Market Commentary
It's been tough sledding for the market beneath the surface.
The ten-year bond yield remains higher and that's not helping the market.
There was another economic miss - manufacturing PMI moved lower.
That could be why stocks are struggling. Seven out of eleven sectors are down today, with Technology (XLK) leading the pack. Materials (XLB), Real Estate (XLRE), and Industrials (XLI) are the biggest losers so far.
It's frustrating for sure, but also informative.
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7/3/2024 9:38 AM | SEASONALITY VS. JITTERS |
7/2/2024 1:31 PM | Mixed Mid-day |
7/2/2024 9:42 AM | THE SUMMER WINDS |
7/1/2024 12:49 PM | Market Sledding |
7/1/2024 9:23 AM | Seasonality vs Jitters |
6/28/2024 12:50 PM | Grappling The Narrative |
6/28/2024 9:52 AM | STEALTHY BUT ENCOURAGING |
6/27/2024 2:13 PM | All Eyes to PCE Reading |
6/27/2024 9:59 AM | MORE SMOKE & MIRRORS |
6/26/2024 1:34 PM | New Home Sales Plummets |
6/26/2024 10:01 AM | MAMA SAID KNOCK YOU OUT |
6/25/2024 1:27 PM | Monday’s Reflection |
6/25/2024 10:00 AM | TYING DOWN THE GIANT |
6/24/2024 1:42 PM | Mixed Day |
6/24/2024 9:30 AM | NVDA REVEALS WEAKENING RALLY FOUNDATION |
6/21/2024 1:13 PM | Fatigue |
6/21/2024 9:54 AM | NVIDIA SHRUGS |
6/20/2024 1:32 PM | Seesaw Session |
6/20/2024 10:00 AM | NEW SOURCE OF FUNDS TO BUY NVIDIA? |
6/18/2024 1:40 PM | Industrial Production Huge Beat |
6/18/2024 9:59 AM | SAME TIDE SAME STORY |
6/17/2024 1:38 PM | Getting Stronger |
6/17/2024 9:50 AM | SKINNIEST RALLY |
6/14/2024 1:06 PM | Week Ending News |
6/14/2024 10:00 AM | CHIPS & EVERYTHING ELSE |
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