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June 30, 2018 – Weekend Market Comment

June 30, 2018 – Well that was not exactly a week of sunshine and happiness as markets began the week with a swoon and the charts turned very cautious.

U.S. Stocks rose on Friday, the last trading day of the first half of the year, but still posted weekly losses as the underlying market sentiment was soured by anxiety over global trade frictions.

The Dow Jones Industrial Average up 55.36 points to 24,271.41, with Nike bringing a ray of sunshine. The S&P 500 gained a tiny 0.1 percent and closed at 2,718.37 as energy jumped 0.7 percent. The NASDAQ composite ended flat up a microscopic 0.1 percent to 7,510.30.


100 Series: In Market? Aggressive or Defensive?   
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101 Bull Bear Bull market (dark green over red) the dark green 50-day average is in an upward trend. Also, the current price is still above the 50-day moving average. Notice the second window, the slope is positive but going sideways.  BULLISHBull market -- expect bullish outcomes. ! 103 NYSE 52-w…