Stock Market Weekly update -Jun 29
We got a huge rally last week, finally taking the SPX and Nasdaq to new all time highs! The DOW & Small-caps are still lagging. The Dollar continued its drop which started in January, now down approximately 10%. We have a holiday shortened week with the markets closed half day on Thu, and all day Friday for the July 4th holiday. Keep an eye on the monthly Jobs report on Thursday, a potential market mover. Nvidia tops Microsoft, regains most valuable company title for first time since January The week ahead: Monthly Jobs report on Thursday Schwab Weekly Trader's Outlook Edward Jones recap The 10 year Interest rate -dropped for a 3rd week, now at 4.28% The Dollar - dropped to 97.25 Gold - dropped again to $3273, even as the dollar dropped. Oil - dropped to $65.03 Bitcoin/Crypto -rallied to around 107k New all time Highs : MSFT, IBM, NVDA, AVGO, NFLX, GS, RKLB, NDAQ, TTWO, TSM, APH, FLEX, JBIL, AXON, WMB, RCL, CCJ, CAH, EQH, INTU, MCK and m...