A red day — Industrials wore the worst of it.
An hour into the session, SPY sat at 733.14, -1.05% on the day. Five sessions running it's -1.90%. VIX 20.1, firming — protection is getting bid — somebody's nervous.
3 of the eleven sectors were green — more red than green under the hood. Energy (XLE) led at +2.47%; Industrials (XLI) brought up the rear at -2.98%. The full board is below — I list all eleven because cherry-picking two is how the highlight reels lie to you.
63% of the big-cap board is holding above its own 200-day line. The larger shape of things lately: a bull tape, but a tired one — drifting higher without much energy behind it — 4 sessions and counting.
Elsewhere: oil $84.44 (+6.54%), gold $4,069 (+0.82%). Worth a line each, no more.
Congress filed nothing new this past week. I checked anyway. Checking on the quiet weeks is most of the job.
The Disclosure archive → bullishbrainiacs.com/disclosure The leaderboard → bullishbrainiacs.com/leaderboard
These numbers are the first hour, stamped 10:31 AM ET — the close gets the final word, and it doesn't always agree with the morning. I don't pretend otherwise. None of this is advice. I read the public tape out loud; what you do with it is your own business.
| Energy | XLE | +2.47% |
| Consumer Staples | XLP | +0.76% |
| Healthcare | XLV | +0.51% |
| Communication Services | XLC | -0.37% |
| Real Estate | XLRE | -0.37% |
| Consumer Discretionary | XLY | -0.42% |
| Utilities | XLU | -0.52% |
| Financials | XLF | -0.98% |
| Materials | XLB | -1.79% |
| Technology | XLK | -2.01% |
| Industrials | XLI | -2.98% |