Stock Market Weekly update -Jul 5
We finally got an ‘up’ week in the S&P 500 after 4 weeks of chopping around, while the DOW closed at another all time high, indicating continued rotation. The Semis were down for a 2nd week, while the Healthcare (XLV) sector hit another all time high, and as Tech dropped again. The Software sector was up a bit as well. We closed out the Quarter with a nice gain.
Quiet week ahead as far as both Earnings and Economic reports!
U.S. adds just 57,000 jobs in June, a worrying sign as wage growth remains slow
Lousy Jobs → Fewer Hikes → Stocks Happy
Dow jumps nearly 600 points to record close; Nasdaq slides as chip stocks suffer
Dow Bottomed At 6,460 Points In March 2009 – It Has Risen 8-Fold Since then
The 10 year Interest rate - up a bit to 4.49%
The Dollar - dropped to around 100.88
Gold - rallied for a 2nd week to $4175
Oil - dropped to $68.77
Bitcoin - up to around 62k
National debt climbing to around $39.4T
New all time Highs: KO, JNJ, TRV, PNC, ABBV, CSX, DAL, MNST, GE, ALL, CB, and other lesser followed names… like FROG 🙂
-ALL time Lows:
Earnings movers: Pops: -Drops: ,
% of S&P 500 stocks above the 50 day MA: Up from 64% to 67%
The indexes: SPX still chopping around since the 9 week rally high…
New all time high in the DOW! New low in the VIX
SPX SPY weekly - Pause or reversal? Still in pullback mode from the recent high..
DOW - no pullback here!
Stocks last week - Semis still weak!
2nd Quarter stock performance
Sectors last week -Healthcare led again!
Market concerns: Inflation? Debt? War, anything…? All time highs on the DOW!
Options watch: High IV (Implied Volatility) stocks -link
More charts:
WMT -Here’s how that double top signal in May played out…
MSFT -this one signaled in 2025
S&P 500 Total Percent Returns calendar
Feb 2025: 5 Cryptos to watch in 2025, 2026
10/12/25: Added AVAX, 11/23 This recent dip may be a good opportunity to buy/add
02/15/26: Buy the dips here?
06/30/26 -still near recent lows!
Links...
Top sites
Stocks/News:
Dow Hits Record High as Money Rotates Into Blue Chips
Small-cap stocks just had their best start to a year since 1991…
Global stock markets close higher as Europe’s benchmark hits 52-week high
US Money Supply Hits Record $23 Trillion as Critics See a New Fed-Fueled Bubble
Oil’s Stunning Reversal Rekindles Fears of a Global Glut
Gold prices set for first weekly rise in a month as investors scale back Fed rate hike bets
X Money promises 6% APY and up to $10M FDIC
Tesla Deliveries Soar To 480,126 In Q2, But EV Giant's Stock Tumbles
Tesla (TSLA) Expands Robotaxi Service To Miami With Cybercabs On Public Roads
10 WAYS TO PLAY ROBOTICS IN 2026
Rocket Lab to acquire Iridium - SpaceNews
Corning (GLW) Joins Russell Growth Indexes As Investor Base Could Shift
Venezuela quake toll climbs to 2,595 as damage estimates mount after strongest tremor in a century
Crypto/Blockchain:
-Global Market Cap: Now around $2.2 Trillion Current Crypto prices
'Markets find their footing': Bitcoin holds $61,000 rebound ahead of US Independence Day as soft jobs data eases rate fears
Visa, Stripe, Coinbase and more join Open USD stablecoin that shares reserve revenue
Ripple joins Open USD: what it means for RLUSD and XRP
Is Ethereum losing the L1 race to Solana?
The world cup turned Polymarket into a $5B market
Comments
Post a Comment