Afternoon Note
Major indices showed a bit of a resurgence intraday; but have been in seesaw so far. The market is a little anxious today with the Fed minutes at 2 pm, bond auction results and the highly anticipated Jobs report on Friday.

The Ten-Year Treasury Yield (TNX) briefly surpassed the 4.7% level this morning before falling just below it.

Bitcoin (BTC) is also seeing some continued weakness, currently down 3.72% at $93,596.95.

The only sector in the green is Health Care (XLV), up 0.11%. Meanwhile the two laggards are Utilities (XLU) and Communication Services (XLC).

The 30-year bond auction saw better demand than last time and high yield below when issue. Overall, it was a good auction, investors are still willing to buy bonds.
Market breadth is decidedly negative, but volume is a bit light.
|
Market Breadth |
NYSE |
NASDAQ |
|
Advancers |
760 |
934 |
|
Decliners |
2,004 |
3,328 |
|
New Highs |
16 |
42 |
|
New Lows |
115 |
135 |
|
Up Volume |
502.67 million |
1.64 billion |
|
Down Volume |
1.51 billion |
4.03 billion |
NYSE and Nasdaq will close their equity and options markets tomorrow, observing a National Day of Mourning.
| Tweet |
| 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 |
| 9/16/2026 9:37 AM | WILL WARSH BLINK? |
| 9/15/2026 1:39 PM | Tough Tuesday |
| More commentary archives | |
|
Home |
Products & Services |
Education |
In The Media |
Help |
About Us |
Disclaimer | Privacy Policy | Terms of Use | All Rights Reserved.
|