June 23, 2023
The broad US major benchmarks and equities pulled back on the week's last trading session.
- DIA -.64% QQQ -.99% SPY -.76%
Notable event last week Fed Reserve Chairman Powell remarks on Financial Committee
Weekly Performance:
- DIA -1.69% QQQ -1.33% SPY -1.42%
There has been a notable rotation in the US stock market/ equities, the indices have lost a whole percentile basis for the week, after 5 weeks stretch of green weekly performance.
The technology sector starts to mellow on rallies this week, while AAPL and MSFT continue to eked a record high performance for the week.
There has been a strong selling force in the Solar energy sector.
- Weekly basis performance - ENPH -12.72% SEDG -11.94% FSLR -2.37%
- JKS -11.14% CSIQ -10.60%
The bullish movers this week are the Blockchain/ Cryptos sectors:
June 22, 2023
The US major benchmarks and some equities bounced back, and the Technology sector led the stock rally today.
- SPY +.36% DIA -.03% QQQ +1.18%
US Macro News: US Jobless Claims held steady US Jobless Claims Hold Steady at 20 months high
- AMZN +4.26%
June 21, 2023
The US stock major index (es) printed a 3-red streak day, the Technology sector is the worst performer today.
- SPY -.51% DIA -.30% QQQ -1.36%
Federal Reserve Chairman Powell says that the fight against inflation has a long way to go expect another rate hike
The Momos experienced the first sell-off today:
New Breadth of Momo Stocks:
- - The Blockchains
Industrials Momo stock
No comments:
Post a Comment