Afternoon Note
By Karina Hernandez, Senior Research Analyst
12/9/2022 1:43 PM
The market is catching a slight bid, as all economic data released this morning beat consensus except for the Consumer Sentiment one-year inflation expectations, which came in at 4.6% vs. 4.9% consensus.
Communication Services is the best performing this afternoon with Netflix (NFLX) the leader in the sector on the heels of this morning’s upgrade at Wells Fargo.
Market breadth is light with advancer on the NASDAQ outpacing decliners.
|
Market Breadth |
NYSE |
NASDAQ |
|
Advancers |
1,497 |
2,134 |
|
Decliners |
1,540 |
2,084 |
|
New Highs |
37 |
46 |
|
New Lows |
50 |
164 |
|
Up Volume |
1.06 billion |
1.41 billion |
|
Down Volume |
702.8 million |
915.6 million |
With three weeks left, the Santa Claus rally remains on thin ice. Next week brings a lot of data for the Street to chew on and opportunities for upside.
| Tweet |
Log In To Add Your Comment
| 12/26/2025 12:47 PM | Slow Session |
| 12/26/2025 9:30 AM | The Market’s Gift: New Heights |
| 12/24/2025 9:10 AM | HO HO HO, MERRY CHRISTMAS |
| 12/23/2025 1:35 PM | Just In Time For Santa |
| 12/23/2025 9:26 AM | STRONG START TO A SHORTENED TRADING WEEK |
| 12/22/2025 1:37 PM | Broad Strength |
| 12/22/2025 9:26 AM | GETTING READY FOR THE YEAR-END |
| 12/19/2025 1:40 PM | Is Santa Coming? |
| 12/19/2025 9:38 AM | DEAR SANTA |
| 12/18/2025 1:44 PM | Markets Enthusiastic |
| 12/18/2025 9:28 AM | ORACLE CONTINUES TO HAUNT THE AI TRADE |
| 12/17/2025 1:23 PM | Technology Slides |
| 12/17/2025 9:40 AM | SPRING LOADED |
| 12/16/2025 1:44 PM | Drifting Lower |
| 12/16/2025 9:41 AM | JOBS DATA ARRIVES (FINALLY!) |
| 12/15/2025 1:27 PM | Choppy Action |
| 12/15/2025 9:38 AM | LOOKING FOR A NUDGE |
| 12/12/2025 1:29 PM | Friday Fury |
| 12/12/2025 9:45 AM | DO YOU HEAR WHAT I HEAR? |
| 12/11/2025 1:41 PM | Buyers Emerged |
| 12/11/2025 9:34 AM | THE GRINCH WHO SAVED CHRISTMAS |
| 12/10/2025 1:30 PM | The Street Awaits Fed’s Decision |
| 12/10/2025 9:41 AM | POWELL TAKES CENTER STAGE |
| 12/9/2025 1:27 PM | Fed on Deck |
| 12/9/2025 9:31 AM | NVDA GETS THE GREEN LIGHT |
| More commentary archives | |
|
Home |
Products & Services |
Education |
In The Media |
Help |
About Us |
Disclaimer | Privacy Policy | Terms of Use | All Rights Reserved.
|