Afternoon Note
This morning’s, somehow relatively pleasing economic data has been overshadowed by ongoing concerns about growth, debt ceiling uncertainty and angst about regional banks. About the latter, the regional bank index (KRE) has been exactly one day in the green so far, the pain is not over.
Strength in the mega cap stocks has boosted Nasdaq and Communication Services (XLC) into positive territory. Alphabet (GOOG/L) continues its strong momentum following yesterday’s Developers Conference. Amazon.com (AMZN) continues its run after clearing resistance.
Decliners leading advances, most notable at NYSE with an almost 3-to-1 margin.
Market Breadth |
NYSE |
NASDAQ |
Advancers |
819 |
1,529 |
Decliners |
2,073 |
2,667 |
New Highs |
26 |
62 |
New Lows |
73 |
182 |
Up Volume |
535.14 million |
1.30 billion |
Down Volume |
1.33 billion |
1.24 billion |
Tweet |
4/25/2024 1:16 PM | Don't' Bury me, Yet! |
4/25/2024 9:27 AM | THERE CAN ONLY BE ONE |
4/24/2024 1:30 PM | Earnings Flood In |
4/24/2024 9:26 AM | BUYING THE DIP |
4/23/2024 1:25 PM | Bloom Off Rose |
4/23/2024 9:32 AM | WHAT HAPPENED TO THE BRAVADO? |
4/22/2024 1:22 PM | Pins and Needles |
4/22/2024 9:30 AM | LIVE BY THE SWORD … |
4/19/2024 1:20 PM | Fair Chunk of Rotation |
4/19/2024 9:35 AM | DON’T OVERREACT |
4/18/2024 1:37 PM | Didn’t Break Down |
4/18/2024 9:40 AM | MARKET OFF SCRIPT |
4/17/2024 1:59 PM | Facing Pressure |
4/17/2024 9:37 AM | POWELL STILL WANTS TO HELP |
4/16/2024 1:35 PM | Muted |
4/16/2024 9:42 AM | FEAR ARRIVES |
4/15/2024 1:17 PM | Making a Statement |
4/15/2024 9:45 AM | Equal Opportunity Drubbing |
4/12/2024 1:37 PM | Pressure Overall |
4/12/2024 9:42 AM | WHO YA GONNA CALL? |
4/11/2024 1:38 PM | No Urgency |
4/11/2024 9:27 AM | Tough Sledding |
4/10/2024 1:22 PM | Hang In There |
4/10/2024 9:51 AM | HERE COMES THE LATEST RATIONALE FOR PERSISTENT INFLATION |
4/9/2024 1:56 PM | Fighting the Trend |
More commentary archives |
Home |
Products & Services |
Education |
In The Media |
Help |
About Us |
Disclaimer | Privacy Policy | Terms of Use | All Rights Reserved.
|