Afternoon Note
Mark you calendar so you do not miss my special on November 9th at 2pm.
The S&P 500 is trying to make it six days in a row with gains while the Nasdaq gains remain solid even as yields rise. The 10-year note was up 3.9 points to 1.675% and edging closer to that 1.74% that sent shivers through the investing world.
There is profit taking on energy today as oil tumbles 2%, its steepest decline in 11 weeks. Consumer Discretionary is the best performer with Crocs (CROX) taking flight after a great report.
|
S&P 500 Index |
|
-0.06% |
|
Communication Services XLC |
+0.06% |
|
|
Consumer Discretionary XLY |
+1.30% |
|
|
Consumer Staples XLP |
|
-0.16% |
|
Energy XLE |
|
-1.83% |
|
Financials XLF |
|
-0.70% |
|
Health Care XLV |
|
-0.07% |
|
Industrials XLI |
|
-0.27% |
|
Materials XLB |
|
-0.96% |
|
Real Estate XLRE |
|
-0.02% |
|
Technology XLK |
|
-0.14% |
|
Utilities XLU |
|
-0.04% |
We are in the thick of earnings’ season and firms that miss consensus are getting hammered. The Street has been monitoring this earnings’ season to assess profit growth, cost pressures and supply-chain disruptions for the rest of the year.
| Tweet |
| 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 |
| 9/9/2026 9:35 AM | Al KILLER TRADE IS BACK |
| 9/8/2026 1:09 PM | Mixed Start to the Week |
| 9/8/2026 9:21 AM | SHORT WEEK BUT LONG WAIT FOR CPI |
| 9/4/2026 1:28 PM | Taking Some Momentum Out |
| 9/4/2026 9:34 AM | THE STAGE IS SET |
| 9/3/2026 12:59 PM | Yields Inch Lower |
| 9/3/2026 9:29 AM | IS SMART MONEY BUYING? |
| 9/2/2026 1:37 PM | Wednesday Winds Back |
| 9/2/2026 9:15 AM | MARKET EDGING TOWARD PANIC |
| 9/1/2026 1:24 PM | Yields and Oil Weigh on Stocks |
| 9/1/2026 9:35 AM | STEALTH FISHING IN BIG NAMES |
| 8/31/2026 1:22 PM | Monday’s Market |
| 8/31/2026 9:33 AM | ASSESSING WARSH – DID SOMEONE SAY THE BAND IS GETTING BACK TOGETHER? |
| 8/28/2026 1:39 PM | Jackson Hole Day |
| 8/28/2026 9:45 AM | TRYING TO SHAME THE FED CHAIR (IT'S NOT GOING TO WORK) |
| 8/27/2026 1:49 PM | Technology Leads the Charge |
| 8/27/2026 9:41 AM | NVDA DELIVERS |
| 8/26/2026 1:12 PM | All Eyes on Nvidia |
| 8/26/2026 9:37 AM | CONSUMERS LOOKING FOR END TO CONFLICT |
| 8/25/2026 1:43 PM | Subdued Action |
| 8/25/2026 9:44 AM | USA BRINGING THE HAMMER (BUT STILL SHOWING RESTRAINT) |
| 8/24/2026 1:28 PM | Bessent on Deck |
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