Afternoon Note
Major indices, except the Dow Jones, are moving higher and mostly unbothered by the 6th date of the government shutdown.

According to the Fear & Greed index, the market has entered the greed territory.

The announcement of a partnership between Advanced Micro Devices (AMD) and OpenAI sent semiconductor stocks rallying. As a result, Technology (XLK) holds the widest gains of the seven advancing sectors. Safe-haven sectors are underperforming today, with Real Estate (XLRE) as the worst performer.

In conjunction with the Technology (XLK) sector gains, the iShares Semiconductor ETF (SOXX) has taken off to new highs.

There is a big parade of Fed speakers this week.

| Tweet |
| 5/13/2026 1:33 PM | Back to Record Levels |
| 5/13/2026 9:25 AM | THAT'S NOT A MUSHROOM CLOUD |
| 5/12/2026 1:20 PM | Market Takes A Break |
| 5/12/2026 9:39 AM | “HAVE-NOTS” SLUMP WHILE Al PARTY GOES FULL TILT |
| 5/11/2026 1:19 PM | Semiconductor Strength Continues |
| 5/11/2026 9:34 AM | SUMMER OF (IPOs) COMING EARLY |
| 5/8/2026 1:28 PM | Finishing The Week Strong |
| 5/8/2026 9:39 AM | Hot Money Moves to Cold Stocks |
| 5/7/2026 1:14 PM | Taking a Breather |
| 5/7/2026 9:44 AM | Firing on All Cylinders |
| 5/6/2026 1:17 PM | Wednesday Momentum |
| 5/6/2026 9:44 AM | NEW HIGHS BEGET NEW HIGHS (WAIT UNTIL THE CONFLICT IS OVER) |
| 5/5/2026 1:43 PM | Market's Continued Momentum |
| 5/5/2026 9:45 AM | DRUMBEATS GETTING LOUDER |
| 5/4/2026 12:44 PM | Choppy Morning |
| 5/4/2026 9:49 AM | FOCUS ON FUTURE BEYOND SPEED BUMPS |
| 5/1/2026 1:24 PM | Mega-Cap Strength Sets The Tone |
| 5/1/2026 9:24 AM | Closing Out April |
| 4/30/2026 1:26 PM | Earnings Season Heats Up |
| 4/30/2026 9:35 AM | Focus on Future Beyond Speedbumps |
| 4/29/2026 1:22 PM | Fednesday & MegaCap Earnings Bonanza |
| 4/29/2026 9:38 AM | POWELL'S LAST HURRAH |
| 4/28/2026 12:54 PM | Market Takes a Breather |
| 4/28/2026 9:35 AM | SMALL-CAP THE “BETTER” RALLY? |
| 4/27/2026 1:27 PM | Busy Week is Getting Started |
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