Afternoon Note
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
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 |
11/13/2024 1:21 PM | Rate Cut Bets |
11/13/2024 10:01 AM | RENEWED HOPE FOR PEACE & STRENGTH |
11/12/2024 1:33 PM | Profit Taking Tuesday |
11/12/2024 9:47 AM | FLAME ON |
11/11/2024 1:07 PM | Tired Rally |
11/11/2024 9:49 AM | The Markets Are Pumped |
11/8/2024 1:04 PM | Stellar Week |
11/8/2024 9:47 AM | POWELL GETS TOUGH (WITH TRUMP, NOT INFLATION) |
11/7/2024 12:57 PM | Rate Decision |
11/7/2024 9:55 AM | THE SWAGGER IS BACK |
11/6/2024 1:25 PM | Trump Trade Bonanza |
11/6/2024 9:47 AM | Election Rally |
11/5/2024 12:54 PM | Holding the Script |
11/5/2024 9:50 AM | VOTE, AMERICA |
11/4/2024 1:32 PM | Election Fear |
11/4/2024 9:55 AM | THE CANARY SQUAWKS |
11/1/2024 1:10 PM | Lots of Excuses |
11/1/2024 9:33 AM | LEAD BALLOONS |
10/31/2024 1:52 PM | Difficult Sledding |
10/31/2024 10:01 AM | TOO COCKY? |
10/30/2024 1:45 PM | Check Time |
10/30/2024 9:44 AM | GENERALS LEAD…KEEP UP IF YOU CAN |
10/29/2024 1:47 PM | All Eyes on Google |
10/29/2024 9:09 AM | DJT SETS THE PACE |
10/28/2024 1:43 PM | Busy Week |
More commentary archives |
Home |
Products & Services |
Education |
In The Media |
Help |
About Us |
Disclaimer | Privacy Policy | Terms of Use | All Rights Reserved.
|