Stock Market Weekly update -Jun 21
We popped higher in the S&P500 on Monday but gave back much of those gains by Thursday. However the Dow, Nasdaq, and the Small-caps closed at all time highs. Likewise for the Semis, while SNDK popped again to also close at another all time high! The Energy sector dropped for a 2nd week as Oil dropped to around $75. Gold dropped for yet another week. The Fed kept Interest rates unchanged, and the 10yr rate remained mostly unchanged as well. Stock Markets continue in a weekly uptrend, S&P 500 closes higher, Nasdaq climbs nearly 2% as chips fuel comeback from Fed sell-off Semis continue to rocket higher! The week ahead: PCE report -MU earnings Schwab Weekly Trader's Outlook Edward Jones recap The 10 year Interest rate - down a bit to 4.45% The Dollar - up over 100 again at around 100.76 Gold - dropped again to $4155 Oil - dropped below $80 to $76.55 Bitcoin - mostly flat around 63.5k National debt $39.2...