Afternoon Note
Solid action in the market today with the Nasdaq and S&P 500 trading at their best levels of the session.
All sectors are in green with Consumer Discretionary and Technology leading.
Market breadth is positive with more new highs than new lows on the NYSE and NASDAQ.
Market Breadth |
NYSE |
NASDAQ |
Advancers |
2,120 |
2,833 |
Decliners |
672 |
1,265 |
New Highs |
220 |
156 |
New Lows |
7 |
57 |
Up Volume |
1.34 billion |
1.88 billion |
Down Volume |
419.3 million |
940.9 million |
We have many Fed speakers today, from early morning into the end of the day. Most officials are following remarks by Fed Chair Powell from yesterday.
*Goolsbee Sees Inflation Still on Track To 2% Goal
*Barkin Says Fed Has Time to Gain Clarity Before Cutting
Tweet |
4/29/2024 1:39 PM | Musk Rides Back to the Mag Seven |
4/29/2024 9:50 AM | DIE BY THE SWORD, PROSPER BY THE SWORD |
4/26/2024 1:46 PM | Full Steam |
4/26/2024 9:39 AM | BIG TECH STEPS UP |
4/25/2024 1:16 PM | Don't' Bury me, Yet! |
4/25/2024 9:27 AM | THERE CAN ONLY BE ONE |
4/24/2024 1:30 PM | Earnings Flood In |
4/24/2024 9:26 AM | BUYING THE DIP |
4/23/2024 1:25 PM | Bloom Off Rose |
4/23/2024 9:32 AM | WHAT HAPPENED TO THE BRAVADO? |
4/22/2024 1:22 PM | Pins and Needles |
4/22/2024 9:30 AM | LIVE BY THE SWORD … |
4/19/2024 1:20 PM | Fair Chunk of Rotation |
4/19/2024 9:35 AM | DON’T OVERREACT |
4/18/2024 1:37 PM | Didn’t Break Down |
4/18/2024 9:40 AM | MARKET OFF SCRIPT |
4/17/2024 1:59 PM | Facing Pressure |
4/17/2024 9:37 AM | POWELL STILL WANTS TO HELP |
4/16/2024 1:35 PM | Muted |
4/16/2024 9:42 AM | FEAR ARRIVES |
4/15/2024 1:17 PM | Making a Statement |
4/15/2024 9:45 AM | Equal Opportunity Drubbing |
4/12/2024 1:37 PM | Pressure Overall |
4/12/2024 9:42 AM | WHO YA GONNA CALL? |
4/11/2024 1:38 PM | No Urgency |
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