Afternoon Note
Cautionary Tone
By Charles Payne, CEO & Principal Analyst
1/23/2018 1:35 PM
There has been a cautionary tone to the market today with utilities and real estate higher. At midday, advancers outpace decliners 1682/1190 on the NYSE and 1407/1352 on the Nasdaq. The Dow is lower by 20 points, while the Nasdaq and S&P are up, +40 and +4, respectively, and near new record highs.
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+0.16% |
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|
+0.50% |
||
|
-0.38% |
||
|
-0.42% |
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+0.07% |
||
|
-0.27% |
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-0.01% |
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-0.40% |
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+1.20% |
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+0.51% |
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-0.24% |
There has not been any major economic news today. The Dollar is mixed, but it has been trending lower. The 10 year is down 1.39% today to 2.628%, but it has been on fire of late.
10-year
We have taken profits on a several positions in the last couple of days (if you are not on the Hotline yet, call your account representative or email us at info@wstreet.com to get started today).
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