Even though the U.S. stock market is closed, futures and international markets are still open and their trading action will still have an impact on the stocks we trade — and more in Monday's stock market recap.
When I sat down to film this video, the E-mini Dow and Nasdaq were up about 154 and 83 points, respectively. If there aren’t any major wrinkles or surprises over the next 24 hours or so, markets should open up higher on Tuesday…
Which would be great following last week’s tumultuous trading action…
The best part is that the bond market, which is still trading sideways, isn’t putting as much pressure on stock right now as it has the past several months. In other words, it looks like things are overdone for the time being and that the market should start moving up from here.
In this morning’s stock market recap video, I’ll show you what to expect from stocks this week… why small-cap stocks are losing less value than large caps… why bonds are moving less directionally… why defensive stocks are starting to break down… the biggest Federal Reserve report on the table… a deep dive into market levels and internals… and what to expect from stocks this week.
I uncovered 64 secret market patterns that date back to the 18th century about six months ago through one of my most trusted backtesting systems…
These patterns were created to lead price action and predict explosive moves before they occur. So I set out to refine them by unleashing the most powerful algorithms of today’s computer age…
I had one goal, and one goal only…
Isolate the top patterns with as close to a 100% win rate as possible… But what I uncovered during the testing process shocked me to my core.
Is This a Market Shakeout or Another Leg Down? Plus My Top ETF
June 16, 2022
In Thursday’s stock market recap, U.S. stock futures were down as major indices gave up their gains following Wednesday’s post-Federal Reserve meeting rally.
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