Afternoon Note
By Charles Payne, CEO & Principal Analyst
11/1/2023 1:02 PM
The market got a little bounce and bond yields eased a bit when Treasury announced its refunding auctions.
|
November Refunding |
Three Year |
10 Year |
30 Year |
|
Estimate |
$48 billion |
$41 billion |
$25 billion |
|
Actual |
$48 billion |
$40 billion |
$24 billion |
ISM Manufacturing 46.7; consensus 49.0
- new orders 45.5; consensus 49.8
- employment 46.8; prior 51.2
The Jolts Report was out this morning as well, coming in a fraction higher than expected. The report is losing a lot of influence.
The breakdown is not that flattering.
JOLTS
|
Positives |
September |
August |
|
Construction |
431,000 |
375,000 |
|
Manufacturing |
627,000 |
604,000 |
|
Finance |
479,000 |
410,000 |
JOLTS
|
Negatives |
September |
August |
|
Information |
160,000 |
201,000 |
|
Healthcare |
1,758,000 |
1,808,000 |
|
Leisure |
1,414,000 |
1,233,000 |
Technology is the best performing sector powered by Advanced Micro Devices (AMD) - which reported last night - and gains from NVIDIA (NVDA) and Microsoft (MSFT).
| Tweet |
Log In To Add Your Comment
| 10/2/2026 1:08 PM | A Friday Lift |
| 10/2/2026 9:41 AM | A GENTLE WAVE |
| 10/1/2026 1:15 PM | Volatile Start |
| 10/1/2026 9:28 AM | THE SILENT BEAR & RAGING BULL |
| 9/30/2026 1:35 PM | Waiting on Micron |
| 9/30/2026 9:42 AM | SALAD DAYS FOR SUPER INTELLIGENCE |
| 9/29/2026 1:38 PM | Weak Tone |
| 9/29/2026 9:35 AM | STRANGE DAYS INDEED |
| 9/28/2026 1:15 PM | A Soft Start to the Week |
| 9/28/2026 9:35 AM | BOND MARKET HISTORY LESSON HELPS |
| 9/25/2026 1:21 PM | Diplomatic Hopes Set the Mood |
| 9/25/2026 9:38 AM | THE LEAD HORSES ARE BACK |
| 9/24/2026 1:20 PM | Yields Set the Tone |
| 9/24/2026 9:35 AM | TOO HOT? |
| 9/23/2026 1:09 PM | Rate Hike Fears |
| 9/23/2026 9:29 AM | RECORDS, RIVALS, AND THE RACE FOR AI |
| 9/22/2026 1:17 PM | Digesting Monday’s Rally |
| 9/22/2026 9:36 AM | A Strong Start to the Week |
| 9/21/2026 1:14 PM | Monday Momentum |
| 9/21/2026 9:33 AM | Tech Poised to Surge |
| 9/18/2026 1:32 PM | Yields Overshadowing Chip Strength |
| 9/18/2026 10:09 AM | REMEMBER 3D PRINTING? |
| 9/17/2026 1:29 PM | Bounce Back Thursday |
| 9/17/2026 9:45 AM | TIME FOR WARSH TO LEARN BLACKJACK AND BOXING |
| 9/16/2026 1:19 PM | Setting the Stage |
| More commentary archives | |
|
Home |
Products & Services |
Education |
In The Media |
Help |
About Us |
Disclaimer | Privacy Policy | Terms of Use | All Rights Reserved.
|