Market Commentary

Major indices are heading higher following this morning’s better-than-expected CPI data.
Six sectors are moving higher with Technology (XLK) out in the front as semiconductors rebound, albeit software names are moving lower. Communication Services (XLC) is the runner-up and getting a boost from its mega-cap components. Meanwhile, the more defensive sectors of Health Care (XLV) and Consumer Staples (XLP) are at the bottom of the list.

Big banks’ reactions are mixed after reporting this morning results that beat across the board on revenue and EPS.

Oil has given back most of its earlier gains despite further skirmishes in the Middle East, and a brief spike above $80 this morning,

Trump declared the Strait open to all except Iran, with the US military as its guardians. Additionally, Trump decided to replace the 20% fee with trade and investment deals that the Gulf States will make with the USA.

The Ten-Year Treasury Yield (TNX) also made a higher move earlier but has moved to red territory following this morning’s inflation data.

Rate hike odds for 2026 also fell off the cliff following this morning’s CPI data.

During his congressional testimony Fed Reserve Chairman Kevin Warsh vowed to tackle inflation emphasizing rising prices have placed an “undue burden on American households and businesses.”

| Tweet |
| 10/14/2026 9:32 AM | Hot Trades Melt Down |
| 10/13/2026 1:10 PM | Slow Going |
| 10/13/2026 10:11 AM | Zuck Breaks Out the Watermelon |
| 10/12/2026 12:29 PM | A Sluggish Start |
| 10/12/2026 9:33 AM | Macro Safety Micro Opportunistic Market |
| 10/9/2026 1:17 PM | AI Trade is Back |
| 10/9/2026 9:51 AM | FAKE NEWS STRIKES |
| 10/8/2026 1:16 PM | A Thursday Dip |
| 10/8/2026 9:51 AM | INTERNAL INFERNO |
| 10/7/2026 1:17 PM | High Yield Fears Return |
| 10/7/2026 9:35 AM | NEW HIGHS BEGET NEW HIGHS |
| 10/6/2026 1:24 PM | Reaching New Highs |
| 10/6/2026 9:33 AM | AIN’T AFRAID OF SKYROCKETING YIELDS |
| 10/5/2026 1:29 PM | Broad Participation |
| 10/5/2026 9:35 AM | LOOKING FOR BREAKOUTS |
| 10/2/2026 1:08 PM | A Friday Lift |
| 10/2/2026 9:41 AM | A GENTLE WAVE |
| 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 |
| More commentary archives | |
|
Home |
Products & Services |
Education |
In The Media |
Help |
About Us |
Disclaimer | Privacy Policy | Terms of Use | All Rights Reserved.
|