Скачать или смотреть Will the melt-up continue? - Stock Market Review for beginners 📈

Stock Market Rally Revs Higher
In a striking improvement from a week earlier, the stock market rally had a strong, broad advance. The Nasdaq hit a record high, followed by the S&P 500. The Dow Jones reclaimed its 50-day line, boosted by a Biden infrastructure deal. A large number of tech stocks flashed buy signals, but so did some apparel plays, medicals and more. Nike surged on earnings.

Higher Inflation, Slower Growth
Initial jobless claims surprised on the high side for a second week, a potential indication that the June jobs report won't be a blockbuster. After averaging 381,000 the two prior weeks, claims came in at 418,000 and 411,000 in the weeks of June 12 and 19, respectively. In coming weeks, new benefit claims should fall as the decision to end the $300 weekly supplement in 25 states takes effect.

On Friday, the Commerce Department reported that the Fed's go-to inflation index, the core personal consumption expenditures price index, rose 3.4% in May vs. a year ago, the most since 992. After the data, the 10-year Treasury yield initially perked up a bit to 1.51%.

Personal spending was flat in May as the bump from stimulus checks faded, and an increase in outlays on services was offset by less spending on goods.

Meanwhile, both new and existing home sales continued to trend lower in May amid tight inventory and high prices, pinching affordability. New-home sales fell to a 769,000 annual rate, 5.9% below April's downwardly revised figure. Existing-home sales slipped 0.9% to a 5.8-million-unit annual rate, as the median price rose a record 24% from a year ago in data back to 1999.

📋 Table of contents 📋
0:00 Intro
1:00 BTC
3:20 SPY pullback soon
7:00 QQQ breaking out
8:30 ⚠️US10Y treasury yields bounce
10:10 OIL, XLE
10:40 XLF dead cat bounce?
12:45 ⚠️ DXY Dollar WARNING!!
13:40 AAPL breakout, ready for a backtest?
14:50 AMD
15:25 AMZN rejected
16:10 ARKK
17:20 DIS
17:10 FB Breaking out
17:50 GOOGL, MSFT breakout
18:55 Biogen (BIIB) Alzheimer's Drug Aduhelm Approved
19:30 XPEV
20:40 Summary and warnings
21:40 NFLX

📒 Show Sources 📒
https://www.reuters.com/world/us/us-s...

➡️ Support MarQetFlow with crypto:
https://commerce.coinbase.com/checkou...

💰CLAIM YOUR FREE STOCKS ON WEBULL HERE UP TO $2300!:
https://act.webull.com/ne/7zvCgKMDGzw...

⚡️ Open an account at TradingView and get $30:
https://www.tradingview.com/gopro/?sh...

🏦 Earn $200 cash back with Chase Freedom credit card. I can be rewarded:
https://www.referyourchasecard.com/18...

Background music or audio used in this scream video comes from our public domain and I am authorised to use them. For more information visit https://librivox.org/pages/public-dom...

The Stock Market Review and trading ideas presented here are based on news, technical analysis, unusual stocks options activity or fundamentals. Not all trades will be winners and not all strategies or price targets are perfect, please do your own due diligence. If you find any holes or flaws on my analysis put it in the comments bellow so everyone can be aware of it. Comment any other trade ides you like me to review or the trade you like the most from the video.

#StockMarket #TradingIdeas #MarketNews