Afternoon Note
The market is exhibiting mixed action and is mostly marking time until the jobs report.
The semiconductor index is well off its lows helped by NVIDIA Corporation (NVDA), but other semiconductor stocks like ON Semiconductor Corporation (ON) are dropping sharply.
Ten sectors were in positive territory earlier, but now only five of them are up now. Financials is the best performing sector with Allstate Corp (ALL) being the top performer following this morning’s upgrade on the stock at Morgan Stanley.
Advancers are leading decliners this afternoon with more new highs than lows.
Market Breadth |
NYSE |
NASDAQ |
Advancers |
1,527 |
2,157 |
Decliners |
1,278 |
1,985 |
New Highs |
59 |
69 |
New Lows |
13 |
68 |
Up Volume |
953.1 million |
1.54 billion |
Down Volume |
743 million |
1.46 billion |
Tweet |
5/16/2024 1:23 PM | Dow 40,000 |
5/16/2024 9:40 AM | AUTOPILOT FEELS SO GOOD |
5/15/2024 1:53 PM | New Hope |
5/15/2024 9:41 AM | CHAMPING AT THE BIT (INVESTORS BEGINNING TO CHASE) |
5/14/2024 1:24 PM | Small Moves |
5/14/2024 9:22 AM | Marking Time |
5/13/2024 1:37 PM | Snuffed Out |
5/13/2024 9:37 AM | BRACING FOR MORE INFLATION DATA |
5/10/2024 1:23 PM | Cold Water |
5/10/2024 9:58 AM | IN TUNE |
5/9/2024 1:09 PM | Disconnect |
5/9/2024 9:39 AM | THE SEVENTH (TRADING) DAY OF MAY |
5/8/2024 1:49 PM | Mixed Note |
5/8/2024 9:37 AM | CHANGING NARRATIVES |
5/7/2024 1:50 PM | Building Gains |
5/7/2024 9:36 AM | HOPING MICKEY SAVES THE DAY |
5/6/2024 1:59 PM | Rate Cut Hopes |
5/6/2024 9:17 AM | LOOKING FOR MOMO TO KICK BACK IN |
5/3/2024 1:41 PM | Cheering the News |
5/3/2024 7:33 AM | TIM COOKS THE (RECORD) BOOKS |
5/2/2024 1:54 PM | Holding Up |
5/2/2024 9:41 AM | COOL HAND POWELL |
5/1/2024 1:22 PM | Which Powell? |
5/1/2024 9:40 AM | MAY DAY, MAY DAY, MAY DAY |
4/30/2024 1:02 PM | Complete Flop |
More commentary archives |
Home |
Products & Services |
Education |
In The Media |
Help |
About Us |
Disclaimer | Privacy Policy | Terms of Use | All Rights Reserved.
|