13/2/23. Finspiration Monday Evening Report.
XJO was down a little today, -0.21%. After an initial early fall this morning, the index lapsed into a choppy sideways trend.
Below is the one-day chart for today:
Tough work for the day traders today if they were trying to make money on those tight little swings.
Seven sectors out of eleven were negative today. The best performer was XEJ (Energy) up +1.6%. The worst was XDJ (Discretionary) down -1.4%. XDJ was recently an out-performer, but is now reverting to the mean.
Tonight in the U.S. an update on inflation expectations will be provided. That could be market moving, one way or the other.
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