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 |
9/18/2025 7:13 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 |
9/2/2025 9:44 AM | REMEMBER SEPTEMBER? |
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