Afternoon Note
And just like that, it’s back to ‘fear’ from ‘greed’ on Wednesday, the gravitational pull of fear dominates.
All major indices are in the red, as the “fear gauge” (Volatility Index (VIX)) surges abruptly.
Almost all sectors are down for the count.
New orders for U.S manufactured goods in June fell -3.3% m/m to $564.2B, missing estimates of -2.9%. The surprise was largely due to transportation equipment, which fell -20.6% m/m to $75.79B. The disappointing number is adding more fear to the already frightened market.
Other notable changes:
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thank you for telling truth. Joe Szostak on 8/2/2024 4:07:12 PM |
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7/2/2025 1:44 PM | Materials' Strength Continues |
7/2/2025 9:38 AM | BARNBURNER |
7/1/2025 1:29 PM | Rotation |
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6/30/2025 1:24 PM | Steady As She Goes |
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6/27/2025 9:39 AM | THERE'S MORE! |
6/26/2025 1:10 PM | S&P Approaches Record |
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6/25/2025 1:42 PM | Tech Stocks Power Nasdaq 100 |
6/25/2025 9:47 AM | CLIMBING MOUNTAINS OF WORRY |
6/24/2025 1:47 PM | Peace Rally |
6/24/2025 9:48 AM | PEACE THROUGH STRENGTH: THE MARKET LOVES IT |
6/23/2025 1:47 PM | Getting Some Resolve |
6/23/2025 9:51 AM | BRACING |
6/20/2025 1:29 PM | Second Triple Witching |
6/20/2025 9:38 AM | POWELL BLEW IT |
6/18/2025 12:41 PM | FED Day |
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6/17/2025 9:50 AM | THE BIG TECH TEN & CO |
6/16/2025 1:34 PM | Fears Subside |
6/16/2025 9:44 AM | DRUMBEATS OF PEACE |
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