Afternoon Note
The market is in wait and see mode, but it's not sure what it's waiting to see. There weren't any fireworks during Barr’s testimony in front of the Senate Finance Committee, but everyone seemed sufficiently angry (Senator Warren once again set the high mark).
Small caps are picking up steam from yesterday, as they try to steady a ship that was sinking fast.
Consumer confidence came in higher than expected, but it’s no great shakes.
I see drifting into the close, which will be a good test for those that bought the dips, as we are seeing some profit-taking in tech this week.
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6/6/2023 1:23 PM | Resolve and Opportunity |
6/6/2023 7:28 AM | RUNNING OUT OF STEAM |
6/5/2023 1:33 PM | So Far So Good |
6/5/2023 9:57 AM | WHAT A TRIP |
6/2/2023 1:37 PM | Jobs Rally |
6/2/2023 9:56 AM | JOBS REPORT ON DECK |
6/1/2023 1:48 PM | Fascinating Resolve |
6/1/2023 9:32 AM | A Punt Not a Pause? |
5/31/2023 1:31 PM | Rolling Over |
5/31/2023 9:44 AM | PAUSE TO ASSESS |
5/30/2023 1:50 PM | Nvidia Jumps |
5/30/2023 9:50 AM | FREE PASS FOR $5.0 TRILLION MORE IN DEFICIT SPENDING |
5/26/2023 1:23 PM | Happy 127th Birthday Dow Jones Industrial Average |
5/26/2023 9:48 AM | Generals Only |
5/25/2023 1:37 PM | Intel Sinks as Nvidia Pops |
5/25/2023 9:55 AM | SURPASSING THE HYPE |
5/24/2023 1:28 PM | A Little Cynical |
5/24/2023 9:38 AM | PRESSURE BUSTS PIPES |
5/23/2023 2:03 PM | Uncertainty Continues |
5/23/2023 9:33 AM | NEW HIGHS ON THE RISE |
5/22/2023 1:44 PM | Somewhat More Positive Day |
5/22/2023 9:48 AM | THE X FACTOR IS EVERYTHING |
5/19/2023 1:49 PM | Debt Ceiling Hiccup |
5/19/2023 9:47 AM | THIS IS IT? |
5/18/2023 1:54 PM | Market Mixed |
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