00:00 Speaker A

We’re looking at gains across the majors plus the Russell 2000. Not big ones, but I think investors will take it after what we was not the greatest start to the month yesterday and call it turnaround Tuesday or whatever. We’re looking at the Dow net up 184 points or about 4/10 of 1%. Nasdaq up a little bit more than that. You can see kind of in the middle of its daily range there. S&P 500 also in the middle of its range up a half a quarter of 1%.

00:27 Speaker A

And then the Russell 2000 up a little bit less than that. So not a huge day in terms of volatility or action, at least on the surface level of the indices. Uh but we do have some interesting nuggets to reveal under the market’s hood and let me go over to the sector action first.

00:43 Speaker A

Tech was the leader an hour ago, it’s still the leader at the end of the trading day up 1%, followed by Industrials and communication Services. Those were the only sectors in the green and the only outperformers of the S&P 500 here. Energy still the worst off down just a little over one uh and quarter one and one quarter percent.

01:00 Speaker A

Materials, utilities, staples, healthcare, real estate, all those also down on the bottom row. And let’s take a look at the Nasdaq 100. I have to call out Apple here. It did in fact notch its seventh straight day in a row. Here’s a 10-day look. You can see that chart up 7% coincidentally over that time period.

01:15 Speaker A

Six of these last wins have been record all-time closing highs. So quite an accomplishment for Apple, which really came uh back late in the cycle here. A lot of uh other stocks and its cohorts uh raced after that raced up after that April low, but Apple kind of pulling it out in the end here, at least the end of the year. And let’s take a look at the Dow as well.

01:31 Speaker A

To the right side, you’re going to see uh quite a bit of red there. So not the greatest mix uh aside from the mega caps. Boeing is a huge standout. That stock, uh let’s do that in an intraday. There we go. Up about 10% today, Honeywell up 1 and a half%, Caterpillar up 2 and a half%. So that accounts for those uh industrial wins that we were looking at in the sector action before.

01:51 Speaker A

And then in terms of transportation, I got to call out the airlines because we’re seeing United, uh that was up 3% here. I’m circling that. Southwest up almost two, Delta Airlines up 1 and a half%. So the airlines doing well today. Uber came roaring back. That’s the biggest stock in the index. That was up 1.17%. And once again, I will lead it off, leave off on our on our leaders here. and Bitcoin was a big winner overall. Uh GBTC, that’s my Bitcoin proxy, up 6 and a half percent over the trading day.

02:17 Speaker A

Chip stocks in the second place and Quantum, Korea, uh software, defense and aerospace, disruption, you name it, all those on the top row. And then IPO’s, Biotech and China were the worst off today.