Afternoon Note
A nice session thus far with all sectors in the mix. Communication Services is leading the way, as Wall Street praises Netflix’s (NFLX) results that showed healthy gains in subscriber growth, led by a strong content slate.
Existing Home Sales
Down for the eleventh month in a row, existing home sales declined 1.5% month to month. This is the longest stretch since 1999, as buyers continue to face high mortgage rates and scarce inventory.
Market breadth is fairly positive with advancers leading decliners by a roughly 2-to-1 margin at both the NYSE and the Nasdaq.
Market Breadth |
NYSE |
NASDAQ |
Advancers |
2,128 |
2,980 |
Decliners |
902 |
1,413 |
New Highs |
31 |
67 |
New Lows |
15 |
26 |
Up Volume |
1.41 billion |
2.77 billion |
Down Volume |
422.53 million |
634.6 million |
A large batch of expiring options may add a bit of volatility into the close.
Tweet |
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? |
8/29/2025 1:33 PM | Fed Governor Cook(ed)? |
8/29/2025 9:49 AM | THE OTHER TECH NAMES AWAKEN |
8/28/2025 1:37 PM | Rallying Resolve |
8/28/2025 9:44 AM | NVDA TRIPPED UP |
8/27/2025 1:31 PM | All Eyes on Nvidia |
8/27/2025 9:45 AM | THE BEST BOUNCE EVER |
8/26/2025 1:16 PM | Bumpy Session |
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