Saturday, June 27, 2020 6:03:58 PM
Stock Market Rally Hits Brake; What To Do As Coronavirus Cases Soar
https://finance.yahoo.com/m/41d35cb8-14b3-34e3-94d6-11b7cff87b4b/dow-jones-futures%3A-stock.html
QQQ leading the way south after the evening star showing up couple days ago;
DJIA, SPX, IWM, SMH following its way after breaking out the down trend lines!
Covid-19 milestones continued Saturday, from global coronavirus cases topping 10 million and worldwide deaths hitting 500,000 to Florida infections skyrocketing yet again.
The coronavirus stock market rally remains in a confirmed uptrend, with true leaders such as Apple (AAPL), Microsoft (MSFT) and Amazon.com (AMZN) holding up.
Dexcom (DXCM), Fortinet (FTNT) and Chipotle Mexican Grill (CMG) all have brand-new bases. Meanwhile, it's a big week for Tesla (TSLA) and Tesla stock.
The coronavirus stock market rally could be starting a new, slower phase after the tremendous run from March lows, but it could also be the start of a pullback or more as soaring Covid-19 cases raise concerns about the economic recovery.
Leading stocks continue to lead. Apple stock, Microsoft stock and Amazon stock all rose last week. Fellow megacap Facebook (FB) and Google parent Alphabet (GOOGL), a little late to the coronavirus stock market rally, suffered big losses, plunging Friday. AAPL stock, MSFT stock and AMZN stock have been leaders in the coronavirus stock market rally, but also in recent years. Facebook stock and Google stock, though enjoying periods of outperformance, have generally moved in sync with the broader market for years.
https://finance.yahoo.com/m/41d35cb8-14b3-34e3-94d6-11b7cff87b4b/dow-jones-futures%3A-stock.html
QQQ leading the way south after the evening star showing up couple days ago;
DJIA, SPX, IWM, SMH following its way after breaking out the down trend lines!
Covid-19 milestones continued Saturday, from global coronavirus cases topping 10 million and worldwide deaths hitting 500,000 to Florida infections skyrocketing yet again.
The coronavirus stock market rally remains in a confirmed uptrend, with true leaders such as Apple (AAPL), Microsoft (MSFT) and Amazon.com (AMZN) holding up.
Dexcom (DXCM), Fortinet (FTNT) and Chipotle Mexican Grill (CMG) all have brand-new bases. Meanwhile, it's a big week for Tesla (TSLA) and Tesla stock.
The coronavirus stock market rally could be starting a new, slower phase after the tremendous run from March lows, but it could also be the start of a pullback or more as soaring Covid-19 cases raise concerns about the economic recovery.
Leading stocks continue to lead. Apple stock, Microsoft stock and Amazon stock all rose last week. Fellow megacap Facebook (FB) and Google parent Alphabet (GOOGL), a little late to the coronavirus stock market rally, suffered big losses, plunging Friday. AAPL stock, MSFT stock and AMZN stock have been leaders in the coronavirus stock market rally, but also in recent years. Facebook stock and Google stock, though enjoying periods of outperformance, have generally moved in sync with the broader market for years.
My post is for Your Eyes only and my entertainment
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