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Скачать или смотреть Market Update: June 15th, 2023 - Hot Market Notches 6th Win In A Row

  • Talk Money with Tom
  • 2023-06-15
  • 72
Market Update: June 15th, 2023 - Hot Market Notches 6th Win In A Row
InflationcpiFederal Reserve pauseoptions expiration datestock market quarter endrebalancing of large fundsTalk Money with Tom
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Hello, everybody, welcome to Thursday, the S&P 500 was up a little bit more than 1.2%. Today, it's our sixth win in a row. market is doing fantastic. Right now, we have been waiting for this series of checks on my checklist to be accomplished before we could start to say, hey, this market is really going, you know, in a primary direction and up instead of primary direction down. Seems like everybody else had that same checklist, because once I got done with that the market has taken off. So we're fully invested, we're in there, we're doing well, the signals haven't changed, which is a good thing. Really, if you look back, it was early May, we went green. So good ride here for that signal on the stock market, the bond market signal still at Green and yellow. As far as that goes, also, bond market might struggle a little bit more in this environment. However, today, the bond market did quite well. So this is a good environment, earnings are still doing well, employment still doing well. Inflation went from 9% to 4%, over the last year on CPI. That's a good thing. The Federal Reserve has paused the debt ceilings done, you know, all of these pieces are coming into play. And that's why the market is doing so well. There might be a little volatility coming up here just to be aware of tomorrow's options expiration day. So sometimes we get some volatility from that. And then we're only a couple weeks away from the end of the quarter. And so these big funds that have to rebalance, you know, to get back to their targets of their target is 60% stock. And maybe they're at 65%, they're going to sell some stock and buy some bonds. So sometimes we see some downturns at the end of these quarters because of that rebalancing. However, these are not structural issues, these aren't companies losing money or high unemployment are these other issues that we might be more concerned with. These are temporary, we'll get through those. And we'll see what's going to happen going forward. But things are still looking pretty good. We're still kind of hanging in there, even though everybody thought we wouldn't be where the market is doing quite well. So I'm glad that we're participating in that. So I have up show that I do live, you can ask questions live. I do a summary for what I saw happening a stock market for the week. It's called talk money with Tom it's on YouTube, to do it on Fridays from 1215 to one please feel free to join me. And also we're making a drive right now to try to get subscribers on the channel. So if you want to help out, you can hit that little subscribe button there. That would help us out too. So look forward to seeing you tomorrow. Thank you very much.

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