fools: Jokes on the Bears |
| 4/1/2026 9:33 AM | OILING THE SPRINGS |
| 3/31/2026 1:25 PM | Markets Rally on Easing Geopolitical Concerns |
| 3/31/2026 9:34 AM | SHOOTING GALLERY |
| 3/30/2026 1:36 PM | Mixed Monday |
| 3/30/2026 9:37 AM | THE NEXT PHASE |
| 3/27/2026 1:26 PM | Waiting for The Dust to Settle |
| 3/27/2026 9:59 AM | STRESSED & FATIGUED |
| 3/26/2026 1:54 PM | Thursday Dip |
| 3/26/2026 9:42 AM | LOOKING FOR LEADERSHIP |
| 3/25/2026 1:42 PM | Facing Resistance |
| 3/25/2026 9:28 AM | Good Retry |
| 3/24/2026 1:27 PM | Participation Broadens |
| 3/24/2026 9:38 AM | GOOD TRY |
| 3/23/2026 1:20 PM | Market Over Sold |
| 3/23/2026 9:53 AM | OVERSOLD SIGNALS ABOUND |
| 3/20/2026 1:20 PM | From the Strait to the Street |
| 3/20/2026 9:45 AM | SIGNS OF LIFE |
| 3/19/2026 1:25 PM | Continued Pressure |
| 3/19/2026 9:44 AM | MIC DROP |
| 3/18/2026 1:44 PM | Facing Pressure |
| 3/18/2026 9:43 AM | STILL TEPID |
| 3/17/2026 1:27 PM | Continued Resilience |
| More commentary archives | |
|
Home |
Products & Services |
Education |
In The Media |
Help |
About Us |
Disclaimer | Privacy Policy | Terms of Use | All Rights Reserved.
|