Afternoon Note
The market continues hovering near its unchanged level and is currently slightly in the red.
Meanwhile, commodity prices are rising, notably with natural gas leading and currently up 5.4%.
The Ten-Year Treasury Yield (TNX) fell 1.2 basis points to 4.361%. Over the week, it held above its 50 MA at 4.278% and 200 MA at 4.224%.
Many stocks are only marginally moving today; however, Tesla (TSLA) is a notable exception. Most auto makers are getting a boost from the UK trade deal.
Five sectors are moving higher this afternoon. Energy (XLE) once again is leading the way, benefiting from rising oil prices. Technology (XLK) is the laggard, driven by a poor earnings reaction from Akamai Technologies (AKAM).
Have a great weekend and happy Mother's Day to all the moms!
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10/21/2025 9:41 AM | STEALTH PROFIT-TAKING & ROTATION |
10/20/2025 1:28 PM | Monday Strength |
10/20/2025 9:40 AM | CONSOLIDATING GAINS & ANXIETY |
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 |
10/7/2025 1:34 PM | Taking a Breather |
10/7/2025 9:55 AM | LOTS OF CHASING BUT SOME BOTTOM FISHING TOO |
10/6/2025 1:36 PM | AMD deal powers Semiconductors |
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10/3/2025 1:30 PM | Midday Air Pocket |
10/3/2025 9:33 AM | MUSCLE MEMORY & AI FRENZY |
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