Afternoon Note
The market is exhibiting some mixed action as investors await major events this week. Mega caps are seeing relative strength, along with semiconductors, which are recovering from early weakness. The S&P 500 continues to hover around the key resistance level of 4,900.
Consumer Discretionary is the top performer thanks to the gain in Tesla (TSLA). WTI futures are down 1.5% and is weighing on Energy.
On the economic front, the Dallas Fed Manufacturing saw a big decline in December, plunging to an eight-month low. New orders, production, and shipments all are in contraction.
There hasn’t been a lot of conviction today.
Comments |
Charles, Love the dailys, love your show, love the fact that you are a champion for the private investor. My question is: In addition to doing the fundamental research, you often talk about researching the management and their guidance. Despite reading both your books and watching your show on Wednesday's and Thursdays, I'm still not clear on how to go about doing this. I'm sure there are others that could use your input. Can you explain in a future daily? Thomas on 1/29/2024 8:15:59 PM |
Tweet |
7/26/2024 1:36 PM | Friday Recovery |
7/26/2024 9:29 AM | WRAPPED AROUND YOUR FINGER |
7/25/2024 12:58 PM | A Look at GDP |
7/25/2024 9:57 AM | TURNING THE PAGE ON RESOLVE |
7/24/2024 1:49 PM | Vulnerable Market |
7/24/2024 9:47 AM | Mega Misses |
7/23/2024 1:04 PM | Lay Summer Session |
7/23/2024 9:25 AM | MOST EXPANSIVE BREADTH = GREATER OPTIMISM |
7/22/2024 1:23 PM | Rebounding |
7/22/2024 9:47 AM | WILL THE HUNT FOR VALUE CONTINUE? |
7/19/2024 1:32 PM | Under Pressure |
7/19/2024 9:56 AM | STAR FOR ONLY A WEEK? |
7/18/2024 1:30 PM | All Eyes on Netflix |
7/18/2024 10:18 AM | BIG BETS ON TRUMP TRADE |
7/17/2024 1:37 PM | Technology Troubles |
7/17/2024 9:59 AM | EMPHATIC! |
7/16/2024 12:44 PM | AI Drifting Lower |
7/16/2024 9:52 AM | NEW KIND OF WINNING |
7/15/2024 1:32 PM | Small Caps On The Move |
7/15/2024 9:50 AM | FULL SPEED AHEAD |
7/12/2024 12:56 PM | Intriguing Small Caps |
7/12/2024 9:48 AM | IT’S GOOD TO BE THE KING |
7/11/2024 1:25 PM | Equal Weight Comeback? |
7/11/2024 9:42 AM | CALLING ALL STOCKS |
7/10/2024 1:15 PM | Rally Broadens |
More commentary archives |
Home |
Products & Services |
Education |
In The Media |
Help |
About Us |
Disclaimer | Privacy Policy | Terms of Use | All Rights Reserved.
|