Market Recap - July 10-14, 2023

July 11, 2023

The US stock market rallies on the second consecutive day following last week- 3-day  streak of losses.

• DIA  +.90%  SPY  +.64%  QQQ  +.49%

The financials & energy sector continues to lag compared to the Technology sector and Consumer discretionary.

Today Bull Movers:

• RH +5.30%  COIN +9.78%    Z +9.12%
• GNRC +4.52%    MMM +4.87%     RBLX +4.83%  
• MELI +3.17%   RIOT +3.86%    W +3.88%    PXD +3.40%    QS +3.57%  

Today Bear Movers:

• CMG -1.90%   CSIQ -2.79%   JKS -2.36%    LLY -3.04%

  July 10, 2023

The US stock market bounced from last week's 3-day streak of losses.

• DIA +.64%  QQQ  +.03%  SPY +.25%

There are other sectors that are breaking out other than technology stocks.  The furniture names - RH, WSM, & W.

The Crypto mining/ Blockchain/ and, the stock that has exposure to Cryptos are outperforming as well - COIN, RIOT, MARA, & MSTR

The EV makers are outperforming the market following record-high sales from BYD.

-RIVN, NIO, LI, BYD & TSLA.  The battery maker is breaking out as well.