Reply To: Traders Market Weekly: Fed and BOJ Dribble Ahead

#74675
Truman
Participant

Market AT Lunch

Dow 38850.40 +43.07 (0.11%)
Nasdaq 17172.99 -14.93 (-0.09%)
SP 500 5349.14 -4.89 (-0.09%)
10-yr Note -1/32 4.294
NYSE Adv 1205 Dec 1527 Vol 259.0 mln
Nasdaq Adv 1598 Dec 2532 Vol 3.04 bln

Industry Watch
Strong: Communication Services, Financials, Health Care, Consumer Discretionary, Utilities
Weak: Materials, Industrials, Information Technology

Moving the Market
— Not a lot of conviction with market near all-time highs
— Mixed action mega cap stocks contributing to mixed feeling at index-level
— Rising market rates acting as limiting factor for equities
— Digesting this morning’s economic data

A look inside the DJIA shows that Intel (INTC 30.46, -0.32, -1.04%), 3M (MMM 98.36, -0.70, -0.71%), and Goldman Sachs (GS 459.26, -2.42, -0.52%) are underperforming.

Salesforce (CRM 242.66, +6.13, +2.59%) bouncing