Afternoon Note
And just like that, it’s back to ‘fear’ from ‘greed’ on Wednesday, the gravitational pull of fear dominates.
All major indices are in the red, as the “fear gauge” (Volatility Index (VIX)) surges abruptly.
Almost all sectors are down for the count.
New orders for U.S manufactured goods in June fell -3.3% m/m to $564.2B, missing estimates of -2.9%. The surprise was largely due to transportation equipment, which fell -20.6% m/m to $75.79B. The disappointing number is adding more fear to the already frightened market.
Other notable changes:
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thank you for telling truth. Joe Szostak on 8/2/2024 4:07:12 PM |
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10/17/2025 1:43 PM | Friday Zig Zag |
10/17/2025 9:51 AM | They Warned Us About Everything Else |
10/16/2025 1:33 PM | Another Intraday Reversal |
10/16/2025 9:30 AM | ENCOURAGING BUT NEED MORE |
10/15/2025 1:23 PM | Intraday Weakness |
10/15/2025 9:53 AM | STRONG “DOWN” DAY |
10/14/2025 1:27 PM | Intraday Recovery |
10/14/2025 9:45 AM | HO, HO, HO |
10/13/2025 1:42 PM | Fears Eased |
10/13/2025 9:49 AM | ROUGH BUT NOT HELLISH |
10/10/2025 1:48 PM | Chinese Trade Negotiations Reignite |
10/10/2025 10:05 AM | BIRTHDAY BREAK |
10/9/2025 1:25 PM | Shutdown Continues |
10/9/2025 9:53 AM | DOOM PORN DOESN’T DISTRACT INVESTORS |
10/8/2025 1:14 PM | FOMC Minutes in Focus |
10/8/2025 9:45 AM | DIFFERENT TYPES OF BOTTOM FISHING |
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10/7/2025 9:55 AM | LOTS OF CHASING BUT SOME BOTTOM FISHING TOO |
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10/2/2025 9:47 AM | A HEALTHY ROTATION |
10/1/2025 1:29 PM | Shutdown Resolve |
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